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DC FieldValueLanguage
dc.contributorMulti-disciplinary Studiesen_US
dc.contributorDepartment of Business Studiesen_US
dc.creatorHung, Bo-lin Judy-
dc.identifier.urihttps://theses.lib.polyu.edu.hk/handle/200/2803-
dc.languageEnglishen_US
dc.publisherHong Kong Polytechnic University-
dc.rightsAll rights reserveden_US
dc.titleA study on the evolution of urban housing market in China : a case study of Guangzhouen_US
dcterms.abstractChina started its Housing Reform in 1978 as another steps towards its economic growth. Since then an increasing numbers of investors have been attracted to property development in China. Although there are many researches on the topic of urban housing development in China, most of them have focused only on the significance of policy changes. This study, therefore, attempts to complement previous studies by providing an update picture on urban housing demand, supply and structural framework. This study is written for those readers unfamiliar with the development of urban housing market and its related reform policies in China. Throughout the study Guangzhou would be taken as an example. The reasons for this is because Guangzhou have tremendously developed in its property market and is often considered to be one steps ahead of China in economic reform and development because of its proximity to Hong Kong. The research aims to identify the successes, failures and difficulties in each phase of urban housing reform in relations to the changes from the supply, demand and distribution of urban housing in China from 1979 to 1998. Furthermore, the research will evaluate whether the objective of establishing a commercial residential housing market is sustainable in China. The research ends with an overview on the success and difficulties of commercial residential housing market in Guangzhou. Overall speaking, given the legislative framework in property development, the urban housing market in Guangzhou is still non-sustainable to a great extend. It was because majorities of workers are employed by state-owned enterprises in which they are given low wage level and in return they enjoy low rental payment. Even with the intention to replace in-kind benefits with monetary subsidy, however, the shortcoming of financial tools in China has hindered the development of a highly commercialized property similar to Hong Kong.en_US
dcterms.extentxi, 100, [53] leaves : ill. ; 30 cmen_US
dcterms.isPartOfPolyU Electronic Thesesen_US
dcterms.issued1999en_US
dcterms.educationalLevelAll Masteren_US
dcterms.educationalLevelM.Sc.en_US
dcterms.LCSHHousing -- China -- Guangzhouen_US
dcterms.LCSHHousing policy -- China -- Guangzhouen_US
dcterms.LCSHHong Kong Polytechnic University -- Dissertationsen_US
dcterms.accessRightsrestricted accessen_US

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Please use this identifier to cite or link to this item: https://theses.lib.polyu.edu.hk/handle/200/2803