Housing demand and rental effect of student visa holders : evidence from mainland students in Hong Kong

Research output: Conference Papers (RGC: 31A, 31B, 32, 33)33_Other conference paper

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Original languageEnglish
Publication statusPresented - 19 Jun 2015


Title2015 IACP Conference
CityChong qing
Period19 - 21 June 2015


Many mainland students have immigrated to Hong Kong in recent years. This paper examines the housing demand of mainland students in Hong Kong and the effect of the housing market on those students. It shows that students’ housing demands are relatively inelastic. As a group, these students exhibit strong clustered living patterns. I examine the relative changes in rental transactions and prices in the students’ cluster areas and comparison districts between 1999-2009 and 2010-2013. Summer housing transactions and prices increase significantly more in cluster areas than in the comparison districts. Furthermore, the annual housing prices in cluster areas have increased by 5% more than the annual prices in the comparison districts in recent years. Student visa holders may bias the overall housing market in Hong Kong. Since 2010, the average monthly transactions in summer increased by 0.84% over their September levels in Hong Kong. However, rental prices declined by 2.6% compared with levels previous 2010.