Housing demand and rental effect of student visa holders : evidence from mainland students in Hong Kong
Research output: Conference Papers › RGC 33 - Other conference paper
Author(s)
Related Research Unit(s)
Detail(s)
| Original language | English |
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| Publication status | Presented - 19 Jun 2015 |
Conference
| Title | 2015 IACP Conference |
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| Place | China |
| City | Chong qing |
| Period | 19 - 21 June 2015 |
Link(s)
| Permanent Link | https://scholars.cityu.edu.hk/en/publications/publication(0fe8aa48-b10e-4607-afb5-d6bad97f8c8f).html |
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Abstract
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.
Citation Format(s)
Housing demand and rental effect of student visa holders: evidence from mainland students in Hong Kong. / CHANG, Zheng.
2015. 2015 IACP Conference, Chong qing, China.
2015. 2015 IACP Conference, Chong qing, China.
Research output: Conference Papers › RGC 33 - Other conference paper
