Housing consumption of assisted home ownership

Chi Man Hui, R.Y.C. Tse

Research output: Journal article publicationJournal articleAcademic research

Abstract

This paper first reviews the HOS and home ownership in Hong Kong and the international context. We analyse factors that affect housing consumption of HOS, highlighting the effects of household background characteristics. Our results indicate that housing consumption by HOS buyers is quite sensitive to income class. We also find that household size yields demand and substitution effects on housing consumption. However, the difference in housing consumption level between the HOS buyers from the public and private housing sectors is insignificance.||This paper first reviews the HOS and home ownership in Hong Kong and the international context. We analyse factors that affect housing consumption of HOS, highlighting the effects of household background characteristics. Our results indicate that housing consumption by HOS buyers is quite sensitive to income class. We also find that household size yields demand and substitution effects on housing consumption. However, the difference in housing consumption level between the HOS buyers from the public and private housing sectors is insignificance.
Original languageEnglish
Pages (from-to)15-33
Number of pages19
JournalInternational Journal of Construction Management
Volume5
Issue number2
DOIs
Publication statusPublished - 2005

Keywords

  • Home ownership
  • Income elasticity
  • Price elasticity
  • Housing consumption
  • Hong Kong

ASJC Scopus subject areas

  • Management of Technology and Innovation
  • Strategy and Management
  • Building and Construction

Cite this