Understanding affordability: the economics of housing markets
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 ta...
Gespeichert in:
| Beteiligte Personen: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Bristol
Bristol University Press
2020
|
| Schlagwörter: | |
| Links: | https://doi.org/10.46692/9781529211887 https://doi.org/10.46692/9781529211887 https://doi.org/10.46692/9781529211887 |
| Zusammenfassung: | 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 |
| Beschreibung: | Title from publisher's bibliographic system (viewed on 08 Mar 2021) Front Cover -- Understanding Affordability: The Economics of Housing Markets -- Copyright information -- Table of contents -- List of Figures and Tables -- Preface -- 1 Crisis, What Crisis? -- Introduction -- Methods of analysis -- Developing the analytical framework -- Housing and policy -- 2 Is Housing Really Unaffordable? -- Introduction -- Affordability measurement: some background issues -- Commonly used measures of affordability -- Price to earnings or income ratios -- Housing expenditure to income ratios -- Residual income approaches -- Housing supply -- Renter financial stress and affordability measures -- Affordability for first-time buyers -- In conclusion -- 3 What Factors Determine Changes in House Prices and Rents? -- Introduction -- Understanding national house prices -- International comparisons -- Sub-national differences -- Local variations -- The determinants of rents -- In conclusion -- 4 Influences on Household Formation and Tenure -- Introduction -- Changes in tenure and household formation -- Home ownership choices, expectations and aspirations -- Demand by existing owners and the rise of second home ownership -- Affordability, household formation and the tenure of young households -- In conclusion -- 5 Rental Affordability -- A short history of housing support for lower-income households -- Rent controls -- Increasing the supply of public and social housing -- Income-related housing support -- Rent rebates and rent allowances -- Selected characteristics of benefit recipients -- Renting, market segmentation and interactions between the tenures -- Rents, affordability and the wider economy -- In conclusion -- 6 What Determines the Number of New Homes Built? -- Introduction -- Industrial structure and productivity -- Long-run trends in housing construction -- Explaining the trends in private construction |
| Umfang: | 1 Online-Ressource (xi, 324 Seiten) |
| ISBN: | 9781529211887 |
| DOI: | 10.46692/9781529211887 |
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| dewey-tens | 360 - Social problems and services; associations |
| discipline | Soziologie Wirtschaftswissenschaften |
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| id | DE-604.BV047306124 |
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| indexdate | 2024-12-20T19:15:40Z |
| institution | BVB |
| isbn | 9781529211887 |
| language | English |
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| spelling | Meen, Geoffrey (DE-588)170543358 aut Understanding affordability the economics of housing markets Geoffrey Meen and Christine Whitehead Bristol Bristol University Press 2020 1 Online-Ressource (xi, 324 Seiten) txt rdacontent c rdamedia cr rdacarrier Title from publisher's bibliographic system (viewed on 08 Mar 2021) Front Cover -- Understanding Affordability: The Economics of Housing Markets -- Copyright information -- Table of contents -- List of Figures and Tables -- Preface -- 1 Crisis, What Crisis? -- Introduction -- Methods of analysis -- Developing the analytical framework -- Housing and policy -- 2 Is Housing Really Unaffordable? -- Introduction -- Affordability measurement: some background issues -- Commonly used measures of affordability -- Price to earnings or income ratios -- Housing expenditure to income ratios -- Residual income approaches -- Housing supply -- Renter financial stress and affordability measures -- Affordability for first-time buyers -- In conclusion -- 3 What Factors Determine Changes in House Prices and Rents? -- Introduction -- Understanding national house prices -- International comparisons -- Sub-national differences -- Local variations -- The determinants of rents -- In conclusion -- 4 Influences on Household Formation and Tenure -- Introduction -- Changes in tenure and household formation -- Home ownership choices, expectations and aspirations -- Demand by existing owners and the rise of second home ownership -- Affordability, household formation and the tenure of young households -- In conclusion -- 5 Rental Affordability -- A short history of housing support for lower-income households -- Rent controls -- Increasing the supply of public and social housing -- Income-related housing support -- Rent rebates and rent allowances -- Selected characteristics of benefit recipients -- Renting, market segmentation and interactions between the tenures -- Rents, affordability and the wider economy -- In conclusion -- 6 What Determines the Number of New Homes Built? -- Introduction -- Industrial structure and productivity -- Long-run trends in housing construction -- Explaining the trends in private construction 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 Housing Eigenheim (DE-588)4013770-3 gnd rswk-swf Immobilienmarkt (DE-588)4123416-9 gnd rswk-swf Baufinanzierung (DE-588)4134929-5 gnd rswk-swf Wohnungspolitik (DE-588)4066796-0 gnd rswk-swf Immobilienmarkt (DE-588)4123416-9 s Baufinanzierung (DE-588)4134929-5 s Eigenheim (DE-588)4013770-3 s Wohnungspolitik (DE-588)4066796-0 s DE-604 Whitehead, Christine M. E. 1942- (DE-588)170151476 aut Erscheint auch als Druck-Ausgabe 978-1-5292-1186-3 https://doi.org/10.46692/9781529211887 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Meen, Geoffrey Whitehead, Christine M. E. 1942- Understanding affordability the economics of housing markets Housing Eigenheim (DE-588)4013770-3 gnd Immobilienmarkt (DE-588)4123416-9 gnd Baufinanzierung (DE-588)4134929-5 gnd Wohnungspolitik (DE-588)4066796-0 gnd |
| subject_GND | (DE-588)4013770-3 (DE-588)4123416-9 (DE-588)4134929-5 (DE-588)4066796-0 |
| title | Understanding affordability the economics of housing markets |
| title_auth | Understanding affordability the economics of housing markets |
| title_exact_search | Understanding affordability the economics of housing markets |
| title_full | Understanding affordability the economics of housing markets Geoffrey Meen and Christine Whitehead |
| title_fullStr | Understanding affordability the economics of housing markets Geoffrey Meen and Christine Whitehead |
| title_full_unstemmed | Understanding affordability the economics of housing markets Geoffrey Meen and Christine Whitehead |
| title_short | Understanding affordability |
| title_sort | understanding affordability the economics of housing markets |
| title_sub | the economics of housing markets |
| topic | Housing Eigenheim (DE-588)4013770-3 gnd Immobilienmarkt (DE-588)4123416-9 gnd Baufinanzierung (DE-588)4134929-5 gnd Wohnungspolitik (DE-588)4066796-0 gnd |
| topic_facet | Housing Eigenheim Immobilienmarkt Baufinanzierung Wohnungspolitik |
| url | https://doi.org/10.46692/9781529211887 |
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