The Nexus between Visitor Arrivals and Residential Property Rents in Hong Kong

Cost of living in Hong Kong is among the highest in the world. This paper investigates the effect of tourist arrivals on the residential property market in Hong Kong. It is demonstrated that the soaring number of tourists from mainland China is pushing up property rents in Hong Kong. The substantial accommodation need generated by the increasing number of students from China is another contributing factor.

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Year of publication:	2017-07-01
Authors:	Chong, Terence Tai Leung ; Yiu, Alex Wing-Ho

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Chong, Terence Tai Leung and Yiu, Alex Wing-Ho (2017): The Nexus between Visitor Arrivals and Residential Property Rents in Hong Kong. Forthcoming in: Pacific Economic Review
Classification:	R2 - Household Analysis ; R21 - Housing Demand ; R23 - Regional Migration; Regional Labor Markets; Population
Source:	BASE

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