Introduction
Hong Kong being a highly populated economy acquires many economic factors and issues. In these factors, zoning is also an influential part of discussion in this context. Hong Kong’s government takes the residential and other lot zoning a highly serious and severs matter as the life of the entire population is affected by it. in the same way the population is the reason for the hurdles that created to lot zoning patterns, for instance if the population is increased then many economical factors get engaged as an issue for the life of the whole economy (Nissim).
These hurdles are most seen in the life of the urban civilization due to the rapid development in that area, so is the urban area of Hong Kong facing the same problem. This essay is based on the analysis of such factors and the applications of different theories to analyze them more appropriately and proficiently. All the areas of inquiry are added in these applications so that the clear picture of the Residential lot zoning in Hong Kong could be seen properly.
Hong Kong Urban Economy
In the context of zoning in Hong Kong, concentration goes towards assuaging of private property rights. This has resulted in directing even the focus of the most of the zoning acts towards the assuaging of private property rights. These zoning regulations not only illustrate the types of uses that could be made of the residential and other lots but also regulation of the land and structure characteristics including lot size, set back and building heights. Economic growth also has a great impact on the zoning regulation (Kurkchiyan).
Hong Kong’s economic growth was very slow for at least last 70 years, which is shown in the latest released 2011 census. This census also illu...
... middle of paper ...
...g. It has been seen that the population at Hong Kong are mostly with low investment power. The history of this economy also reveals that the people of Hong Kong prefer renting houses instead of opting for buying them (Kurkchiyan). This high renting rate allows GDP of the economy to grow higher. The transportation sector involves the MTR’s as a preferred private transport for the citizens since long time due to is in expensive rates that are to be paid for each travel. That allows the residential to travel easily and more residents are attracted towards this city. This city’s history also shows that all the economical factors that are discussed above are more seen in the urban areas rather than rural areas that area given less importance by the government, who plays the key role in the development of the city as evidenced in the history (Keys, Wentz and Redman.).
The article explains that gentrification of City of Toronto is “a socio-spatial process that is highly unsustainable and socially unjust.” The author explains that the condominium boom is the result of the municipal and provincial policies incorporated to waterfront Toronto, which transforms the existing urban fabric of the city. The article argues that City of Toronto needs to
The Foundation of a Modern Economy: Korean Land Reform and the Miracle on the Han
The rezoning of 125th street has been a topic of controversy and has yet to be approved. The Department of City Planning believes rezoning of 125th street will bring positive economic changes. I personally believe that these changes would negatively affect the residents and business owners of Harlem. According to the New York City’s Planning Commission, the rezoning will bring new business and housing. Residents and business owners disagree because they believe this plays a bigger role in promoting further “gentrification.” I believe that Harlem should be able to keep its cultural heritage while still promoting and modifying economic growth.
Inclusionary zoning (IZ) is an affordable housing development program, which encourages the production of affordable housing and controls the housing prices. IZ policies in San Francisco, Boston, and Washington D.C support new residential developments to keep a certain percentage of the housing units affordable and serve to low income residents. Density bonuses are allowed to the developer to build more units, and fast-track permitting allows developers to expedite the building process. Although those programs have aided numerous residents, there is the argument followed, IZ program would cause the prices of market-rate housing to rise ultimately reducing rather than increasing affordability. To find out the truth of the IZ program, the research team in Furman Center, New York University addresses these questions.
Eichengreen, B., Park, D., and Shin, K. (2011) ‘When Fast Growing Economies Slow Down: International Evidenceand Implications for China’. National Bureau of Economic Research Working Paper 16919. [Online] Available from: http://www.reod.zju.edu.cn/proimg/201142818212680.pdf [Accessed: 21st of October 2015]
Hong Kong Reading - "The Book of the Year" Through imperialism, British rule encouraged industrialization and modernization which led to visible growth in the economy as the city is described as a trade center and important in manufacturing and banking, which suggests that the industries and businesses prospered. Additionally, the fear of Chinese rule suggests that businesses operated better under British rule, which shows how imperialism improved the lives of the people of Hong Kong compared to the government before imperial rule. The way that citizens of Hong Kong left the colony before it was returned to China further highlights the different effects of British rule and Chinese rule on the people, suggesting that British rule was preferred by the citizens of Hong Kong which is why they left rather than live under Chinese rule. This implies that the colonized people considered Great Britain’s imperialist rule to be better than the government before which was Chinese. This demonstrates that imperialism improved the lives of the colonized people because it helped the economy grow and prosper.
