Understanding Affordability
The Economics of Housing Markets
1st Edition
Published on 8. July 2020
336 pages
978-1-5292-1189-4 (ISBN)
Description
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.
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.
More details
Edition
First Edition
Language
English
Place of publication
Bristol
United Kingdom
Target group
Professional and scholarly
Illustrations
26 s/w Abbildungen, 18 s/w Tabellen
18 Tables, black and white; 26 Illustrations, black and white
File size
2,87 MB
ISBN-13
978-1-5292-1189-4 (9781529211894)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Book
07/2020
1st Edition
Bristol University Press
€45.70
Shipment within 3-4 weeks
Book
07/2020
1st Edition
Bristol University Press
€105.60
Shipment within 3-4 weeks
Persons
Geoffrey Meen is Professor Emeritus in Applied Economics at the University of Reading and is a member of the UK Collaborative Centre for Housing Evidence.
Christine Whitehead is Professor Emeritus in Housing Economics and Deputy Director of LSE London at the London School of Economics.
Christine Whitehead is Professor Emeritus in Housing Economics and Deputy Director of LSE London at the London School of Economics.
Content
Crisis, What Crisis?
Is Housing Really Unaffordable?
What Factors Determine Changes in House Prices and Rents?
Influences on Household Formation and Tenure
Rental Affordability
What Determines the Number of New Homes Built?
Housing Demand, Financial Markets and Taxation
Housing, Affordability and the Macroeconomy
Planning and the Assessment of Housing Need and Demand
Raising the Level of Provate Housing Construction
Subsidizing the Supply of Rental Housing
Subsidizing the Housing Costs of Lower-Income Tenants
Increasing Home Ownership
Where Do We Go from Here?
Is Housing Really Unaffordable?
What Factors Determine Changes in House Prices and Rents?
Influences on Household Formation and Tenure
Rental Affordability
What Determines the Number of New Homes Built?
Housing Demand, Financial Markets and Taxation
Housing, Affordability and the Macroeconomy
Planning and the Assessment of Housing Need and Demand
Raising the Level of Provate Housing Construction
Subsidizing the Supply of Rental Housing
Subsidizing the Housing Costs of Lower-Income Tenants
Increasing Home Ownership
Where Do We Go from Here?
