scholarly journals Looking for big ‘fry’: The motives and methods of middle-class international property investors

Urban Studies ◽  
2017 ◽  
Vol 55 (9) ◽  
pp. 2040-2056 ◽  
Author(s):  
Hang Kei Ho ◽  
Rowland Atkinson
Keyword(s):  
Hong Kong ◽  
Middle Class ◽  
Market Power ◽  
Foreign Investment ◽  
Price Inflation ◽  
High Performing ◽  
Cultural Roots ◽  
Social Positioning ◽  
International Investors

Anxieties about the effects of international property investment in world cities like London have mainly focused on super-rich investors and corporate vehicles that have generated price inflation of assets and accelerated exclusion from an already expensive market. In fact, many international investors in the city’s housing market are middle-class individuals, and focusing on Hong Kong as an emblematic example of such processes, we examine their motives and the products offered to them by important investment intermediaries. We find that an important rationale for these investments lies in local class-based uncertainties and existential anxieties concerning the future of Hong Kong itself. We focus on the cultural roots of these investor rationalities but also consider the role of investment intermediaries who have helped bolster confidence while shielding investors from the consequences of their aggregated market power – concerns in London over household displacement from foreign investment. We suggest that what may seem to be the predatory search to ‘fry’ property (炒樓), a Hongkonger colloquialism referring to the search for high performing investments, should also be understood as actions anchored in and generated by the habitus of the Hong Kong middle class whose lives have been moulded by historical geopolitical uncertainty and worries about its longer-term social positioning and security.

Pathways to homeownership among young professionals in urban China: The role of family resources

Urban Studies ◽  
2017 ◽  
Vol 55 (11) ◽  
pp. 2391-2407 ◽  
Author(s):  
Tsz-ming Or
Keyword(s):  
Middle Class ◽  
Qualitative Interviews ◽  
House Price ◽  
Urban China ◽  
Family Resources ◽  
Price Inflation ◽  
Young Professionals ◽  
Child Policy ◽  
State And Market

Studies on China’s new housing regime primarily focus on state and market as major provision mechanisms and the role of family assistance is largely ignored. This paper explores how family resources help Chinese young professionals in their pathways to homeownership by drawing on qualitative interviews done in Beijing. It was found that young professionals who managed to secure parental help usually came from middle-class families, with parents who were public-sector professionals and managers benefiting from the state’s generous housing reforms in the 1990s. As a result of these intergenerational transfers, housing advantages of these middle-class parents were reproduced among their younger generation, making it easier for them to become homeowners. They might also exacerbate the pre-existing housing inequality. These transfers were made possible in the unique family context with frequent reciprocal exchanges of help and care, which was strengthened by the country’s one-child policy. The new housing regime, characterised by the neoliberal shift of the state’s role and the house price inflation, also enhanced the necessity of relying on family resources.

scholarly journals Millerism - an historical enigma?

1975 ◽  
Vol 7 ◽  
pp. 123-133
Author(s):  
Ingemar Lindén
Keyword(s):  
Middle Class ◽  
New England ◽  
Religious Activity ◽  
Cultural Roots ◽  
Wide Range ◽  
Radical Reformation ◽  
The World ◽  
Set Up ◽  
Intellectual Training

It is a wellknown fact in history that strong bias in the writers and a wishful thinking radically prevent the analysis of any event or religious activity. For this reason Catholic ecclesiastical writers of the old school distorted the role of Martin Luther and his movement; likewise the Radical Reformation fared badly in old handbooks, whether they were composed by Catholics or Lutherans. Again the same principle applies to many of the modern "sects" in America and in Europe. Millerism is an excellent case for illustrating this unfelicitious type of writing. The layman-evangelist William Miller (1782-1849) claimed that the world would never be converted; only the second coming of Christ could usher in the millennium. In order to obtain a better understanding of Millerism, the movement should be divided into three main periods, which differed in character. At first, Miller's own development needs to be ascertained. Though he lacked any thorough intellectual training and remained an autodidact, he nevertheless belonged to the wide range of middle class Yankees. To be sure, Miller lived not too far from the famous frontier in his youth, but despite preconceived ideas in some writers, Miller had his cultural roots in the built-up areas of a New England society. The second important stratum in his personality was the warm Baptist revivalism, which prevailed in his home. Deism and revivalism thus contended for the supremacy of his soul; admitting the later dominance of evangelical revivalism, reason and order continued to hold a place in his mental set-up.

Peranan Negara dalam Liberalisasi Ekonomi Vietnam: Analisis Terhadap Dasar Doi Moi 1986

2020 ◽  
Author(s):  
Muhamad Helmy Sabtu ◽  
◽  
Khairul Azman Mohamad Suhaimy ◽  
Nurul Aimi Razali
Keyword(s):  
Gender Equality ◽  
Foreign Investment ◽  
Economic Performance ◽  
Level Of Education ◽  
Positive Effects ◽  
Doi Moi ◽  
The People ◽  
Effective Policy ◽  
Economic Landscape

This article analyses the role of state in the policy of economic liberalisation in Vietnam. Doi Moi, which was launched in 1986, is a very influential and effective policy in changing the socio-economic landscape of the people in the country. The results of this study prove that there are positive effects on the increase of foreign investment inflows, the eradication of starvation and unruly poverty, the increase of level of education, the improvement of gender equality and women's rights as well as the sustainability of the environment after Doi Moi is implemented. Through Doi Moi, Vietnam is moving towards a developing country status with good economic performance both at the Southeast Asian and global.

The Effect of Bank Market Power on Economic Growth in Africa: The Role of Institution

2018 ◽  
Author(s):  
Anthony Idun ◽  
Anthony Q. Aboagye ◽  
Godfred Alufar Bokpin
Keyword(s):  
Economic Growth ◽  
Market Power

Introduction

2018 ◽  
Author(s):  
Francis L. F Lee ◽  
Joseph M Chan
Keyword(s):  
Hong Kong ◽  
Social Movement ◽  
Media System ◽  
System P ◽  
Connective Action ◽  
Integrated Media ◽  
Media And Communication ◽  
The Ideal

Chapter 1 introduces the background of the Umbrella Movement, a protest movement that took hold in Hong Kong in 2014, and outlines the theoretical principles underlying the analysis of the role of media and communication in the occupation campaign. It explicates how the Umbrella Movement is similar to but also different from the ideal-typical networked social movement and crowd-enabled connective action. It explains why the Umbrella Movement should be seen as a case in which the logic of connective action intervenes into a planned collective action. It also introduces the notion of conditioned contingencies and the conceptualization of an integrated media system.

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