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Housing Affordability


Housing Affordability
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Understanding Affordability


Understanding Affordability
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Author : Meen, Geoffrey
language : en
Publisher: Bristol University Press
Release Date : 2020-07-08

Understanding Affordability written by Meen, Geoffrey and has been published by Bristol University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-08 with Business & Economics categories.


For many younger and lower-income people, housing affordability continues to worsen. Based on the academic research of two distinguished housing economists – and stimulated by working with governments across the world - this wide-ranging book sets out clear theoretical and empirical frameworks to tackle one of today’s most important socio-economic issues. Housing unaffordability arises from complex forces and a prerequisite to effective policy is understanding the causes of rising house prices and rents and the interactions between housing, housing finance and the macroeconomy. The authors challenge many of the conventional wisdoms in housing policy and offer innovative recommendations to improve affordability.



National Analysis Of Housing Affordability Adequacy And Availability


National Analysis Of Housing Affordability Adequacy And Availability
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Author : Amy Bogdon
language : en
Publisher:
Release Date : 1994

National Analysis Of Housing Affordability Adequacy And Availability written by Amy Bogdon and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Households categories.




Housing The Nation A Singapore Policy Story


Housing The Nation A Singapore Policy Story
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Author : Kim Hin / David Ho
language : en
Publisher: Partridge Publishing Singapore
Release Date : 2020-12-17

Housing The Nation A Singapore Policy Story written by Kim Hin / David Ho and has been published by Partridge Publishing Singapore this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-17 with Reference categories.


Chapter 1 takes a close look at a unique and state-of-the-art dynamic, structural public housing macroeconomic model (DSPHM), based on an open economy for several key macroeconomic variables, actual and expected, as well as the demand for new HDB flats sold. This Chapter readily adopts the DSPHM for simulating two scenarios, namely a “no change” first scenario and a public housing “deregulation” second scenario. Chapter 2 explores the relationship between several economic factors and the demand for public housing in Singapore and Hong Kong, deploying the innovative and versatile system dynamics model, to shed better understanding on the policy implications of assisted ownership housing. The Chapter assesses the demand for new flats of the Singapore and Hong Kong economies, under certain macroeconomic policy changes, suitable for their unique situations. Chapter 3 is concerned with the underlying structural relationships that affect Singapore’s public housing policy to potentially privatize the HDB concessionary-rate mortgages for HDB homebuyers. Such a potential privatization infuses and sustains price competitiveness among the domestic private banks in Singapore, and lead to improved efficiency among them as well as the Singapore economy at large. Chapter 4 is concerned with the binomial option-pricing model, proposed by Cox, Ross and Rubinstein (1979), which is appropriate to represent the movement of the underlying HDB resale flat prices, subject to private market forces in HDB’s large scale public housing secondary resale market. The HDB Main Upgrading Program (MUP) is a heavily subsidized and highly targeted public housing policy. Since its inception in 1992, the HDB has budgeted some S$3 billion to finance the MUP policy. Chapter 5 recognizes housing affordability to be always an issue of concern to many Singaporean homebuyers because shelter forms one of the basic life necessities. The corresponding private residential market in Singapore offers quality and premium private residential accommodation for homebuyers, who prefer the private residential market. The appropriate affordability model is a multi-factor housing affordability index (HAI) model, which considers the ability to provide down payment and to service the mortgage taken up. Lastly, Chapter 6 offers the book’s conclusion.



Affordable Housing


Affordable Housing
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Author : Ted Merriman
language : en
Publisher:
Release Date : 2008

Affordable Housing written by Ted Merriman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.




Housing Affordability And Housing Policy In Urban China


Housing Affordability And Housing Policy In Urban China
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Author : Zan Yang
language : en
Publisher: Springer Science & Business Media
Release Date : 2014-01-25

Housing Affordability And Housing Policy In Urban China written by Zan Yang and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-01-25 with Political Science categories.


This book provides a comprehensive analysis of housing affordability under the economic reforms and social transformations in urban China. It also offers an overall review of the current government measures on the housing market and affordable housing policies in China. By introducing a dynamic affordability approach and residual income approach, the book allows us to capture the size of the affordability gap more accurately, to better identify policy targets, and to assess the effectiveness of current public policy. The unique database on urban household surveys and regional information on affordable housing projects serve to strengthen the analysis. The book offers theoretical and empirical insights for in-depth affordability studies and helps readers to understand the social impacts of market reforms and the role of government on the Chinese housing market.



The New Housing Shortage


The New Housing Shortage
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Author : Graham Hallett
language : en
Publisher: Routledge
Release Date : 2021-06-29

The New Housing Shortage written by Graham Hallett and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-29 with Social Science categories.


