Homeownership in Hong Kong - House Buying as Hope Mechanism (Paperback)

This book studies the cultural framework of the connections between homeownership and social stability in Hong Kong. In the post-war period, homeownership became the most preferable housing choice in developed societies, such as Australia, Britain, Japan, Spain, and the United States. In the financialization era, its proliferation aggregated enormous wealth and debt in the housing and mortgage markets, affecting social stability by creating inequality and housing unaffordability. Hong Kong is the most extreme example of this among developed societies - in recent years, the city has made international headlines both for its housing problem and its social instability. By studying the history of homeownership in Hong Kong over a period of four decades, Chung-kin Tsang proposes that homeownership is inseparable from the social imagination of the future, conceptualizing this framework as "hope mechanism". This perspective helps trace the connections between 'House Buying' as a hope mechanism - one which is central to subject formation, life goals, and temporal mapping for socially shared life planning - and social stability. Given its unique approach, specifically its use of "hope" as an analytical category, this book will prove to be a useful resource for scholars in economic culture and financialization, and Asian Studies, especially those working on the cultural, sociopolitical, and economic history of Hong Kong.

General

Imprint:	Taylor & Francis
Country of origin:	United Kingdom
Series:	Routledge Contemporary China Series
Release date:	May 2021
First published:	2021
Authors:	Chung-Kin Tsang
Dimensions:	234 x 156 x 14mm (L x W x T)
Format:	Paperback
Pages:	138
ISBN-13:	978-1-03-200441-9
Categories:	Books > Social sciences > Politics & government > Political science & theory Books > Business & Economics > Economics > Political economy Books > Social sciences > Sociology, social studies > Social institutions > General Books > Social sciences > Sociology, social studies > Social groups & communities > Urban communities Books > Earth & environment > Geography > Human geography > General
LSN:	1-03-200441-X
Barcode:	9781032004419

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