Housing as a mover of the domestic economy

Research output: Book Chapters | Papers in Conference ProceedingsBook ChapterResearchpeer-review


This chapter explains the important role of housing in the economy. Housing is not only important as collateral for loans for small and medium enterprises, but is also a magnet to keep spending on the domestic economy. It takes the role of a transmission mechanism so that earnings from exports are kept in the domestic economy.
Original languageEnglish
Title of host publicationThe July 1 protest rally: Interpreting a historic event
EditorsJoseph Y. S. CHENG
Place of PublicationHong Kong
PublisherCity University of Hong Kong Press
Number of pages29
ISBN (Print)9629371138
Publication statusPublished - 2005


  • Housing
  • Hong Kong

Cite this