Property, Credit and Business Cycles in Hong Kong

Li, Rita Yi Man

doi:10.1007/978-3-642-54245-9_5

Cited by 1 publication

(1 citation statement)

References 15 publications

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“…In August 1997, the Asian financial crisis officially began, and the currencies of Asian countries (regions) were coincidentally pursued by hedge funds, and the panic quickly spread to Hong Kong, when the Hong Kong stock market and Hong Kong real estate market were at historic highs, and the Hong Kong Monetary Authority was forced to raise interest rates as a means to defend the exchange rate The limit of no more than 50 hectares of new land approved each year has increased the supply of housing. Li (2019) once pointed out that increasing the supply of housing and increasing the supply of land is a kind of moral policy in terms of the policy itself, but it is a pity that the Asian financial crisis and the time lag in construction have exacerbated the downward pressure on real estate prices, which have fallen sharply by 40% in just one year.…”

Section: The Impact Of Key Historical Events and Policies On Hong Kon...mentioning

confidence: 99%

A Comparative Study and Analysis of the History and Recent Development of Real Estate in Hong Kong and the Mainland

2024

JEFAS

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Since the resumption of customs between Hong Kong and the Mainland, exchanges between the two places have become increasingly close. With the stabilisation of connectivity between the two places and the recovery of the Mainland economy, the transaction volume of Hong Kong's real estate market has been rising. This paper compares and analyzes the real estate development in Hong Kong and the mainland, on the one hand, analyzes the real estate development history of the two places, in particular, focuses on the impact of key historical events and policies on Hong Kong's real estate, and on the other hand, compares the development status of real estate in the two places in recent years, so as to understand the characteristics and development trends of the real estate markets in the two places, and provides reference for policy formulation and investment decision-making in the context of the close connection between the real estate in the two places after the reopening of the border. At the same time, it looks forward to the development trend of real estate in Hong Kong and mainland China, predicts possible challenges and opportunities, and puts forward reasonable policy suggestions and coping strategies. The results of the study show that the development of real estate in the Mainland is more affected by the political environment and is different from that of Hong Kong in terms of economy, policy and society; the lack of land supply has become an inevitable trend in both places, and it is necessary to solve the problem in a multi-faceted manner.

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Section: The Impact Of Key Historical Events and Policies On Hong Kon...mentioning

confidence: 99%

A Comparative Study and Analysis of the History and Recent Development of Real Estate in Hong Kong and the Mainland

2024

JEFAS

View full text Add to dashboard Cite

show abstract

Property, Credit and Business Cycles in Hong Kong

Cited by 1 publication

References 15 publications

A Comparative Study and Analysis of the History and Recent Development of Real Estate in Hong Kong and the Mainland

A Comparative Study and Analysis of the History and Recent Development of Real Estate in Hong Kong and the Mainland

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