The effects of public housing on internal mobility in Hong Kong
Document Type
Journal article
Source Publication
Journal of Housing Economics
Publication Date
3-1-2011
Volume
20
Issue
1
First Page
15
Last Page
29
Publisher
Academic Press
Keywords
Public housing, mobility, allocative inefficiencies
Abstract
The rationing of public housing reduces the efficiency of the match between public housing units and their occupants, as competing users cannot effectively convey their preferences through a price mechanism. This study investigates the costs of public housing from the perspective of the misallocation of housing units to households and examines how this misallocation affects their lives. We show that public housing occupants are less mobile than private housing occupants, but conditional on moving, they are more likely to relocate farther away from their original place of residence. They are also less likely to work in the same place as they live.
DOI
10.1016/j.jhe.2010.11.001
Print ISSN
10511377
E-ISSN
10960791
Publisher Statement
Copyright © 2010 Elsevier Inc
Access to external full text or publisher's version may require subscription.
Full-text Version
Publisher’s Version
Language
English
Recommended Citation
Lui, H. K., & Suen, W. (2011). The effects of public housing on internal mobility in Hong Kong. Journal of Housing Economics, 20(1), 15-29. doi: 10.1016/j.jhe.2010.11.001