Hong Kong has always remained a very unique city, one which is said to have ‘a Western past, an Eastern future’. Since its colonisation by the British in the 1860s, it has maintained to a very large extent its Chinese identity and its connection to its Motherland, while at the same time, has frequent contact with the Western world, politically, economically, and culturally. Hong Kong’s unique position has made the city a vibrant international metropolis that acts as a bridge between East and West. Yet after it was returned to China in 1997, this former British colony has been constantly reassessing its British past, struggling to find its new position and redefining its identity.
* Urban Professional^s recognition of the increased variability, robustness, and interest in both the urban area and their work. * Conservation Activist^s commendation of the lower consumption of resources, and reduced pressure on sensitive environment areas, suggestive of a reduction in urban sprawl. * The Development Industry^s equations of profit established through better and higher levels of land use. Essentially urban consolidation proposes an increase of either population or dwellings in an existing defined urban area (Roseth,1991). Furthermore, the suburban village seeks to establish this intensification within a more specific agenda, in which community is to be centred by public transport nodes, and housing choice is to be widened with increased diversity of housing type (Jackson,1998).
By analyzing the waves of gentrification it can be seen that developers have had federal and state support to help the renew and modify neighborhoods. Emphasizing the question of whether or not gentrification is a natural process. Political and historical evidence comes to show that there is nothing natural about gentrification. It is through power in which these event unfold, and without it is vulnerable and unable to
When urban planners sit at a table, and they are deciding what actions to take, they look at location as a primary source for putting cities together, with the development of houses, industries, and places for market goods to be sold while always trying to increase the supply and demand. In order to get from one place to the next, transportation methods were created to combat city growth and create valuable mechanisms of transporting goods and services within a market. Individuals determined to make things work within a given city constantly recreate, and challenge the laws of nature to make it fit their vision, because entrepuners want to bring character to cities by making them viable places to reside, consequences such as poverty , death, and poorly developed cities arose. Urban planning for city development is a constant battle between losers in winners in the struggle to manage population growth and the need for its current and future sustainability.
By 1971, the Cultural Revolution in China had ended in failure and conditions in Hong Kong calmed,” Gloria Lannom states, yet it took a while for Hong Kong to rebuild its economic standings because of this fact.
In 1950, only 13% of China’s population lived in cities (Seto, n.d.). Post 30 years, one hundred-million people moved to large cities from rural areas in China. This migration was considered the largest migration in human history. To compare this migration to western cities, the example of Shenzhen is used. For a Western city to have a population of three million to increase to ten million, it takes about a hundred years. 30-year old city, Shenzhen on the other hand made this population increase in just a decade (qtd. Caughey and Dawn). Today, over 53.7% of its population lives in cities; by 2020 it is projected that a whole 60% of the population will live in cities (Xinhuanet, 2014).
When thinking about the good city naturally every person imagines a physical condition to be improved but the physical environment is not the only force that shapes the city. For example, city and urban society cannot be detached (Lefebvre, 1970/2003). Hence the urban society is, combined with the city, an important force in urban development.
Another aspect that holds influence over the real estate mark is government involvement, which can restrict or help the markets behavior; and public requirements such as nuisance standards, environmental concerns and land-use controls; all of which can influence how property is used valued and distributed. It is important to realize that each individual market also has aspects that influence and drive that market as well. The housing market, is mostly influenced by supply and demand, however the commercial and industrial market is heavily influenced by forces in community economics, comparative advantage and community attitudes (McKenzie & Betts,
...bly support the inhabitants without degrading environment, economy and social in the present and the following generations. Beside, carry capacity contains the ability for the area to provide our basic needs such as clothing, food, medical care in order to offer a decent and reasonable life quality. Therefore, government should cooperate with the developers to renew some used land in order to supply more public housings, which can let more needy to live in the area to meet the overpopulation problems without harming the precious environment. Taking Tak Long Estate as an example, its area is about 300 hectares with the capacity of 90000, which can settle more than 10% of total population in Hong Kong. It illustrates that the government may use reasonable size with well planning to develop large capacity to meet housing problems without cutting green belts area.