A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Setting rent with reference to tenants' affordability: Public housing rent policy in Hong Kong
Abstract Hong Kong is one of the housing systems inwhich public tenants' affordability has beenincorporated in the rent-setting mechanism inwhich the median rent-to-income measurement isemployed as an explicit indicator ofaffordability. However, contravening policiesin the public housing sector make such a simplerent-setting formula complicated. A moredetailed analysis of the rent-setting mechanismalso reveals that the arbitrarily picked upreference ratio is incapable of catering forthe wide variety of circumstances amongtenants. At the same time, there is also someinconsistency in adopting a unifiedaffordability standard in different aspects ofrent setting. Lastly, the endorsement ofaffordability as an overarching principle inrent setting is prone to introducecontradictions in the system. The level of rentmay bear a close relation to the circumstancesof the occupants but not to the conditions ofthe dwelling. Affordability as amarket-oriented principle would also weaken thelegitimacy of the public rental sector as abasically supply-side oriented regime.
Setting rent with reference to tenants' affordability: Public housing rent policy in Hong Kong
Abstract Hong Kong is one of the housing systems inwhich public tenants' affordability has beenincorporated in the rent-setting mechanism inwhich the median rent-to-income measurement isemployed as an explicit indicator ofaffordability. However, contravening policiesin the public housing sector make such a simplerent-setting formula complicated. A moredetailed analysis of the rent-setting mechanismalso reveals that the arbitrarily picked upreference ratio is incapable of catering forthe wide variety of circumstances amongtenants. At the same time, there is also someinconsistency in adopting a unifiedaffordability standard in different aspects ofrent setting. Lastly, the endorsement ofaffordability as an overarching principle inrent setting is prone to introducecontradictions in the system. The level of rentmay bear a close relation to the circumstancesof the occupants but not to the conditions ofthe dwelling. Affordability as amarket-oriented principle would also weaken thelegitimacy of the public rental sector as abasically supply-side oriented regime.
Setting rent with reference to tenants' affordability: Public housing rent policy in Hong Kong
Yip, Ngai Ming (author) / Lau, Kwok Yu (author)
2002
Article (Journal)
English
BKL:
56.00$jBauwesen: Allgemeines
/
56.81$jWohnungsbau$XArchitektur
/
74.72
Stadtplanung, kommunale Planung
/
74.72$jStadtplanung$jkommunale Planung
/
56.00
Bauwesen: Allgemeines
/
74.60$jRaumordnung$jStädtebau: Allgemeines
/
74.60
Raumordnung, Städtebau: Allgemeines
/
56.81
Wohnungsbau
Setting rent with reference to tenants' affordability: Public housing rent policy in Hong Kong
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