scholarly journals Undermining housing affordability for New York’s low-income households: The role of policy reform and rental sector restructuring

2016 ◽  
Vol 36 (2) ◽  
pp. 265-288 ◽  
Author(s):  
Justin Kadi ◽  
Richard Ronald
Keyword(s):  
Low Income ◽  
Policy Reform ◽  
Housing Affordability ◽  
Rental Sector ◽  
Low Income Households

scholarly journals Can Malaysia’s National Affordable Housing Policy Guarantee Housing Affordability of Low-Income Households?

2021 ◽  
Vol 13 (16) ◽  
pp. 8841
Author(s):  
Jian Liu ◽  
Huay Ying Ong
Keyword(s):  
Housing Policy ◽  
Affordable Housing ◽  
Low Income ◽  
Household Income ◽  
Housing Affordability ◽  
Housing Policies ◽  
Compliance Cost ◽  
Income Groups ◽  
Low Income Groups ◽  
Low Income Households

Housing affordability is a long-held issue in Malaysia, and housing policies have been implemented for low-income households over the years. However, there is a contradiction that housing affordability of low-income households has not been met, while the bulk of affordable housing is still vacant. In 2019, Malaysia enacted the National Affordable Housing Policy (DRMM) which was intended to improve housing affordability for low-income groups. This paper aims to answer why Malaysia’s long-term implementation of affordable housing policies cannot guarantee housing affordability, and whether the DRMM can effectively improve housing affordability as expected, by comparing the empirical factors of housing affordability. A literature review and a comparative analysis are adopted in the research. The paper concludes that low household income, high land price, construction cost and compliance cost, mismatch of supply and demand in terms of quantity, the instability of the national economy, low home financing ability, and incomprehensive housing planning have caused low housing affordability of low-income groups in Malaysia. The DRMM as anticipated can improve housing affordability by supplying affordable housing more precisely, lowering housing costs, and improving home financing ability. However, the exclusion of household income and economic factors may cause the ineffectiveness of the DRMM in improving housing affordability for low-income households.

scholarly journals Inheritance, gifts and the accumulation of wealth for low-income households

2021 ◽  
Vol 31 (5) ◽  
pp. 533-548
Author(s):  
Salvatore Morelli ◽  
Brian Nolan ◽  
Juan C Palomino ◽  
Philippe Van Kerm
Keyword(s):  
Low Income ◽  
Transfer Scheme ◽  
Wealth Transfer ◽  
Policy Responses ◽  
The Past ◽  
Low Incomes ◽  
Marked Decline ◽  
Rich Countries ◽  
Low Income Households

Many low-income households in rich countries have very little wealth, but the role of intergenerational wealth transmission in underpinning this deficit is not known. This article seeks to fill that gap by investigating patterns of past wealth transfer receipt for low-income versus other households in seven rich countries and assessing the contribution that these transfers, or their absence, make to current wealth levels. We find that households on low incomes are relatively disadvantaged in terms of intergenerational transfers received in the past, both in terms of the likelihood of having received any and the amounts received by those who do benefit from such transfers. The role that this disadvantage plays in the linkage between current low-income and low wealth is assessed and evidence presented that it is significant. Simulation of a universal wealth transfer scheme or ‘capital endowment’ on reaching adulthood for two countries shows that such a policy could lead to a marked decline in the proportion of low-income adults with negative or no wealth. This and alternative or complementary policy responses to these wealth deficits merit the most serious attention.

scholarly journals Development Initiatives, Micro-Enterprise Performance and Sustainability

2018 ◽  
Vol 6 (3) ◽  
pp. 74 ◽  
Author(s):  
Wan Mustapa ◽  
Abdullah Al Mamun ◽  
Mohamed Ibrahim
Keyword(s):  
Low Income ◽  
Training Programs ◽  
Peninsular Malaysia ◽  
Enterprise Performance ◽  
Enterprise Development ◽  
Working Capital ◽  
Development Organizations ◽  
Development Initiatives ◽  
Low Income Households

