Even though the Hong Kong government has formulated many housing ownership plans over the years, housing ownership in Hong Kong has always been at a relatively low level, and there is a gradual downward trend. In recent years of research, the housing ...
Even though the Hong Kong government has formulated many housing ownership plans over the years, housing ownership in Hong Kong has always been at a relatively low level, and there is a gradual downward trend. In recent years of research, the housing issue of youth in Hong Kong has been repeatedly mentioned. According to the theory of family life cycle, young people in the transitional stage of the family will have more significant housing ownership issues when they are faced with the choice and transition of housing ownership. The problem of youth’s housing ownership actually reflects the problem of total society. Therefore, this study uses stata15.1 to analyze the data of the 18 district councils in HK and analyzes the social demographic, family and economic characteristics and educational characteristics. The study found that the main factor that affects the housing ownership rates in Hong Kong is the economic characteristics of family. Due to the PRH system, even if the income of some groups increases, it will not promote the housing ownership rate in Hong Kong. Government should strictly enforce the PRH entry and exit procedures to guarantee the housing needs of some non-housing low- and middle-income people. Develop small-unit subsidized housing according to the trend of family size, and specifically build subsidized housing or PRH for young families and youth, and hope that this will provide direction for future policies.