Making Housing more Affordable

The movement away from traditional rented approaches to meeting thehousing needs of those on modest incomes has taken on new momentumin the latest economic cycle.
This book answers some of the questions around affordablehousing and low cost home ownership, and whether these intermediatetenures have the potential to play a longer term role in achievingsustainable housing markets.
The editors clarify the principles on which the development ofaffordable housing and intermediate tenures has been based; analysethe policy instruments used to implement these ideas; and make apreliminary assessment of their longer tem value to households andgovernments alike.
Making Housing More Affordable: the role of intermediatetenures brings together an evidence base for researchers andpolicy makers as they assess past experience and work to understandfuture options.
The book draws mainly on experience of the intermediate housingmarket in England but also on examples of policies that have beenimplemented across the world. It clarifies both the challenges andthe achievements of governments in providing a well operatingintermediate market that can help meet the fundamental goal of'a decent home for every household at a price within theirmeans'.
The first section outlines the principles and practice ofintermediate housing and examines the instruments and mechanisms bywhich it has been provided internationally. The next sectionestimates who might benefit from being in intermediate housing andprojects the take-up of different products in the future. SectionIII examines the supply side and Section IV introduces some casestudies of who gets what. The final section looks at howeffectively the intermediate market operates over the economiccycle.