The home ownership aspiration after the 1997 economic downturn in Hong Kong : a study on the middle class aspiration and response

Borrowing concepts from the study of work and occupations as well as gender studies, this paper considers the social organization of migration as gendered work. It explores women's and men's contribution to two aspects of family resources needed to migrate: (a) jobs and the non-market exchanges involved in obtaining work, and (b) the support of kin. The data come from a study of 30 emigrant and non-emigrant families representing three social classes in Hong Kong. We find their “migration work” varies by social class and gender. Since the working class families depend on kin to get resources to emigrate, their “migration work” involves maintaining these kin ties, mainly in the job area. The lower middle class proffer advice to kin, and they view kin as an information source on topics including migration. For the affluent, middle-class who negotiate independently to emigrate, their “migration work” involves linking colleagues to the family.

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SISTEM SIMULASI PERHITUNGAN KPR DI PERUM PERUMNAS REGIONAL V BERBASIS WEB

MANAJEMEN : JURNAL ILMIAH MANAJEMEN DAN KEWIRAUSAHAAN ◽

10.51903/imk.v1i1 ◽

2021 ◽

Vol 1 (2) ◽

pp. 33-43

Author(s):

Dendy Kurniawan ◽

Dwi Setiawan

Keyword(s):

Middle Class ◽

Programming Languages ◽

Home Ownership ◽

Simulation System ◽

Microsoft Excel ◽

The Public ◽

Payment Methods ◽

Regional Area ◽

Cash Payment ◽

Public Company

Perum Perumnas is a State-Owned Enterprise (BUMN) in the form of a Public Company (Perum). Perum Perumnas has 7 regional business areas and 1 rusunawa regional area. Perum Perumnas Regional V which is located at Jl. Wilis No. 23 Semarang is engaged in providing housing and settlements for the middle class community. In its business activities, Perumnas sells houses to the public with cash payment methods or through Home Ownership Credit (KPR). The Perumnas Branch can serve every consumer who comes to Perumnas Branch to seek information about the amount of monthly installment payments if the consumer applies the mortgage system with the down payment that the consumer has and the shortfall that must be paid. In carrying out this activity, the Perumnas Branch still uses the Microsoft Excel application.The problem that often arises at this time is the calculation of KPR between Perumnas Semarang Branch I and Perumnas Semarang Branch II which is quite different, making it less effective for companies. Based on this description, the author tries to provide a solution that is able to overcome these problems by designing a website-based mortgage calculation simulation system at Perum Perumnas Regional V with the aim of making it easier for consumers and marketing or sales parties to find information about mortgage calculations.Making this simulation system, the author uses the HTML, CSS, PHP, JavaScript and MySQL programming languages as the database. In its manufacture, this application is adapted to the needs of Perumnas in general.The conclusion that can be drawn is the dissimilarity or difference in filling out the mortgage calculation where the Semarang Branch I and Semarang Branch II when the marketing staff does the mortgage calculation even though they use the same bank Suggestions that can be put forward is to create a mortgage calculation simulation system that can make it easier for consumers to get information about mortgage calculations quickly, efficiently and accurately and can be accessed anywhere and anytime.

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Economic Downturn and the Crisis of Home Ownership

Housing, Home Ownership and Social Change in Hong Kong ◽

10.4324/9780429440571-8 ◽

2019 ◽

pp. 199-218

Author(s):

James Lee

Keyword(s):

Home Ownership ◽

Economic Downturn

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The trapdoor in the platform: will corporate purpose be enough?

Journal of Business Strategy ◽

10.1108/jbs-01-2020-0017 ◽

2020 ◽

Vol 41 (2) ◽

pp. 59-62

Author(s):

Peter Buell Hirsch

Keyword(s):

Middle Class ◽

Productivity Growth ◽

Corporate Reputation ◽

Design Methodology ◽

Economic Downturn ◽

Significant Shift ◽

Purchasing Power ◽

Content Type ◽

Growth Decline ◽

Practical Implications

Purpose The purpose of the paper is to assess whether current corporate commitments to serve all stakeholders rather than just shareholders will protect corporate reputation during the coming economic downturn. Design/methodology/approach This paper reviews recent corporate commitments to corporate purpose and sustainability as well as critiques of these commitments to determine the likely public and governmental responses in the context of declining middle-class purchasing power and record profits. Findings The author believes that unless corporations make deeper commitments to productivity growth, higher wages and strengthening employment, there will be meaningful restrictions imposed upon their freedom to operate. Research limitations/implications This review of corporate commitments and critiques is selective and not comprehensive. To the extent that the findings relate to events in the future, they are, by definition, non-verifiable. Practical implications If corporations begin to address the concerns discussed here before the next sharp economic downturn, they may be able to escape significant new obligations imposed by the governments. If not, they are likely to lose both freedom of action and reputation. Social implications Depending on the flow of events, large segments of the population could turn against big corporations, representing a significant shift in the cultural and political environment. Originality/value Much has been written about the intersection of stagnation in productivity growth, decline in middle-class purchasing power and income inequality. However, the author believes that there has been little attention given to the possible implications from the perspective of corporate reputation.

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