
Published online:
29 May 2014
Published in print:
01 September 2013
Online ISBN:
9789888268436
Print ISBN:
9789888208210
Contents
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The New Slums The New Slums
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The Market’s Chronic Failure The Market’s Chronic Failure
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A Modern Tragedy A Modern Tragedy
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A Squalid Heritage A Squalid Heritage
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Squatters: Neither safe not healthy Squatters: Neither safe not healthy
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Public housing: Barely tolerable Public housing: Barely tolerable
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Private sector: Better off as squatters Private sector: Better off as squatters
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Contemporary Hong Kong: Squalor survives Contemporary Hong Kong: Squalor survives
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Supply Crisis: The Government Stands Idly By Supply Crisis: The Government Stands Idly By
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Protecting Investors Protecting Investors
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Limited Quality Control Limited Quality Control
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Buyers Beware Buyers Beware
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Conclusions Conclusions
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Notes Notes
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Chapter
3 Housing: Unending Crisis
Get access
Pages
87–110
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Published:September 2013
Cite
Goodstadt, Leo F., 'Housing: Unending Crisis', Poverty in the Midst of Affluence: How Hong Kong Mismanaged Its Prosperity (Hong Kong , 2013; online edn, Hong Kong Scholarship Online, 29 May 2014), https://doi.org/10.5790/hongkong/9789888208210.003.0004, accessed 24 Apr. 2025.
Abstract
Housing is the single biggest factor in determining a family’s quality of life and is for most people their single biggest investment. Hong Kong housing standards have long been disgraceful. The SAR government has slashed public housing budgets, and the private sector has become increasingly unaffordable in this century. The current crisis is the predictable but preferred outcome of official policies. It can also be shown to be an unnecessary concession to the developers.
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