Towards improving the socio-economic condition of low-income households, development organizations offer a repertoire of initiatives. This study focused on the impacts of access to working capital and enterprise development training programs, on the performance and sustainability of micro-enterprises owned and managed by low-income households, in the state of Kelantan, Peninsular Malaysia. The data of 450 micro-entrepreneurs, was randomly selected from the participants’ list of three development organizations servicing Kelantan: Amanah Ikhtiar Malaysia (AIM); National Entrepreneurs Economic Group Fund (TEKUN); and Malaysia Fisheries Development Board (LKIM). This study revealed several participation indicators (i.e., years of participation, total number of trainings, total number of training hours received, and number of center meetings or discussions attended, etc.), which have a positive effect on micro-enterprise performance and sustainability. However, the findings were inconclusive as one of the key participation indicators, ‘total amount of economic loans received’, showed a negative (not statistically significant) effect on micro-enterprise performance and sustainability. This study expanded the limited literature on micro-enterprise performance and sustainability, and the role of working capital and enterprise development training programs; thus providing a clearer understanding of the effectiveness of current development initiatives.

The Role of Earned Income Tax Credit in the Budgets of Low-Income Households

2012 ◽  
Vol 86 (3) ◽  
pp. 367-400 ◽  
Author(s):  
Ruby Mendenhall ◽  
Kathryn Edin ◽  
Susan Crowley ◽  
Jennifer Sykes ◽  
Laura Tach ◽  
...  
Keyword(s):  
Low Income ◽  
Income Tax ◽  
Earned Income Tax Credit ◽  
Tax Credit ◽  
Earned Income ◽  
Low Income Households

scholarly journals Inheritance, Gifts and the Wealth Deficit of Low-Income Households

2021 ◽  
Author(s):  
Salvatore Morelli ◽  
Brian Nolan ◽  
Juan Palomino ◽  
Philippe Van Kerm
Keyword(s):  
Low Income ◽  
Transfer Scheme ◽  
Wealth Transfer ◽  
Working Paper ◽  
Policy Responses ◽  
Low Incomes ◽  
Marked Decline ◽  
Rich Countries ◽  
Low Income Households

Many low-income households in rich countries have very little wealth, but the role of intergenerational wealth transmission in underpinning this deficit is not known. This paper seeks to fill that gap by investigating patterns of past wealth transfer receipt for low-income versus other households in seven rich countries and assessing the contribution that these transfers, or their absence, make to current wealth levels. We find that households on low incomes are relatively disadvantaged in terms of intergenerational transfers received in the past, both in terms of the likelihood of having received any and the amounts received by those who do benefit from such transfers. The role that this disadvantage plays in the linkage between current low income and low wealth is assessed and evidence presented that it is significant. Simulation of a universal wealth transfer scheme or ‘capital endowment’ on reaching adulthood for two countries shows that such a policy could lead to a marked decline in the proportion of low-income adults with no wealth. This and alternative or complementary policy responses to these wealth deficits merit the most serious attention. (Stone Center on Socio-Economic Inequality Working Paper)

Raising the Poverty Plateau: The Impact of Means-tested Rebates from Local Authority Charges on Low Income Households

1999 ◽  
Vol 28 (3) ◽  
pp. 497-516 ◽  
Author(s):  
PETE ALCOCK ◽  
SARAH PEARSON
Keyword(s):  
Social Policy ◽  
Low Income ◽  
Local Authority ◽  
National Policy ◽  
Poverty Traps ◽  
Local Authorities ◽  
Means Testing ◽  
The Impact ◽  
Low Income Households

The role of means-testing within social policy has become more important and more central in the 1990s. However, extensive reliance on means-testing brings with it the accompanying problems of the unemployment and poverty traps. In the 1990s these take on more of the form of a poverty plateau, accentuated by a new savings trap. This article uses hypothetical calculations of benefit entitlement in order to explore the extent of the poverty plateau, and looks in particular at the impact on this of the growing use of means-tested rebates by local authorities. Means-tested rebates have been developed by authorities because of a concern that the new charges for services that they are making might disadvantage poor local citizens. Drawing on work of one typical authority, this article reveals that these rebates do add significantly to the poverty plateau, and yet that this is an issue which is little understood by both local and national policy planners.

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