Research on the Impact of Hong Kong Property Stamp Duty Adjustments on the Real Estate Market in the Post-COVID Era
- DOI
- 10.2991/978-94-6463-874-5_129How to use a DOI?
- Keywords
- Real Estate; Stamp Duty; Post-COVID Era
- Abstract
After COVID-19, the Hong Kong real estate market faces numerous challenges and opportunities. This study examines the impact of the adjustments of Hong Kong’s property stamp duty on the real estate market, focusing on the effects of policy changes on housebuyer costs, market transaction volume, and property price. The study found that the stamp duty adjustments significantly reduce the cost of purchasing property, stimulate market transaction volume in the short term, and have a certain impact on the real estate market price. However, in the long run, the policy effects are gradually diminished, and the stability of property prices still depends on economic fundamentals and supply-demand dynamics. Additionally, the limitations on policy implementation may also lead to issues, such as competition from external capital and the allocation of public housing resources. This study provides the theoretical basis for government to optimize policy and enriches the related research in the field of real estate economics.
- Copyright
- © 2025 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Yusan Jiang PY - 2025 DA - 2025/11/03 TI - Research on the Impact of Hong Kong Property Stamp Duty Adjustments on the Real Estate Market in the Post-COVID Era BT - Proceedings of the 2025 International Conference on Financial Innovation and Marketing Management (FIMM 2025) PB - Atlantis Press SP - 1128 EP - 1136 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-874-5_129 DO - 10.2991/978-94-6463-874-5_129 ID - Jiang2025 ER -