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Carrillo, P M (1998) Acquisition or divestment: UK contractors changing business portfolio. Journal of Financial Management of Property and Construction, 3(03), 49–70.

Hui, E C M, Ho, M F and Tam, S H (1998) Review of public housing rent policy in Hong Kong. Journal of Financial Management of Property and Construction, 3(03), 75–88.

  • Type: Journal Article
  • Keywords: administrative rents; location; housing affordability; relative estate value; economic factors
  • ISBN/ISSN: 1366-4387
  • URL: http://www.emeraldinsight.com/journals.htm?issn=1366-4387
  • Abstract:
    About 35%, comprising about 700,000 households, of the Hong Kong population live in public rental housing estates provided by the Hong Kong Housing Authority which is a quasi-government organization. The majority of these tenants are of the lower income group and so social or "administrative " rents are charged. Yet, the rent of such social housing has been heatedly debated between pressure groups, political parties and the government. This research paper addresses the determinants of such rents. It starts by reviewing the rationale of such social housing in Hong Kong. This is followed by a theoretical framework within which to investigate the possible determinants of such social housing rents-namely, location, social and environmental facilities, cost, inflation, relative estate value, affordability, economic factors, and political factors. The concluding part draws out the implications of the dominating or over-riding determinants of such rents and how they might affect government's decision to hold existing or build more such new housing.

Jagboro, G O (1998) The fffect of payment for advance purchase of building materials on contractor's cash-flow projections. Journal of Financial Management of Property and Construction, 3(03), 71–83.

Liow, K H (1998) An empirical investigation of corporate growth of property companies. Journal of Financial Management of Property and Construction, 3(03), 5–16.

Nicholas, J, Holt, G D and Harris, P T (1998) Financial business relationships: a conceptual model for evaluating contractors' creditworthiness. Journal of Financial Management of Property and Construction, 3(03), 17–36.

Ruokolainen, A and Plat, H T (1998) A system for allocating of private home owners' annual budget to housing. Journal of Financial Management of Property and Construction, 3(03), 37–48.