—The objective of this study is to study the
determinants of Hong Kong’s housing prices. Empirical results
from this study suggest that Hong Kong’s housing prices are (1)
positively related to per-capita GDP; (2) positively related to
Hong Kong’s export; (3) negatively related to departure of
Hong Kong’s residents; (4) negatively related the total inward
and outward movements of goods vehicles; (5) positively related
to commercial property prices; and (6) negatively related to
—Consumption, GDP, Hong Kong, housing
Arnold C. S. Cheng is with the Hong Kong Polytechnic University,
Hong Kong (e-mail: email@example.com).
Cite: Arnold C. S. Cheng and Michael K. Fung, "Determinants of Hong Kong’s Housing Prices," Journal of Economics, Business and Management vol. 3, no. 3, pp. 352-355, 2015.