Housing lessons from Hong Kong, South Korea, Singapore

Published: Oct. 17, 2017, 9:11 a.m.

b'Asia and the Pacific are home to 4.3 billion people, and half the world\\u2019s urban population, with 120,000 people moving to cities every day, creating daily demand for 20,000 affordable homes.\\n\\nSome cities, where housing is scarce and costly because they don\\u2019t have enough land or they\\u2019re where the jobs are concentrated, find it hard to provide enough public housing for a continuously rising urban population.\\n\\nHong Kong, China; the Republic of Korea; and Singapore have wrestled with this problem for decades.\\n\\nRead the transcript\\nhttp://bit.ly/2goPbKh\\n\\nRead the original blog post\\nhttps://www.asiapathways-adbi.org/2017/08/housing-policy-in-the-republic-of-korea/\\n\\nAbout the authors\\nKyung-Hwan Kim is vice minister for land, infrastructure and transport, Republic of Korea\\nMiseon Park is an associate research fellow, Korea Research Institute for Human Settlements.\\n\\nAdditional information is from the following\\nFrom Slums to Sustainable Communities (https://www.habitat.org/sites/default/files/issue-paper.pdf)\\n\\nTackling Affordability in Asia (https://urbanland.uli.org/economy-markets-trends/tackling-affordability-asia/)\\n\\nWaiting time to get into Hong Kong public housing shoots up a full year over past 12 months (http://www.scmp.com/news/hong-kong/education-community/article/2070493/waiting-time-get-hong-kong-public-housing-shoots). \\n\\nKnow more about ADBI\\u2019s research on housing in 2017\\nhttp://bit.ly/2x1WOJJ\\n\\nKnow more about ADBI\\u2019s research on housing in 2016\\nhttp://bit.ly/2hYPM24\\n\\nRead The Housing Challenge in Emerging Asia: Options and Solutions\\nBy Naoyuki Yoshino and Matthias Helble\\nhttps://www.adb.org/publications/housing-challenge-emerging-asia-options-and-solutions'