02466 a2200421 4500 103200441X 20250317100403.0 250312042021GB 38 eng 9781032004419 Taylor & Francis GBP 37.99 BB 01 eng JBSD thema RGC thema JHB thema JPA thema KCP thema GTM thema 1FPC bisac JFSG bic RGC bic JHB bic JPA bic KCP bic GTB bic 1FPC bisac POL023000 bisac POL002000 bisac SOC026000 bisac SOC053000 bisac 333.338095125 bisac Chung-kin Tsang Homeownership in Hong Kong House Buying as Hope Mechanism 1 Oxford Routledge 20210525 138 p This book studies the cultural framework of the connections between homeownership and social stability in Hong Kong. In the post-war period, homeownership became the most preferable housing choice in developed societies, such as Australia, Britain, Japan, Spain, and the United States. In the financialization era, its proliferation aggregated enormous wealth and debt in the housing and mortgage markets, affecting social stability by creating inequality and housing unaffordability. Hong Kong is the most extreme example of this among developed societies – in recent years, the city has made international headlines both for its housing problem and its social instability. By studying the history of homeownership in Hong Kong over a period of four decades, Chung-kin Tsang proposes that homeownership is inseparable from the social imagination of the future, conceptualizing this framework as "hope mechanism". This perspective helps trace the connections between ‘House Buying’ as a hope mechanism – one which is central to subject formation, life goals, and temporal mapping for socially shared life planning – and social stability. Given its unique approach, specifically its use of "hope" as an analytical category, this book will prove to be a useful resource for scholars in economic culture and financialization, and Asian Studies, especially those working on the cultural, sociopolitical, and economic history of Hong Kong. 1408 1408