Nexus between visitor arrivals and residential property rents in Hong Kong

Terence Tai Leung Chong and Alex Wing‐Ho Yiu

Pacific Economic Review, 2019, vol. 24, issue 3, 464-478

Abstract: The 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.

Date: 2019
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https://doi.org/10.1111/1468-0106.12241

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Working Paper: The Nexus between Visitor Arrivals and Residential Property Rents in Hong Kong (2017)
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