Housing Affordability and Housing Policy in Urban China

2014 ◽  
Author(s):  
Zan Yang ◽  
Jie Chen
Keyword(s):  
Housing Policy ◽  
Housing Affordability ◽  
Urban China

An analysis on housing affordability in Malaysian housing markets and the home buyers’ preference

2019 ◽  
Vol 13 (3) ◽  
pp. 375-392 ◽  
Author(s):  
Amy Soon ◽  
Consilz Tan
Keyword(s):  
Housing Policy ◽  
Affordable Housing ◽  
Urban Areas ◽  
Housing Price ◽  
Housing Markets ◽  
Housing Demand ◽  
Housing Affordability ◽  
Monthly Income ◽  
Content Type ◽  
Residential Units

Purpose This paper aims to investigate the housing preference and housing affordability in Malaysian housing markets. There is a lack of research on the gap between supply and demand of houses in this market. Urbanization has increased the demand of houses in urban areas. However, the high demand in residential units increases the housing price which causes the affordability level dropped. Besides, the residences that provided by developers do not meet the expectation of the home buyers. There are three attributes that examined in this research to understand the home buyers’ preference. Design/methodology/approach This paper provides quantitative analysis on the housing affordability and the home buyers’ preference. This paper presents the results on the home buyers’ housing affordability and buying preference on houses. In addition, the study further confirmed the significant relationship between monthly income and type of preferred house, as well as monthly income and range of housing affordability using cross-tabulation analysis. Findings The findings indicated that the housing price in the current market is not affordable by most of the homebuyers and there are certain attributes that important to home buyers which should not be neglected. Research limitations/implications This paper helps to shed light on the planning of Malaysian housing policy especially on the issue of providing affordable housing in urban areas. Practical implications Policymakers shall consider the elements of economics, social acceptance and feasibility of Malaysian housing policies to achieve sustainability in Malaysian housing markets. With the current government’s move to promote housing affordability amongst B40 income groups, local government and housing developers should work together in addressing housing demand in accordance to states and ensure that there is a more targeted housing policy. Social implications With the detailed analysis on the home buyers’ preference, it helps to promote sustainable housing developments in meeting basic housing needs and preference. Originality/value This is the first study to examine relationship between Malaysian housing affordability with monthly income and type of preferred house. In the meantime, the housing affordability is compared with mean housing price and type of perceived affordable house. The paper presented homebuyer’s preference in housing for the consideration of government and housing developers in providing affordable housing.

Analysis of inclusionary housing as an urban planning instrument of the North in the South: the context of Dhaka

2018 ◽  
Vol 58 (1) ◽  
pp. 19-27
Author(s):  
Kasphia Nahrin
Keyword(s):  
Housing Policy ◽  
Social Inclusion ◽  
Case Study Research ◽  
Housing Affordability ◽  
Capital City ◽  
The South ◽  
Structured Interviews ◽  
Inclusionary Housing ◽  
The North

Abstract Many cities in the North are adopting an inclusionary housing policy in response to housing affordability and social inclusion, which is implemented in very few cities in the South. There is a research gap to determine the potential of this planning instrument in the fast growing cities in developing countries. This research reviews the possibility of implementing inclusionary housing policies there. This is case study research, which has selected Dhaka, the capital city of Bangladesh, as a case study city. Data have been collected from both primary sources (site surveys and in-depth semi-structured interviews) and secondary sources. A qualitative thematic analysis has been performed. This research revealed that implementing inclusionary housing policy in Dhaka is currently challenging due to the lack of legal, financial and organisational capacity. However, this policy can be enabled through the revision of housing policy, the legal and institutional frameworks, financial mechanisms, the knowledge base, and finally through political will.

scholarly journals Housing Affordability and Income-threshold in Social Housing Policy

2016 ◽  
Vol 223 ◽  
pp. 181-186 ◽  
Author(s):  
Grazia Napoli ◽  
Maria Rosa Trovato ◽  
Salvatore Giuffrida
Keyword(s):  
Housing Policy ◽  
Social Housing ◽  
Housing Affordability

scholarly journals Analysing housing market affordability in Northern Ireland: towards a better understanding?

2016 ◽  
Vol 9 (4) ◽  
pp. 554-579 ◽  
Author(s):  
Michael James McCord ◽  
Peadar T. Davis ◽  
Martin Haran ◽  
John McCord
Keyword(s):  
Housing Market ◽  
Housing Policy ◽  
Principal Component ◽  
Housing Affordability ◽  
Response Analysis ◽  
Policy Makers ◽  
Content Type ◽  
Policy Tool ◽  
Integration Techniques ◽  
Housing Services

Purpose The purpose of this research is to examine the nature of housing market affordability. Although the problem of housing affordability has been widely discussed, the theoretical underpinnings of the concept have received less attention. It has become increasingly evident that more holistic insights and integrated approaches are needed to provide a platform to define affordability to influence research and policy discourse. Design/methodology/approach Given the increasing importance of affordability within housing policy reform, this paper seeks to “unearth” the most important prognosticators of affordability. The paper uses principal component analysis to determine how affordability, as a key policy tool, should be analysed. In addition, co integration techniques, Granger causality and impulse response analysis are applied to test the movement and shocks of the key affordability indicators and the two common affordability metrics. Findings The principal conclusions stemming from this paper demonstrate that affordability is a multifaceted policy concept influenced by financial access (purchase) costs and the repayment costs of housing services which are correlated and interchangeable but significantly were found not to be co integrated. Originality/value Understanding the nature of housing market affordability remains problem for policy-makers. This paper adds to the debate and empirical understanding of the cyclic nature of affordability and how it is defined. It shows that there are intricate causal short-term relationships between the key affordability indicators. This is problematic for contemporary housing policy and the key directions in which policy must turn.

scholarly journals Kohtuuhintaisen asumisen hajanainen kokonaisuus

2020 ◽  
Vol 58 (1) ◽  
pp. 10-32
Author(s):  
Elina Sutela ◽  
Sampo Ruoppila ◽  
Jarkko Rasinkangas ◽  
Jutta Juvenius
Keyword(s):  
Housing Policy ◽  
Consumer Choice ◽  
Rental Housing ◽  
Housing Affordability ◽  
Housing Tenure ◽  
Practical Implementation ◽  
Theoretical Approaches ◽  
Housing Costs ◽  
Policy Objectives ◽  
Housing Standards

The article analyses how housing affordability is defined in Finnish housing policy. The data consists of laws, policy documents and expert interviews. Three theoretical approaches are identified: normative definitions, consumer choice and definition by housing tenure. Normative definitions that consider affordability as an intersection of household income, housing costs and housing standards are acknowledged, but not treated as policy objectives. Nevertheless, housing allowances are a practical implementation of this approach. The main aim of housing policy – increasing housing supply to support a balanced market – implies that the housing question is to be solved primarily by the market and, consequently, affordability is defined by consumer choice. Social rental housing is often explicitly referred to as “affordable”. However, limiting the question to one tenure is problematic. The article recommends adopting a normative definition as well as better coordination of housing policy, which is now divided between different ministries.

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