Transferability of subsidized housing policy from a liberal interventionist to a marketized socialist system: the cases of Hong Kong and Shenzhen

Department: Urban Planning and Design
Research Centre: Centre of Urban Studies and Urban Planning
Active Dates: 1 January 2016 – 31 December 2017

Principal Investigator: Rebecca L.H. CHIU
Source of Funding: General Research Fund, Hong Kong Research Grant Council

The Asian financial crises of 1997 and the global financial crisis of 2008 led to significant revisions of Asia’s subsidized housing policy to combat diminishing affordability due to either the post-crisis economic depression or overheated housing markets resultant from the movement of global funds to the Asian markets since 2009. Drawing lessons from other housing systems has been a necessary step in the policy revision process.

This study aims to analyse and evaluate the transferability of subsidized housing policies in the liberal interventionist system of Hong Kong to the marketized socialist system of Shenzhen to facilitate the development of a theoretical discourse of policy transferability in comparative housing studies.

Objective

  1. To establish the extent of subsidized policy transfer from Hong Kong to Shenzhen since 2011 by investigating the convergence and divergence in policy trends.
  2. To explain the extent of policy transfer by investigating the compatibility of the subsidized housing policy contexts between Hong Kong and Shenzhen.
  3. To further explain the extent of policy transfer by assessing Shenzhen’s capability and desire to replicate the policy environment of Hong Kong’s subsidized housing policies.
  4. To identify critical concerns in the transferability consideration process that have affected the policy choice and the subsequent performance of the transferred policy.
  5. To pioneer conceptual constructs for explaining and evaluating housing policy transferability across a liberal interventionist and a marketized socialist housing system under the ‘one country, two system’ context.

 

 

Transferability of subsidized housing policy from a liberal interventionist to a marketized socialist system:  the cases of Hong Kong and Shenzhen 1
UNIVERSITY OF HONG KONG
FACULTY OF ARCHITECTURE