Understanding Affordability

The Economics of Housing Markets

AvGeoffrey Meen,Christine Whitehead

Inbunden, Engelska, 2020

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Beskrivning

For many younger and lower-income people, housing affordability continues to worsen. Based on the academic research of two distinguished housing economists – and stimulated by working with governments across the world - this wide-ranging book sets out clear theoretical and empirical frameworks to tackle one of today’s most important socio-economic issues. Housing unaffordability arises from complex forces and a prerequisite to effective policy is understanding the causes of rising house prices and rents and the interactions between housing, housing finance and the macroeconomy. The authors challenge many of the conventional wisdoms in housing policy and offer innovative recommendations to improve affordability.

Produktinformation

Utgivningsdatum:2020-07-08
Mått:156 x 234 x 23 mm
Vikt:672 g
Format:Inbunden
Språk:Engelska
Antal sidor:336
Förlag:Bristol University Press
ISBN:9781529211863

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Mer om författaren

Geoffrey Meen is Professor Emeritus in Applied Economics at the University of Reading and is a member of the UK Collaborative Centre for Housing Evidence.Christine Whitehead is Professor Emeritus in Housing Economics and Deputy Director of LSE London at the London School of Economics.

Innehållsförteckning

Crisis, What Crisis?Is Housing Really Unaffordable?What Factors Determine Changes in House Prices and Rents?Influences on Household Formation and TenureRental AffordabilityWhat Determines the Number of New Homes Built?Housing Demand, Financial Markets and TaxationHousing, Affordability and the MacroeconomyPlanning and the Assessment of Housing Need and DemandRaising the Level of Provate Housing ConstructionSubsidizing the Supply of Rental HousingSubsidizing the Housing Costs of Lower-Income TenantsIncreasing Home OwnershipWhere Do We Go from Here?