scholarly journals Urban productivity and affordable rental housing supply in Australian cities and regions

2021 ◽  
Author(s):  
Nicole Gurran ◽  
Kath Hulse ◽  
Jago Dodson ◽  
Madeleine Pill ◽  
Robyn Dowling ◽  
...  
Keyword(s):  
Rental Housing ◽  
Labour Markets ◽  
Housing Supply ◽  
Capital Cities ◽  
Urban Productivity

This study examined relationships between urban productivity and affordable rental housing, focusing particularly on the location and availability of affordable rental housing relative to employment and labour markets in Australia’s capital cities and satellite cities.

scholarly journals Urban productivity and affordable rental housing supply in Australian cities and regions

2021 ◽  
Author(s):  
Nicole Gurran ◽  
Kath Hulse ◽  
Jago Dodson ◽  
Madeleine Pill ◽  
Robyn Dowling ◽  
...  
Keyword(s):  
Rental Housing ◽  
Housing Supply ◽  
Urban Productivity

Barriers to Institutional Investment in Rental Housing: A Systematic Review of Market Risks

2021 ◽  
Vol 15 (2) ◽  
pp. 1-15
Author(s):  
Samuel Swanzy-Impraim ◽  
Xin Janet Ge ◽  
Vincent Mangioni
Keyword(s):  
Institutional Investors ◽  
Rental Housing ◽  
Great Influence ◽  
Target Group ◽  
Property Management ◽  
Rental Sector ◽  
Housing Supply ◽  
Institutional Investment ◽  
Housing Investment ◽  
Market Risks

Housing practitioners and policy experts are advocating for an expansion in rental housing supply in contemporary cities around the world. The objective is to convince institutional investors to include rental housing investment in their investment portfolio to contribute to boosting housing supply. Unfortunately, the rental sector is characterized by numerous uncertainties and challenges, making it unattractive to institutional investors. With the growing attention to institutional investors in various housing market contexts, an understanding of the market risks (also known as barriers), is useful to inform future research and policymaking. Using a systematic literature review methodology, this paper synthesizes the extant literature on the market risks inhibiting institutional investment in rental housing. Findings reveal the following barriers: low profitability, non-progressive rent control policies, unclear target group for rented projects, poor landlord-tenant relations, inadequate property management and unreliable property market information. Among all the barriers identified, low profitability and inadequate property management had great influence on their investment decision. Firstly, institutional investors perceive rental housing investment as less profitable and unattractive in terms of project performance. Secondly, the lack of supporting structures for the property management sector contributes to derailing rental yields. The review also finds that the target group for rental projects are often vague especially for projects under government assistance. The rental sectors in many countries are confronted with numerous problems, some of which greatly inhibit institutional investors from investing in the rental asset. This paper concludes that, although the idea of expanding rental housing supply seems laudable, ignoring these problems may be detrimental to housing markets in the long run. Rental markets in many countries are volatile, and thus not ready to receive institutional investors fully into the sector. An expanded rental sector could be advanced if policy makers take the appropriate steps to resolve the identified challenges. Adequate structural preparations must also be made for large scale rental housing supply.

TAXONOMIC ANALYSIS OF DIVERSITY OF LOCAL LABOUR MARKETS IN POLAND

2018 ◽  
Vol 6 ◽  
pp. 437-448
Author(s):  
Ewa Rollnik-Sadowska ◽  
Marta Jarocka ◽  
Ewa Glińska
Keyword(s):  
Labour Market ◽  
Local Level ◽  
Labour Markets ◽  
Labour Market Policy ◽  
Labour Market Situation ◽  
Capital Cities ◽  
Market Policy ◽  
Labour Relations ◽  
Local Labour Markets ◽  
Local Labour

The situation in the labour market is conditioned by many factors that often have a local dimension. Identification of different levels of development of labour demand as well as potential of labour supply on the local level is a crucial element of diagnosis of reasons for regional and local diversity and implementation of an appropriate labour market policy. As there is available a variety of indicators describing regional labour relations, there is a need to create synthetic measure to include different aspects of the labour market situation. The aim of the paper is identification of the diversity of the situation in the local labour markets of all 16 Polish voivodeships. At the first step, a synthetic measure including eight variables was created. At the second stage 16 Polish voivodeships were clustered following Ward’s and k-means methods. As the authors assume that the position of voivodeship labour markets is connected with the position of capital cities, the analysis was deepened by ranking voivodeship cities based on Hellwig’s method. As a result of conducted research and the classification of Polish voivodeships and their capital cities in the context of the situation in the labour market, there have been identified the reasons of regions’ positions and proposed recommendations for the labour market policy. 

scholarly journals Housing Vouchers and the Price of Rental Housing

2015 ◽  
Vol 7 (3) ◽  
pp. 154-176 ◽  
Author(s):  
Michael D. Eriksen ◽  
Amanda Ross
Keyword(s):  
Rental Housing ◽  
Housing Supply ◽  
Housing Vouchers ◽  
Price Increases ◽  
American Housing Survey ◽  
Housing Survey ◽  
Housing Units

We estimate the effect of increasing the supply of housing vouchers on rents using a panel of housing units in the American Housing Survey. We do not find that an increase in vouchers affected the overall price of rental housing but do estimate differences in effects based on an individual unit's rent before the voucher expansion. Our results are consistent with voucher recipients renting more expensive units after receiving the subsidy. We also find that the largest price increases were for units near the maximum allowable voucher rent in cities with an inelastic housing supply. (JEL H23, I38, R31, R38)

Housing Supply and Regulation: A Study of the Rental Housing Market

1983 ◽  
Vol 19 (1) ◽  
pp. 1-18 ◽  
Author(s):  
Richard P. Appelbaum ◽  
John I. Gilderbloom
Keyword(s):  
Housing Market ◽  
Rental Housing ◽  
Housing Supply ◽  
Rental Housing Market

scholarly journals Getting to 8,000 : building a healthier rental market for the Toronto Area

2021 ◽  
Author(s):  
Andrew Cohrs ◽  
Michelle German ◽  
Graham Haines
Keyword(s):  
Rental Housing ◽  
Land Values ◽  
Policy Recommendations ◽  
Housing Supply ◽  
Rental Market

This report finds that a combination of high land values, investor demand for condos, and unequal development financing have resulted in developers favouring condominium construction over purpose-built rental units. It makes several policy recommendations to improve rental housing supply in the Toronto Area.

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