Challenges Of The Housing Economy
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Challenges of the Housing Economy
Author | : Colin Jones,Michael White,Neil Dunse |
Publsiher | : John Wiley & Sons |
Total Pages | : 337 |
Release | : 2012-03-05 |
Genre | : Law |
ISBN | : 9781118280836 |
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This timely book addresses key challenges faced by policy makers and the house-building industry in a post-credit crunch world. It examines the implications for households, the housing market, the economy, as well as for government's policy choices. Challenges of the Housing Economy: an international perspective brings together experts from around the world to examine recent housing market trends. The contributions reveal common long-term trends in housing markets worldwide. Despite differences in supply conditions and the role of planning, there is a trend toward rising house prices that has created significant barriers to home ownership for young households while increasing the wealth of older generations. The financial crisis had a differential impact on housing markets but in many countries where mortgage finance became severely constrained, house prices fell and there was a dramatic fall in housing construction. The falls in house prices in these countries have ostensibly improved affordability but the housing markets have been dominated by the lowering of loan to values applicable to new mortgages which has further raised the hurdles to potential first-time purchasers. At the same time as young households are increasingly rationed out of owner-occupation, public sector expenditure cut-backs in many countries result in limited new social housing. Instead, value for money imperatives will mean new funding models for affordable housing that require greater use of public-private partnerships. The private rented sector could potentially meet the demand for the new generation of long-term renters. However, there are doubts - in the UK at least - that this sector will be able to expand significantly or provide an appropriate type and standard of housing. This is an essential advanced text for students and researchers of land economy and land management; property and real estate; housing policy; and urban studies.
Housing Markets and the Economy
Author | : Karl E. Case |
Publsiher | : Lincoln Inst of Land Policy |
Total Pages | : 417 |
Release | : 2009 |
Genre | : Business & Economics |
ISBN | : 1558441840 |
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Based on the work of Karl "Chip" Case, who is renowned for his scientific contributions to the economics of housing and public policy, this is a must read during a time of restructuring our nation's system of housing finance.
Housing Market Challenges in Europe and the United States
Author | : P. Arestis,P. Mooslechner,Karin Wagner |
Publsiher | : Springer |
Total Pages | : 269 |
Release | : 2009-11-18 |
Genre | : Business & Economics |
ISBN | : 9780230246980 |
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Housing finance structures and Institutional and regulatory/fiscal aspects in housing have changed significantly in recent years. This book examines the development in housing markets in Europe and the US, and looks at ways to make housing more affordable and housing market developments more stable.
Challenges of the Housing Economy
Author | : Colin Jones,Michael White,Neil Dunse |
Publsiher | : John Wiley & Sons |
Total Pages | : 337 |
Release | : 2012-05-29 |
Genre | : Law |
ISBN | : 9780470672334 |
Download Challenges of the Housing Economy Book in PDF, Epub and Kindle
This timely book addresses key challenges faced by policy makers and the house-building industry in a post-credit crunch world. It examines the implications for households, the housing market, the economy, as well as for government's policy choices. Challenges of the Housing Economy: an international perspective brings together experts from around the world to examine recent housing market trends. The contributions reveal common long-term trends in housing markets worldwide. Despite differences in supply conditions and the role of planning, there is a trend toward rising house prices that has created significant barriers to home ownership for young households while increasing the wealth of older generations. The financial crisis had a differential impact on housing markets but in many countries where mortgage finance became severely constrained, house prices fell and there was a dramatic fall in housing construction. The falls in house prices in these countries have ostensibly improved affordability but the housing markets have been dominated by the lowering of loan to values applicable to new mortgages which has further raised the hurdles to potential first-time purchasers. At the same time as young households are increasingly rationed out of owner-occupation, public sector expenditure cut-backs in many countries result in limited new social housing. Instead, value for money imperatives will mean new funding models for affordable housing that require greater use of public-private partnerships. The private rented sector could potentially meet the demand for the new generation of long-term renters. However, there are doubts - in the UK at least - that this sector will be able to expand significantly or provide an appropriate type and standard of housing. This is an essential advanced text for students and researchers of land economy and land management; property and real estate; housing policy; and urban studies.
The Economic Problems of Housing
Author | : Adela Adam Nevitt |
Publsiher | : Unknown |
Total Pages | : 328 |
Release | : 1967 |
Genre | : Electronic Book |
ISBN | : 1349084751 |
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Hot Property
Author | : Rob Nijskens,Melanie Lohuis,Paul Hilbers,Willem Heeringa |
Publsiher | : Springer |
Total Pages | : 220 |
Release | : 2019-06-14 |
Genre | : Business & Economics |
ISBN | : 9783030116743 |
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This open access book discusses booming housing markets in cities around the globe, and the resulting challenges for policymakers and central banks. Cities are booming everywhere, leading to a growing demand for urban housing. In many cities this demand is out-pacing supply, which causes house prices to soar and increases the pressure on rental markets. These developments are posing major challenges for policymakers, central banks and other authorities responsible for ensuring financial stability, and economic well-being in general.This volume collects views from high-level policymakers and researchers, providing essential insights into these challenges, their impact on society, the economy and financial stability, and possible policy responses. The respective chapters address issues such as the popularity of cities, the question of a credit-fueled housing bubble, the role of housing supply frictions and potential policy solutions. Given its scope, the book offers a revealing read and valuable guide for everyone involved in practical policymaking for housing markets, mortgage credit and financial stability.
The Economic Problems of Housing
Author | : International Economic Association |
Publsiher | : New York : St. Martin's Press |
Total Pages | : 364 |
Release | : 1967 |
Genre | : Housing |
ISBN | : STANFORD:36105044241524 |
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Understanding Affordability
Author | : Meen, Geoffrey,Whitehead, Christine |
Publsiher | : Policy Press |
Total Pages | : 304 |
Release | : 2020-07-08 |
Genre | : Business & Economics |
ISBN | : 9781529211887 |
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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.