Originally published in 1993, this book is a detailed comparative examination of the housing issue by housing experts, looking at the USA, UK, Germany, the Netherlands and France. The volume offers an excellent blend of critical analysis and practical policy recommendations, including a better targeting of tax concessions, a move back to social housing more diverse than in the past and measures for reducing homelessness. Perennial issues which remain as pertinent today as when the book was first published are also discussed: homelessness, housing affordability for people on low incomes, changes in housing markets.



Housing Affordability And Housing Investment Opportunity In Australia


Housing Affordability And Housing Investment Opportunity In Australia
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Author : Muharem Karamujic
language : en
Publisher: Springer
Release Date : 2015-08-18

Housing Affordability And Housing Investment Opportunity In Australia written by Muharem Karamujic and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-08-18 with Business & Economics categories.


Contrary to other developed economies, Australia has experienced a long-term deterioration in housing affordability even between housing price booms. The house price boom that came after the global financial crisis has intensified the stress on Australian housing affordability to yet higher levels, and is likely to continue to be a concern for some time to come. This book reviews a range of available approaches for the measurement of housing affordability, and examines recent empirical evidence on housing affordability in Australia. It begins by explaining the relevance of housing to governments at different levels, the emergence of the housing affordability problem, and the global importance of housing affordability. It then explores the causes of the recent explosion in the number of institutions offering home loan products, analysing features such as the size, composition and changes in total lending and home lending in Australia. The author goes on to investigate the consequences of the two most recent rounds of financial deregulation, as well as the trends in interest rate and property prices, and recent changes in typical borrower behaviour. The book concludes by reviewing a range of available approaches in the measurement of housing affordability. It assesses whether there is a level of adjustment in housing affordability, and finally analyses which housing market segment represents the better investment opportunity during housing boom periods.



Housing Affordability


Housing Affordability
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Author : Justin Healey
language : en
Publisher:
Release Date : 2016-04-01

Housing Affordability written by Justin Healey and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-01 with Housing categories.




Shelter Poverty


Shelter Poverty
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Author : Michael Stone
language : en
Publisher: Temple University Press
Release Date : 1993-06-27

Shelter Poverty written by Michael Stone and has been published by Temple University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-06-27 with Political Science categories.


"...the most original--and profoundly disturbing--work on the critical issue of housing affordability...." --Chester Hartman, President, Poverty and Race Research Action Council In Shelter Poverty, Michael E. Stone presents the definitive discussion of housing and social justice in the United States. Challenging the conventional definition of housing affordability, Stone offers original and powerful insights about the nature, causes, and consequences of the affordability problem and presents creative and detailed proposals for solving a problem that afflicts one-third of this nation. Setting the housing crisis into broad political, economic, and historical contexts, Stone asks: What is shelter poverty? Why does it exist and persist? and How can it be overcome? Describing shelter poverty as the denial of a universal human need, Stone offers a quantitative scale by which to measure it and reflects on the social and economic implications of housing affordability in this country. He argues for "the right to housing" and presents a program for transforming a large proportion of the housing in this country from an expensive commodity into an affordable social entitlement. Employing new concepts of housing ownership, tenure, and finance, he favors social ownership in which market concepts have a useful but subordinate role in the identification of housing preferences and allocation. Stone concludes that political action around shelter poverty will further the goal of achieving a truly just and democratic society that is also equitably and responsibly productive and prosperous.



Policy Innovations For Affordable Housing In Singapore


Policy Innovations For Affordable Housing In Singapore
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Author : Sock-Yong Phang
language : en
Publisher: Springer
Release Date : 2018-04-23

Policy Innovations For Affordable Housing In Singapore written by Sock-Yong Phang and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-04-23 with Business & Economics categories.


Global cities today are facing fundamental challenges in relation to unaffordable housing and growing economic inequality. Singapore’s success in making homeownership possible for 90% of its population has attracted much attention internationally. This book represents a culmination of research by the author on key housing policy innovations for affordable housing. Housing policy changes were effected in the 1960s through reforms of colonial legislation and institutions dealing with state land acquisition, public housing, and provident fund savings. The comprehensive housing framework that was established enabled the massive resettlement of households from shophouses, slums and villages to high-rise government-built flats. In the 1980s and 1990s, housing market and land use regulations were amended in response to the changing needs of a growing economy. Housing policies have also been utilised to curb housing speculation, build racially inclusive communities, and reduce wealth inequality. More recently, an ageing population of homeowners has necessitated focus on policies for housing equity extraction. This landmark title is of relevance to all developing economies exploring alternative systems of affordable housing.