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The changing shape of the East Asian housing model
Posted on: 18 October 2013
By: mackene
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Filed under: News
This paper has two main objectives. The first is to elaborate the East Asian context and modes of housing, exploring evidence of the existence of a particular model characteristic of the region, and distinct from models characteristic of western advanced economies. The second objective is to identify developments that have begun to challenge East Asian housing systems. While home ownership is still by far the largest single housing tenure and an aspiration that remains undiminished, the severity of economic cycles, demographic trends and ‘new social risks’ have begun to test both the viability and sustainability of established housing and policy frameworks. This article thus provides not only a context for understanding housing approaches in the region but also the importance of this domain for considering socioeconomic and political changes in East Asia more generally.
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