• 토지주택연구
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• 제4권3호
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• pp.211-223
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• 2013

Massive migration is underway in rapidly urbanizing Guangzhou, the south gate of P. R. China. Over half the migrants choose to rent in "villages-in-the-city" in the downtown area because of the low-cost and prime location. The overpopulation and resulting poor environment and high crime-rate turn villages-in-the-city into de facto ghettos. As a result, these ghettos are undergoing a manner of demolition-development, leaving migrants' housing needs unmet. A private-sector initiative-the Tulou Commune-intends to address this considerable market potential. Targeting low-income groups, the Tulou Commune creates a socio-spatially exclusionary enclave. This paper analyzes the Tulou Commune and the implications if more low-income migrants shifting from village-in-the-city (excluded ghetto) to Tulou Commune (exclusionary enclave). This study argues that the intervention of the private sector causes the demographic, social, and spatial similarities and differences of the two living arrangements. Socioeconomic and institutional factors also affect the initiative. This study also provides more empirical evidence in the field of low-cost housing and socio-spatial development in transitional Chinese cities. As the first project of its kind, the analysis of the case can suggest how to improve strategies for accommodating migrants in the future.

• The Journal of Asian Finance, Economics and Business
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• 제5권2호
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• pp.43-51
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• 2018

We study the impact of economic policy uncertainty (EPU) of Asian four countries such as Korea, Japan, Hong Kong, and China on housing market returns in Korea. Also, we document the relationship between the EPU index of those four countries and the housing market including macroeconomic indicators in Korea. The EPU index of those four countries has significantly a negative effect on the housing purchase price index, housing lease price index in Korea. The EPU index in Korea and Japan has significantly a negative effect on the CPI. The EPU index in only Japan has significantly a negative effect on the PPI. The EPU index in Hong Kong and Korea has significantly a negative effect but the EPU index in China significantly has a positive effect on the stock price index in construction industry. The EPU index in only Korea has significantly a negative effect the stock price index in banking industry. This study shows the EPU index of the Korea has the negative relationships on the housing market economy rather than other countries by VECM. And this study has an important evidence of the spillover of several macroeconomic indicators in Korea for the EPU index of the Asian four countries.

• 국제학술발표논문집
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• The 8th International Conference on Construction Engineering and Project Management
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• pp.278-288
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• 2020

Modular Integrated Construction (MiC) has gained quite momentum as it provides solutions for several problems in the construction sector, particularly in Hong Kong. MiC is converting the building into modules and erecting them easily on site providing various benefits, such as cost and time savings, better quality, lower risk, higher sustainability, less injuries and accidents, etc. The MiC is considered the best alternative to traditional construction approaches in solving the huge housing demand problem in many cities all over the world due to the time-saving privilege. The utilization of MiC is facing a lot of challenges, which are considered obstacles to the wide acceptance of this technique in the construction industry in Hong Kong. This, in turn, has led the interests of the research community to investigate its benefits and challenges aiming at addressing several solutions to harness the benefits of this technique and to tackle these challenges. The present research aims to review the main concept of MiC and to determine the benefits and the challenges of implementing MiC in construction industry. The findings of this research highlight the advantages and limitations of incorporating MiC technique in Hong Kong, which will help the stakeholders to effectively utilize this technique in the construction industry.

• 토지주택연구
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• 제5권1호
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• pp.53-56
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• 2014

Hong Kong, a well-known metropolis characterized by skyscrapers on both sides of the Victoria Harbour, consists mainly of 3 parts, namely the Hong Kong Island, the Kowloon peninsula and the New Territories (N.T.) which is the land area north of Kowloon plus a number of outlying islands. Located in the N.T. are all the new towns, market towns; and in the plains and valleys lie scattered village houses of not more than 3 storeys within the confines of well-defined village. These village houses are governed by a rural housing policy that could be traced back to the very beginning of the former British administration in the N.T. By the Convention of Peking of 1898, the N.T., comprising the massive land area north of Kowloon up to Shenzhen River and 235 islands, was leased to Britain by China for 99 years from 1st July 1898. Soon after occupation, the colonial government conducted a survey of this uncharted territory from 1899 to 1903, and set up a land court to facilitate all land registration work and to resolve disputed claims. By 1905, the Block Crown Leases with Schedule of Lessees and details of the lots, each with a copy of the lot index plan (Demarcation Plan) were executed. Based on the above, Crown rent rolls were prepared for record and rent collection purposes. All grants of land thereafter are known as New Grant lots. After completion and execution of the Block Crown Lease in 1905, N.T. villagers had to purchase village house lots by means of Restricted Village Auctions; and Building Licences were issued to convert private agricultural land for building purposes but gradually replaced by Land Exchanges (i.e. to surrender agricultural land for the re-grant of building land) from the early 1960's until introduction of the current Small House Policy in October 1972. It was not until the current New Territories Small House Policy came into effect in December 1972 that the Land Authority can make direct grant of government land or approve the conversion of self-owned agricultural land to allow indigenous villagers to build houses within the village environs under concessionary terms. Such houses are currently restricted to 700 square feet in area and three storeys with a maximum height of 27 feet. An indigenous villager is a male descendent of a villager who was the resident of a recognized village already existing in 1898. Each villager is only allowed one concessionary grant in his lifetime. Upon return of Hong Kong to the People's Republic of China on July 1st, 1997, the traditional rights of indigenous villagers are protected under Article 40 of the Basic Law (a mini-constitution of the Hong Kong Special Administrative Region). Also all N.T. leases have been extended for 50 years up to 2047. Owing to the escalating demand and spiral landed property prices in recent years, abuse of the N.T. Small House Policy has been reported in some areas and is a concern in some quarters. The Hong Kong Institute of Land Administration attempts to study the history that leads to the current rural housing policy in the New Territories with particular emphasis on the small house policy, hoping that some light can be shed on the "way forward" for such a controversial policy.

