Ir Professor Francis Wong is a Professor in the Department of Building and Real Estate (BRE) as well as the Director of the Research Centre for Construction and Real Estate Economics (RCCREE) of the Hong Kong Polytechnic University. He was the Head of BRE from academic year 2005/6 to 2007/08. He has 30 years of academic and practical experiences, and has published more than a hundred and sixty papers in including journal articles, conference papers, professional journals, research monographs, and consultancy reports. His main research interests include affordable housing development, and construction safety.
There is a growing ageing population in Hong Kong. In year 2000, 17.1% of our population was 60 years old or over. However, it is estimated that 31% of the population will be over 60 years of age in year 2036. The objectives of this seminar are to compare the housing provision for the elderly in Hong Kong with other developed countries, and to examine the factors affecting the housing affordability and preferences of the elderly. The Reverse Mortgage Programme offered by the Hong Kong Mortgage Corporation (HKMC) and the two Housing Programmes for the elderly offered by the Hong Kong Housing Society (HKHS) in Tin Shui Wai and North Point will be discussed