02466    a2200421   4500001001100000005001700011008004100028020001800069037003600087040000700123041000800130072001600138072001500154072001500169072001500184072001500199072001500214072001600229072001400245072001300259072001300272072001300285072001300298072001300311072001600324072002100340072002100361072002100382072002100403072002500424100002000449245006300469250000600532260003200538300001000570520144900580999001502029103200441X20250317100403.0250312042021GB        38           eng    a9781032004419  bTaylor & FranciscGBP 37.99fBB  a01  aeng7 aJBSD2thema7 aRGC2thema7 aJHB2thema7 aJPA2thema7 aKCP2thema7 aGTM2thema7 a1FPC2bisac7 aJFSG2bic7 aRGC2bic7 aJHB2bic7 aJPA2bic7 aKCP2bic7 aGTB2bic7 a1FPC2bisac7 aPOL0230002bisac7 aPOL0020002bisac7 aSOC0260002bisac7 aSOC0530002bisac7 a333.3380951252bisac1 aChung-kin Tsang10aHomeownership in Hong KongbHouse Buying as Hope Mechanism  a1  aOxfordbRoutledgec20210525  a138 p  bThis 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.  c1408d1408