Introduction

One of the most important challenges confronting policy makers, planners, business people, and ordinary citizens in Hong Kong and many cities in China is how to deal with the volatile housing markets. Soaring land and housing prices have severely eroded the well-being of the general population, undermined sustained economic growth, and threatened social stability. Despite their pervasive influence and alarming consequences, there is a dearth of scholarly reflection on the nature and dynamics of current land policy and housing market as well as insights into effective policy formation. International Symposium on Land Policy and Housing Market invited world-class experts from the fields of economics, geography, city planning, and public policy, to share their understandings of linkages among land policy, social housing policy and housing market in different regions of the world undergoing urbanization.