Impact of Housing Finance on Housing Demand due to Demographic Changes

Inadequate housing supply is one of the biggest challenges facing both developed and developing countries today with housingfinance being a critical factor. The informal sector is the largest housing supply system in Ghana but has not been able to meetthe increasing housing demand. This is partly because of inadequate and ineffective financial mechanisms for financing informalhousing provision in Ghana. The Study therefore investigated the major financing mechanisms used by the informal sectorand factors which hinder their access to formal credit facilities. A cross-sectional research design was adopted for the Study.Simple random sampling was used to select the ten communities whilst the convenience sampling method was used to select thehomeowners. A total of 310 interviews were conducted out of the total determined sample size of 392. The major findingsemanating from the Study included the dominant use of informal source of housing finance; the existence of an underdevelopedmortgage market; and uneasy access to formal credit facilities from financial institutions. These have led to homeowners buildingincrementally and hence delay in housing completion. The Study therefore recommends microfinance for housing, site andservices scheme and a non-mortgage lending facility for the informal sector.

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Housing Finance Between Social Welfare and Growth Strategies

Growth and Welfare in Advanced Capitalist Economies ◽

10.1093/oso/9780198866176.003.0010 ◽

2020 ◽

pp. 320-347

Author(s):

Alexander Reisenbichler

Keyword(s):

United States ◽

Welfare State ◽

The United States ◽

Housing Demand ◽

Housing Finance ◽

Growth Strategies ◽

Monetary Policies ◽

Policy Makers ◽

Cost Competitiveness ◽

The Welfare State

Housing and mortgage markets sit at the intersection of growth regimes and the welfare state, as they are engines for economic growth and fulfill important social functions. This chapter shows how the different linkages between housing finance, the welfare state, and growth regimes shape the ways in which policy-makers utilize housing finance policies as growth strategies. In demand-led economies relying on credit and consumption, such as the United States and the United Kingdom, policy-makers can utilize fiscal, off-budget, and monetary policies as “financialized” growth strategies to stimulate housing demand, credit, and consumption. Countries based on export manufacturing, such as Germany, are complementary to conservative housing finance policies that restrain housing and domestic demand to secure cost competitiveness. To illustrate these arguments, the chapter details the contrasting political developments of housing finance policies as growth strategies in the United States and Germany since the 1970s.

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Affordable Housing Finance

10.1057/9780230244368 ◽

2009 ◽

Cited By ~ 5

Author(s):

Kim Hawtrey

Keyword(s):

Affordable Housing ◽

Housing Finance

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Proposal for Refugee Housing in Southeast Europe Utilizing Regionally Appropriate, Sustainable, and Affordable Construction Methods

UF Journal of Undergraduate Research ◽

10.32473/ufjur.v22i0.121586 ◽

2020 ◽

Vol 22 ◽

Author(s):

Hana Cicevic ◽

Sarah Gamble

Keyword(s):

Architectural Design ◽

Housing Demand ◽

Situational Factors ◽

Housing Unit ◽

Southeast Europe ◽

Construction Methods ◽

Permanent Housing ◽

Emergency Housing ◽

Communal Housing ◽

Construction Model

This research focuses on the emergency-housing demand caused by the on-going refugee crisis in Southeastern Europe. The research and proposed solutions focus on Northern Serbia, as this region generally lacks permanent housing solutions for accommodating the increasing influx of immigrants. The outcome of this research is an architectural proposal for the refugee housing unit designed particularly for the situational factors of this focus region. The study identifies earth architecture as the primary building technique, due to its ability to satisfy a range of defined end-product goals. These goals include: the sustainability of the material, quality and durability of the final product, skill level required for non-professional construction, final cost of material and execution, historical regional precedent, and opportunity for communal engagement of the immigrant population. The proposed architectural design uses earth-bag construction as the sub-method most suitable for this location and in keeping with the goals outlined above. The proposed housing unit is a singular component that could be duplicated to create larger communal housing communities. A broad overview of possible solutions is included, followed by the development of the earth-bag construction option. The development of this proposal includes material studies, sketches, and an architectural model as representation tools. The outcomes of this research serve as a guideline, rather than a precise construction model, in creating much needed refugee housing communities in North Serbia.

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Population Policies in Turkey and Demographic Changes on a Social Map

BORDER CROSSING ◽

10.33182/bc.v6i2.493 ◽

2016 ◽

Vol 6 (2) ◽

pp. 240-266 ◽

Cited By ~ 2

Author(s):

Mustafa Murat Yucesahin ◽

Tuğba Adalı ◽

A Sinan Türkyılmaz

Keyword(s):

Population Policy ◽

Developed Countries ◽

Ageing Population ◽

Demographic Changes ◽

Demographic Transitions ◽

Population Policies ◽

Demographic Indicators ◽

The Social ◽

Working Age ◽

Low Levels

Compared to its past structure, Turkey is now a country with low levels of fertility and mortality. This junction that Turkey now has reached is associated with a number of risks, such as an ageing population, and a decreasing working-age population. The antinatalist policy era of Turkey was followed by a period of maintenance, yet the recent demographic changes formed the basis of a pronatalist population policy from the government’s view. This study discusses the link between demographic change and population policies in Turkey. It further aims to position Turkey spatially in relation to selected countries that are in various stages of their demographic transitions with different population policies, using a multidimensional scaling approach with data on 25 selected countries from the UN. The analysis is based on a 34-year period, 1975-2009, so as to better demonstrate Turkey’s international position on a social map, past and present. Our findings suggest that Turkey’s position on the social map shifted towards developed countries over time in terms of demographic indicators and population policies.

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