Rent Subsidy Influences Customer Psychology

By JOHNNY CH LOK and Johnny C.H. Lok

However, rent subsidiaries assistance can also bring these benefits to the country's society, such as it encourages greater mobility within the social rented sector, because the properties developers will increase the small, medium, large different sizes space apartment number to let them to choose to rent, e.g. one small or large bedroom, or two small or large bedrooms, or more than two small or large bedrooms of apartment to let the tenants to choose to occupy. So, the property market will increase many different occupying space size of bedrooms number to let the country's tenants to choose to rent to satisfy their living needs. Moreover, it can make better use of available social housing stock, when there are many houses to used to be rented intention only. It can improve work-incentives for working age group tenants in the society, due to many people choose to rent houses to live in the country, they won't need to pay long term installment payment to buy the house in long term installment period, e.g. they won't need to pay twenty to forty years, even more installment housing payment to the housing developers. Hence, the tenants will reduce finance burden when they choose to pay cheaper rents from their government's rent subsidiaries assistance long-term. It will influence the working age tenant group 's saving habit to be better any more, due to they will have more extra money to save to banks when they pay lesser rent from government's long term rent subsidiaries assistance per month. Because of the high proportion of tenants in respect of rent subsidiaries assistance housing benefit may have a sizable positive influence to encourage their saving habits on the saving behaviors or work-incentive behaviors both. So, the rent subsidiaries assistance housing long-term fixed amount paid benefit will continue to provide support where apartment is suitable for the needs of the tenants, and it will provide an economic incentive for working age tenants to move out from smaller space size properties to their apartment is consider larger space size apartment than necessary. When rent subsidiaries assistance can support the working age tenants to rent larger space size apartment to live to bring both working and economic incentive to improve their living of quality needs.

• Format: Paperback
• Language: English
• ISBN: 1080884424
• ISBN13: 9781080884421
• Release Date: January 1
• Publisher: Independently Published
• Length: 50 Pages
• Weight: 0.26 lbs.
• Dimensions: 0.1" x 8.0" x 10.0"