Future Trends
The growth of households, taking account of demographic factors shows that the 1.1 million households of 1979 will have reached 1.5 million by 1987. The number of smaller households will have increased in proportion to the larger ones.
Thi projection of household growth only assumes a net migration balance of about 12,000. However, if the 1978 figure of 96,000 continues, a considerable number of additional households would be created by 1986.
The estimated housing supply up to 1987 is about 1.3 million permanent living quarters. This assumes a high net rate of increase in combined public and private stock of about 60,000 a year. This assumption depends very much on Hong Kong's economic circumstances and the supply of land. It still leaves a shortfall at the end of the period (again with immigrants excluded).
A projection has been made of households, divided according to household income. In 1978, 36% of households (44% of population) were in public housing, while a further 24% or about 250,000 households appeared to be eligible under the Waiting List income criteria. If the relationship between Waiting List income limits and real household incomes remain the same, by 1986 some 450,000 households eligible for public housing will still be unable
to obtain it.
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