Comparing the Gentrification Rates between Metro Served and Non-metro Served Major Housing Estates: A Case Study of Hong Kong

Ka Man Leung and Lennon Hung Tat Choy

ERES from European Real Estate Society (ERES)

Abstract: This study examines if metro served major housing estates in Hong Kong gentrify faster than non-metro served ones. If so, in what distance does this effect last? Data of the latest population censuses conducted in 2016 and 2021 are employed in the analyses. Controlling the changes in population characteristics, the results show that major housing estates with metro served within 250m gentrified faster than non-metro served ones (in terms of all three gentrification indicators). The effects lessened when larger sized buffers are employed. Meanwhile, the effects of new stations are also revealed through the analyses. These results provide a fuller picture of how gentrification happens in rental housing with different metro accessibility, which are important references for academic research and policy implementations.

Keywords: Difference-in-differences approach; Gentrification; Major housing estates; Metro accessibility (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2024-01-01
New Economics Papers: this item is included in nep-tre and nep-ure
References: Add references at CitEc
Citations:

Downloads: (external link)
https://eres.architexturez.net/doc/oai-eres-id-eres2024-192 (text/html)
https://architexturez.net/system/files/P_20240214115134_0214.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2024-192

Access Statistics for this paper

More papers in ERES from European Real Estate Society (ERES) Contact information at EDIRC.
Bibliographic data for series maintained by Architexturez Imprints ().