Nicholas & Carolyn: (1) Do a background research on the objective of Hong

Kong Housing Authority. (2) Craft at least 10 questions for each

organization. Questions must be related to Economics, preferably the topic
we have covered or will be covering in year 2. Please indicate the related
topic/concept besides each question.



Objectives of the Hong Kong Housing Authority

The Hong Kong Housing Authority (HA) is a statutory body established in
April 1973 under the Housing Ordinance.

The Housing Authority fulfills the following functions:

to plan and build public housing estates for classes of people determined
by the Authority;
to manage public housing estates throughout Hong Kong;
to clear land for development, subject to any direction from the chief
executive (earlier, the Governor);
to prevent and control squatting;
to advise the government chief executive on all housing matters.

The HA develops and implements a public housing programme which seeks
to achieve the Government's policy objective of meeting the housing needs
of people who cannot afford private rental housing. Approximately 30% of
the Hong Kong population is now living in public rental housing units.



Questions

1. In what ways have the policies implemented by the Housing
Authority reduced income inequity? (Market Failure)
2.