[Alumni Homecoming Weekend] Star Professor Luncheon Talk: Why is Hong Kong Housing So Expensive?
As part of our 2024 Alumni Homecoming Series, we’ve prepared a 𝙧𝙞𝙘𝙝 𝙖𝙣𝙙 𝙚𝙣𝙜𝙖𝙜𝙞𝙣𝙜 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 for you on the first day! Don’t miss out on this opportunity to reconnect and learn something new!
Topic: Why is Hong Kong housing so expensive?
Speaker: Prof. Michael B. Wong
Date: Friday, March 15, 2024
Time: 11:00 am – 1:30 pm
Venue: 14/F, KK Leung Building, HKU
Fee: HK$300
Brief introduction: Hong Kong has been ranked the least affordable housing market in the world for more than a decade. Since the early 2010s, landlords and developers have rushed to meet an enormous demand for tiny units by creating coffin homes and subdivided units. What is the reason that so many poor households in Hong Kong have no choice but to reside in cramped and unsafe spaces? Why is Hong Kong’s housing market unlike any other in the world? What can be done to fix the situation? This talk will correct common misconceptions about Hong Kong’s housing market. The economics of the subdivided housing crisis will be explained. Some achievable and inexpensive reforms will be proposed to quickly alleviate the crisis.
𝗦𝗽𝗼𝘁𝘀 𝗮𝗿𝗲 𝗹𝗶𝗺𝗶𝘁𝗲𝗱! Don’t miss out on this 𝗲𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 to dive into Hong Kong’s housing market mysteries with our star Prof. Michael B. Wong. Hurry up and register now!