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I am an applied microeconomist in the Economics department at the University of Hong Kong, Faculty of Business and Economics. My research interests are in urban and real estate economics, housing economics and finance, and Chinese economy. I received a B.A/B.S. degree in International Area Studies, Mathematics and Economics from Washington University in St Louis, and a Ph.D. in Applied Economics from the Wharton School, University of Pennsylvania. Prior to HKU, I worked as a Post-Doctoral Research Scholar at the Furman Center for Real Estate and Urban Policy, New York University as well as an Adjunct Assistant Professor of Urban Planning at NYU’s Robert F. Wagner Graduate School of Public Service.
Hong Kong faces an acute urban decay problem. The number of privately-owned buildings aged 50 years or above is rising faster than those redeveloped in the past decade. There have been urban renewal financial constraints amid a property market downturn since 2021. The authorities are trying to turn the tide this year by improving their operations. Oswald Chan reports from Hong Kong.
