TITLE:
Research on the Development of Macau’s Public Housing Policies
AUTHORS:
Yichen Feng, Yiyang Li
KEYWORDS:
Macau, Public Housing, Policies
JOURNAL NAME:
Current Urban Studies,
Vol.9 No.4,
December
16,
2021
ABSTRACT: With the acceleration of urbanization, major cities are facing two
problems, housing shortage and high housing prices. In particular,
it is difficult for low-income groups to obtain affordable housing,
which has become an obstacle to urban
development. The concept of public housing has appeared in Macau since the 1920s, gradually forming a set of public housing policy systems with “public housing as the mainstay and economic
housing as the supplement”. This paper combs
the development history and current situation of Macau’s public housing policies.
The main purpose of this article is to explore how to meet the basic housing needs of low-income groups in a
modern city with high density and high housing prices through the study
of public housing policies in Macau. In
particular, areas with high population density and high housing prices like Macau have more typical effects. The method
of the article is to collect the Macau public housing policies in the
official website, consultation documents, and policies addresses, in addition, to summarize the development policies of Macau public housing in different periods. Public housing in Macau has always
received great attention from local people and leaders, and the
government has actively intervened to form a
unique public housing system. However, after research, we found that the previous research on Macau’s public
housing policies had certain loopholes in the construction, application, and loan of public housing in Macau, sometimes it did not reflect the actual value of public housing. In addition, the development of public housing in Macau is
closely related to the economic situation and
public health incidents. For example, in the SARS and financial crisis, there has
been retrogression. The public housing policies are relatively weak compared to other rigid policies.
The novelty of the article is that it divides the complicated
Macau public housing policies into 5 stages, so as to better grasp the
development process of Macau public housing.