Housing Expenditures
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Housing Expenditures
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Author :
language : en
Publisher:
Release Date : 2002
Housing Expenditures written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Electronic government information categories.
Dynamic Housing Expenditures And Household Welfare
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Author : Laura Blow
language : en
Publisher:
Release Date : 2009
Dynamic Housing Expenditures And Household Welfare written by Laura Blow and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
In this paper we develop a measure of current "expenditures" on housing services for owner-occupiers. Having such a measure is important for measuring the relative welfare of households, especially when comparing renters and owners and for measuring inflation. From a theoretical perspective expenditures equal the "shadow price" of housing services (the marginal rate of substitution between housing services and non-durable consumption) multiplied by the quantity of housing services consumed. In an idealised world, two simple measures of the shadow price are available; the user cost of housing capital and the rental price of an equivalent rental house. However, imperfect capital markets, risk aversion, the tax system, moving costs and systematic differences between houses available in the rental and owner occupied sectors drive a wedge between the shadow price of housing and these other two measures. This paper contributes to previous research by calibrating a lifecycle model of housing investment and consumption to data from the UK Family Expenditure Survey and by developing measures of the shadow price of housing that take into account uncertainty in house prices, interest rates and incomes, dynamic life cycle choices, and liquidity constraints that depend on both income and house value. -- shadow price ; housing ; liquidity constraints ; lifeycle models
The Economics Of Housing Vouchers
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Author : Joseph H. Friedman
language : en
Publisher: Academic Press
Release Date : 2014-05-10
The Economics Of Housing Vouchers written by Joseph H. Friedman and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-10 with Social Science categories.
The Economics of Housing Vouchers is a seven-chapter text that examines the housing choices of low-income families in two metropolitan areas, namely, Phoenix and Pittsburgh. Some of these households are offered a novel kind of housing subsidy, including a housing allowance or housing voucher, in an experimental framework designed to test this approach to demand-side housing assistance. Chapter 1 presents an overview of U.S. housing programs and the dimensions of the U.S. housing problem. Chapter 2 provides a simple microeconomic model that conceptualizes household behavior, as well as a summary of some of the extant evidence on housing demand. This chapter also estimates the housing demand models for the low-income population in the Demand Experiment, using housing expenditures to measure housing. Chapter 3 applies a hedonic index of housing services that abstracts from particular characteristics of the household or landlord that may affect rent and attempts to measure housing in a more objective manner. Chapter 4 describes a model of household behavior that leads to the methodology for estimating experimental effects. Chapter 5 repeats the analysis for Minimum Rent households, while Chapter 6 examines the effect of both kinds of Housing Gap allowance payment on the consumption of housing services. Lastly, Chapter 7 focuses on the implications of the experimental findings for housing policy. This chapter compares a housing allowance strategy with two other approaches, namely, a pure income-transfer approach and a construction-oriented approach. This book is of value to workers in housing policy, including economists, regional and other social scientists in academia, housing analysts, the Congress, housing lobby groups, and state and local government housing officials.
Housing Expenditures And Income Inequality
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Author : Christian Dustmann
language : en
Publisher:
Release Date : 2018
Housing Expenditures And Income Inequality written by Christian Dustmann and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
In this paper, we show that, in terms of real disposable income, changes in housing expenditures dramatically exacerbate the trend of income inequality that has risen sharply in Germany since the mid-1990s. More specifically, whereas the 50/10 ratio of net household income increases by 22 percentage points (pp) between 1993 and 2013, it increases by 62 pp for income net of housing expenditures. At the same time, the income share of housing expenditures rises disproportionally for the bottom income quintile and falls for the top quintile. Factors contributing to these trends include a decline in the relative costs of homeownership versus renting, changes in household structure, and residential mobility toward larger cities. Younger cohorts spend more on housing and save less than older cohorts did at the same age, with possibly negative consequences for wealth accumulation, particularly for those at the bottom of the income distribution.
Housing Expenditures And Quality
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Author : Joseph Friedman
language : en
Publisher:
Release Date : 1977
Housing Expenditures And Quality written by Joseph Friedman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with Housing subsidies categories.
Attacking Housing Costs
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Author : Emanuel Jay Howenstine
language : en
Publisher:
Release Date : 1983
Attacking Housing Costs written by Emanuel Jay Howenstine and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Political Science categories.
Housing Expenditures And Quality Part 1 Report On Housing Expenditure Under A Percent Of Rent Allowance
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Author : Stephen K. Mayo
language : en
Publisher:
Release Date : 1976
Housing Expenditures And Quality Part 1 Report On Housing Expenditure Under A Percent Of Rent Allowance written by Stephen K. Mayo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with Housing subsidies categories.
Final Report Of The Task Force On Housing Costs
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Author : United States. Task Force on Housing Costs
language : en
Publisher:
Release Date : 1978
Final Report Of The Task Force On Housing Costs written by United States. Task Force on Housing Costs and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Government publications categories.
Housing Allowances In Comparative Perspective
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Author : Peter Kemp
language : en
Publisher: Policy Press
Release Date : 2007-07-11
Housing Allowances In Comparative Perspective written by Peter Kemp and has been published by Policy Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-07-11 with Political Science categories.
Housing allowances have become increasingly important policy instruments in the advanced welfare states. Operating at the interface between housing and social security policy, they provide means-tested assistance with housing costs for low income households. In the present era of fiscal austerity, such schemes are seen by many governments as a more efficient way to help tenants than rent controls or 'bricks and mortar' subsidies to landlords. Yet as the contributions to this collection show, housing allowances are not without problems of their own, especially in relation to housing consumption and work incentives. This book examines income-related housing allowance schemes in advanced welfare states as well as in transition economies of central and eastern Europe. Drawing on experiences in ten countries, including Britain, Sweden, Germany, Australia and the USA, it presents new evidence on the origins and design of housing allowances; their role within housing and social security policy; their impact on affordability; and current policy debates and recent reforms. Unique in it's depth of coverage, Housing Allowances in Comparative Perspective is essential reading for researchers, students and lecturers in social policy, housing and urban studies.
Housing Costs
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Author :
language : en
Publisher:
Release Date : 1981
Housing Costs written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Housing categories.