The Geography of Housing Affordability and Housing Investment Opportunity: A Case Study of Melbourne

Author(s):  
Muharem H. Karamujic
Buildings ◽  
2018 ◽  
Vol 8 (11) ◽  
pp. 160
Author(s):  
Kate Sarkodee ◽  
Andrew Martel

Australia’s National Disability Insurance Scheme Specialist Disability Accommodation (NDIS SDA) program anticipates new, disability specific, housing stock being built by private investors incentivized by cash payments and rental income. To date, very few new SDA dwellings have been constructed and the majority of the research and analysis of the program’s potential has been in the context of apartment construction in major capital city markets in Australia. This paper uses a hypothetical case study of building SDA accommodation in a discrete regional Indigenous community, Yarrabah, in Queensland. It investigates underlying assumptions within the scheme, particularly around the relationship of land to investment outcomes, as well as cultural considerations. An important aspect is to test how effectively the design guidelines associated with the scheme translate into an appropriate built form that is culturally and environmentally appropriate in locations outside major urban centres. The results suggest that housing actors from the not-for-profit sector may benefit from the SDA at the expense of profit-driven, market-based housing developers, and that the SDA design categories offer limited flexibility for participants with changing care needs, potentially restricting resident continuity in occupancy and ongoing return on investment. The work offers an early assessment on the workability of the SDA in the context of housing investment in a new market for the private housing industry.


2021 ◽  
pp. 0160323X2110494
Author(s):  
Carla Flink ◽  
Rebecca J. Walter ◽  
Xiaoyang Xu

Diffusion models explore the reasons policies transfer across governments. In this study, we focus on U.S. state level efforts in affordable housing. Drawing predominately from policy diffusion literature, our research examines the determinants of the creation of state Housing Trust Funds (HTFs). We utilize event history analysis with logit regressions and survival modeling to examine how problem severity, neighbor adoption, economic standing, elected leadership, housing investment, and demographics predict state HTF adoption. Results indicate that both problem severity and elected leadership predict the adoption of HTFs. This work improves our understanding of state policy diffusion and efforts in housing affordability.


Urban Studies ◽  
2018 ◽  
Vol 56 (13) ◽  
pp. 2709-2726 ◽  
Author(s):  
Ismael Yrigoy

In light of the advent of Airbnb, rent gap theory can be helpful for understanding how tourist rentals affect residential rental housing. It is argued that on those properties currently rented to residents, rental payments are not only ‘actual ground rent’, but also ‘potential ground rent’. The shift from a residential to a touristic use of rental housing thereby creates a potential ground rent. Taking as a case study the Palma Old Quarter in Mallorca, Spain, this paper analyses the evolution of the stock, prices, and revenues of residential rentals vis-à-vis tourist rentals and finds that, because it is more profitable to rent to tourists than to residents, the number of houses listed on Airbnb has increased, housing affordability for residents has shrunk, and the threat of displacement has increased.


2018 ◽  
Vol 58 (1) ◽  
pp. 19-27
Author(s):  
Kasphia Nahrin

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.


Sign in / Sign up

Export Citation Format

Share Document