- Elgar original reference
Edited by Misa Izuhara
Chapter 18: Housing policy in East Asia
Early housing interventions in East Asian countries largely focused on the rapid delivery of high volume, typically high-rise, apartments for working households (see Agus, Doling and Lee, 2002). This drove urbanization and industrialization, sustaining the rapid pace of modernization and economic growth. Direct state initiatives also facilitated the clearance of slum housing and increasing land values, supporting the growth of Asian cities as economic nodes. Large-scale interventions aligned with the objectives of development orientated East Asian governments and their capacity to appropriate land and coordinate resources between public agencies and private corporations in the supply of housing. The creation of public companies like the Hong Kong Housing Authority, the Japan Housing Corporation, the Korean National Housing Corporation and the Singapore Housing Development Board facilitated the mass construction of homes at an unparalleled speed and scale. Nonetheless, housing policies and public housing agencies have not only been fundamental to economic development, but also fitted with social development and welfare provision strategies (Forrest and Lee, 2004; Groves, Murie and Watson, 2007;Lee, 2008; Ronald, 2008).
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