Subject category:
Economics, Politics and Business Environment
Published by:
Asia Case Research Centre, The University of Hong Kong
Length: 5 pages
Data source: Field research
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Abstract
This case analyses the sale of properties in Hong Kong and the existence of speculators or 'scalpers' in the housing market. A few developers dominate the property market in Hong Kong, and they decide when and what units are put up on sale. Developers often sell some of their units privately, and put the rest up for sale to the public. However, the best units are often already sold out, and this gives rise to scalpers, who seek to resell these units at a hefty margin. This case analyses the tools at the governments disposal in order to curb speculation in the property market.
Location:
Other setting(s):
2005
Subject category:
Economics, Politics and Business Environment
Published by:
Asia Case Research Centre, The University of Hong Kong
Length: 7 pages
Data source: Field research
About
Abstract
This case analyses the sale of properties in Hong Kong and the existence of speculators or 'scalpers' in the housing market. A few developers dominate the property market in Hong Kong, and they decide when and what units are put up on sale. Developers often sell some of their units privately, and put the rest up for sale to the public. However, the best units are often already sold out, and this gives rise to scalpers, who seek to resell these units at a hefty margin. This case analyses the tools at the governments disposal in order to curb speculation in the property market.
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Location:
Other setting(s):
2005
Related
Subject category:
Economics, Politics and Business Environment
Published by:
Asia Case Research Centre, The University of Hong Kong
Length: 7 pages
Data source: Field research