• Structural Engineering and Mechanics
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• 제29권3호
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• pp.327-349
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• 2008

Some unreasonable results from the use of a popular thick plate element are discovered from the analysis of a raft foundation and a pile cap in Hong Kong. To overcome the problems, the authors have developed a new shear deformable beam which can be extended to a general quadrilateral shear deformable plate. The behaviour of this new element under several interesting cases is investigated, and it is demonstrated that the new element possesses very high accuracy under different depth/span ratios, and the results from this new element are good even for a coarse mesh.

• 토지주택연구
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• 제2권4호
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• pp.529-538
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• 2011

본 논문은 최근 정책적 이슈로 대두되고 있는 한국토지주택공사(LH)의 부채문제 및 미래 역할과 관련하여 일본 도시재생기구(UR), 싱가포르 주택개발위원회(HDB), 홍콩 주택청(HA) 사례를 살펴봄으로써 시사점을 얻는 것을 목적으로 한다. 이를 위해 국가별 주택정책의 전개과정과 각 기관의 사업내용 및 재무적 상황을 구체적으로 파악하고 비교하였다. 그 결과 주택대량공급 정책의 재검토, 임대주택 수혜계층 범위 확대, 도시재생 활성화, 민간과 지자체와의 협력강화, 정책사업 수행을 위한 LH 자금조달과 사업 손실에 대한 정부지원 강화, 공공주택기관 부채에 대한 재인식 등이 필요하다는 결론을 도출할 수 있었다. 본 연구는 이론적 관점이 아니라 주택 및 도시문제 해결을 위해 우리나라와 유사한 정책집행체계를 운영하고 있는 아시아 국가의 공공주택기관 실태를 통해 정책개선 방향을 제안하였다는 점에서 의의를 가진다.

• 산경연구논집
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• 제7권3호
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• pp.27-36
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• 2016

Purpose - Considering the importance of housing needs to real estate market, domestic studies on real estate prices from the perspective of demand are basically based on macro-data, but relatively few are associated with micro-data of urban real estate demand. We try to find a reliable relation of elasticity of demand and commercial housing market. Research design, data, and methodology - In this paper, we have derived housing demand theoretic method and have utilized micro-data of residential family housing survey of downtown area in Kunming City in October, 2015 to estimate income elasticity and price elasticity of housing demand respectively and make a comparative analysis. Results - The results indicate that income elasticity and price elasticity of families with owner-occupied housing are both larger than those of families with rental housing. Income elasticity of housing demand of urban residential families in Kunming is far below the foreign average and eastern coastal cities level, however, the corresponding price elasticity is far higher. Conclusions - We suggest that housing affordability of urban families in western China are constrained by the level of economic development, and the current housing price level has exceeded the economic affordability and psychological expectation of ordinary residents. Furthermore, noticing the great rigidity of housing demand, the expansion space of housing market for improvement and for commodity is limited.

• 가정과삶의질연구
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• 제24권1호
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• pp.43-53
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• 2006

The purpose of this study was to explore the attitudes about the management service charge in multi-family housing. Recently, increasing needs of urban families in residential housing management services were apparent in many studies, but the way that they charge for the management services was not dear. Research method was social survey with questionnaire from 484 residents and 84 housing managers of multi-family housing in Seoul and new town area. Research results showed that residents recognized the management services should be free of charge or imposed actual expenses, but managers recognized the management services as charged services. To provide efficient housing management services for residents in multi-family housing, human resources should be inputted. Therefore, this study suggested that the participation of residents in housing management service is recommendable as a way of lessen the economic burden of management service charge, but also to have an opportunity to interest in their community activities.

• 주택과사람들
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• 통권198호
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• pp.42-47
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• 2006

세계 최대 국제부동산박람회인 미핌(MIPIM)을 주관하는 프랑스의 Reed MIDEM이 아시아 최초로 홍콩에서 부동산 박람회 MIPIM Asia를 개최했다. 일찌감치 아시아 부동산 시장의 잠재 가치를 알고 있는 23개국 부동산 업체가 100여 개 프로젝트를 들고 홍콩으로 몰려들었다. 화려하게 막을 올린 홍콩의‘MIPIM 박람회’에 소개된 개발 프로젝트와 알찬 세미나 내용을 꼼꼼히 살펴본다.

• 토지주택연구
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• 제4권1호
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• pp.23-31
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• 2013

The regional economic crises in the late 1990s and the global economic crisis in the late 2000s had reduced the differences in housing policies among the major Asian economies. This paper attempts to explain and compare housing welfare policy shifts between subsidizing home owning and subsidized renting from the perspectives of the economic and social roles of housing, the lock-in effect of policy processes, and the welfare provision strategy of the East Asian economies. It argues that the impact of economic crises on housing welfare policy in East Asia depended on the duration and the intensity of the crisis and the length and severity of the subsequent economic depression. Another important factor was the role of housing in the economic and social development, especially whether housing market development was considered as an engine of economic growth or revival, and whether the tools of housing policy caused the economic crisis. The loss of impetus for home ownership drive and the new emphasis on rental subsidy provision are new policy trends. Nonetheless, the economic revival since mid-2009 has caused the re-introduction of home ownership subsidies for quenching the housing affordability problems and enhancing home ownership making use of the strong economic conditions.