The construction of investor-subjects in a housing-led growth society: the case of Hong Kong.

The question of how investor-subjects are constructed in a financialized society is rarely examined by empirical data in the literature of financialization. This study examines the role of perception of housing in the culture of financialization, with the data of a population survey in Hong Kong (N...

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Publicado en:Social Science Journal Vol. 63; no. 1; pp. 381 - 399
Autores principales: Tang, Gary, Lee, Francis L. F., Tsang, Chung-Kin
Formato: Artículo
Publicado: Taylor & Francis Ltd Jan/Feb2026
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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      dt: Jan/Feb2026
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      pub: Taylor & Francis Ltd
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        191202908
        10.1080/03623319.2022.2066879
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      tig:
        atl: The construction of investor-subjects in a housing-led growth society: the case of Hong Kong.
      aug:
        au:
          Tang, Gary
          Lee, Francis L. F.
          Tsang, Chung-Kin
        affil:
          Department of Social Science, The Hang Seng University of Hong Kong, Hong Kong, China
          School of Journalism and Communication, The Chinese University of Hong Kong, Hong Kong, China
          Department of Sociology, Hong Kong Shue Yan University, Hong Kong, China
      su:
        Home ownership
        Demographic surveys
        Social mobility
        Financialization
        House buying
      sug:
        subj:
          Home ownership
          Demographic surveys
          Social mobility
          Financialization
          House buying
      keyword:
        Culture of financialization
        Home purchase
        Homeownership
        Hong kong
        Public opinion
        Culture of financialization
        Home purchase
        Homeownership
        Hong kong
        Public opinion
      ab: The question of how investor-subjects are constructed in a financialized society is rarely examined by empirical data in the literature of financialization. This study examines the role of perception of housing in the culture of financialization, with the data of a population survey in Hong Kong (N = 1,020), a financialized society with growth mainly driven by property. This research reveals that the perceived importance of investment in improving livelihood, and the perception of investment as a speculative activity, have led people to feel pessimistic toward the future, and have less faith in upward social mobility. However, this feeling of precarity can be relieved by perceiving homeownership as the most secure form of investment. This research's findings can shed light on how people can overcome the feeling of precarity in a financialized society, and how the ideology of housing supports people to be investors-subjects.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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