Research on the Development of Macau’s Public Housing Policies

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 form ing a set of public housing policy system s with “public housing as the mainstay and economic housing as the supplement”. This pa per 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 poli cies addresses, in addition , to summarize the development policies of Macau public housing in different periods. Public housing in Macau has always re ceived great attention from local people and leaders, and the government has active ly intervened to form a unique public housing system. However, after re search, we found that the previous research on Macau’s public housing polic ies had certain loopholes in the construction, application, and loan of public housing in Macau, sometimes it d id 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 poli cies 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.