Abstract
ABSTRACTThis study investigates the impact of institution and built form on trends to gentrification in Hong Kong, investigating both public and private and larger and smaller development projects. It identifies three models of gentrification, the “black hole” model, suggesting that very large, public sector projects may have little trickle-down effect; the “happy days” model, which provides needed residential and commercial space for the post-industrial economy, but appropriately sized sites are now very limited; and the “cooked frog” model, where in situ, piecemeal redevelopment may act to slow the pace of gentrification and thus help to retain socially mixed neighbourhoods for a time. However, while to some extent physically bounded, by following the predicted outcome of normal bid rent activities, it is also the most pernicious of the three models because it is self-sustaining and thus is likely to drive out original residents and traditional businesses over time. Each of these models points to an Eas...
Published Version
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