Download or read book Measuring Housing Affordability written by Vanessa Brown Calder and published by . This book was released on 2016 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Measuring Housing Affordability written by Robert J. Hill and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We draw a distinction between the concepts of purchase affordability (whether a household is able to borrow enough funds to purchase a house) and repayment affordability (the burden imposed on a household of repaying the mortgage). We operationalize this distinction in the context of a new methodology for constructing affordability measures that draws on the value-at-risk concept and takes account of the whole distribution of household income and house prices rather than just the median. Empirically we find that the distinction between purchase and repayment affordability can be pronounced. In the Sydney prime mortgage market over the period 1996 to 2006, repayment affordability deteriorated very significantly while purchase affordability remained quite stable. This difference can be attributed to the loosening of credit constraints in the mortgage market which it seems has carried through primarily into higher house prices. We also consider how median house-price-to-income ratio measures of affordability can be extended to take account of the whole distribution of income and house prices. We propose a new quantile based measure which indicates that the housing affordability problem may be systematically worse than suggested by standard median measures.
Download or read book Shelter Poverty written by Michael Stone and published by Temple University Press. This book was released on 1993-06-27 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: "...the most original--and profoundly disturbing--work on the critical issue of housing affordability...." --Chester Hartman, President, Poverty and Race Research Action Council In Shelter Poverty, Michael E. Stone presents the definitive discussion of housing and social justice in the United States. Challenging the conventional definition of housing affordability, Stone offers original and powerful insights about the nature, causes, and consequences of the affordability problem and presents creative and detailed proposals for solving a problem that afflicts one-third of this nation. Setting the housing crisis into broad political, economic, and historical contexts, Stone asks: What is shelter poverty? Why does it exist and persist? and How can it be overcome? Describing shelter poverty as the denial of a universal human need, Stone offers a quantitative scale by which to measure it and reflects on the social and economic implications of housing affordability in this country. He argues for "the right to housing" and presents a program for transforming a large proportion of the housing in this country from an expensive commodity into an affordable social entitlement. Employing new concepts of housing ownership, tenure, and finance, he favors social ownership in which market concepts have a useful but subordinate role in the identification of housing preferences and allocation. Stone concludes that political action around shelter poverty will further the goal of achieving a truly just and democratic society that is also equitably and responsibly productive and prosperous.
Download or read book Encyclopedia of Quality of Life and Well Being Research written by Alex C. Michalos and published by Springer. This book was released on 2014-02-12 with total page 7347 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this encyclopedia is to provide a comprehensive reference work on scientific and other scholarly research on the quality of life, including health-related quality of life research or also called patient-reported outcomes research. Since the 1960s two overlapping but fairly distinct research communities and traditions have developed concerning ideas about the quality of life, individually and collectively, one with a fairly narrow focus on health-related issues and one with a quite broad focus. In many ways, the central issues of these fields have roots extending to the observations and speculations of ancient philosophers, creating a continuous exploration by diverse explorers in diverse historic and cultural circumstances over several centuries of the qualities of human existence. What we have not had so far is a single, multidimensional reference work connecting the most salient and important contributions to the relevant fields. Entries are organized alphabetically and cover basic concepts, relatively well established facts, lawlike and causal relations, theories, methods, standardized tests, biographic entries on significant figures, organizational profiles, indicators and indexes of qualities of individuals and of communities of diverse sizes, including rural areas, towns, cities, counties, provinces, states, regions, countries and groups of countries.
Download or read book Analyzing Measurements of Housing Affordability written by Zi Cai and published by . This book was released on 2017 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Measuring housing affordability is a key challenge for most communities. Traditionally, the 30 percent rent-income ratio has been the cornerstone of housing affordability policies. Recently, however, a number of researchers have recommended new affordability measures. Given the complexity of determining realistic housing affordability, identifying the best and most appropriate measure is a challenge. This thesis is the first research attempt to develop a comprehensive methodological framework for the comparative assessment of commonly used housing affordability indicators. Six housing affordability measures were selected for analysis: NAR Housing Affordability Index, HUD Guideline, Amenity-Based Housing Affordability Index, H+T Affordability Index, Shelter Poverty Measure, and Self-Sufficiency Standard. These measures were compared in terms of their underlying standards, data accuracy, and comprehensiveness. Specific indicators for each of the three components were developed and applied to the six housing affordability indicators. Detailed analysis of the collected data revealed that the Self-Sufficiency Standard measure is the best measure of housing affordability among the six indicators analyzed. This measure outranks each of the other measures on all three dimensions of comparison. Therefore, it is recommended that local planners, stakeholders, and policymakers adopt the Self-Sufficiency Standard to assess housing affordability outcomes.
Download or read book Measuring Housing Affordability written by Christine M. E. Whitehead and published by . This book was released on 2009 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Right to Housing written by Rachel G. Bratt and published by Temple University Press. This book was released on 2006 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of America's housing crisis by the leading progressive housing activists in the country.
Download or read book Measuring Housing Affordability in an Emerging Market written by Gary J. Rangel and published by . This book was released on 2017 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: The problem of housing affordability is a phenomenon that affects both developed and developing countries across the world. Researchers have tried to operationalize measures of housing affordability, resulting in short-run measures such as the median multiple approach, the expenditure-to-income ratio and the residual income approach. Using the lifetime income approach developed by Abeysinghe and Gu (2011), we track and analyze long-run housing affordability in Malaysia at various household income percentiles from 1995 to 2014. We do this via the computation of the Housing Affordability Index and the Mortgage Affordability Index, with the latter based on the intergenerational transfers literature relevant in the Malaysian context. The results show that households at the 25th income percentile cannot afford any of the four dwelling types in Malaysia. For the 40th income percentile and those households at median income levels, high-rise and terrace housing are affordable. However, we document significant downward trends in the housing affordability index and the mortgage affordability index starting in 2009, which indicates increasing housing stress for households at or below the median income. We also demonstrate how contradicting conclusions on housing affordability are reached if a median multiple approach had been used. Based on the results, we contribute to the literature on housing affordability by suggesting general proposals to ameliorate the housing affordability problem in the context of a developing country such as Malaysia.
Download or read book The Affordable City written by Shane Phillips and published by Island Press. This book was released on 2020-09-15 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Los Angeles to Boston and Chicago to Miami, US cities are struggling to address the twin crises of high housing costs and household instability. Debates over the appropriate course of action have been defined by two poles: building more housing or enacting stronger tenant protections. These options are often treated as mutually exclusive, with support for one implying opposition to the other. Shane Phillips believes that effectively tackling the housing crisis requires that cities support both tenant protections and housing abundance. He offers readers more than 50 policy recommendations, beginning with a set of principles and general recommendations that should apply to all housing policy. The remaining recommendations are organized by what he calls the Three S’s of Supply, Stability, and Subsidy. Phillips makes a moral and economic case for why each is essential and recommendations for making them work together. There is no single solution to the housing crisis—it will require a comprehensive approach backed by strong, diverse coalitions. The Affordable City is an essential tool for professionals and advocates working to improve affordability and increase community resilience through local action.
Download or read book Evicted written by Matthew Desmond and published by Crown. This book was released on 2017-02-28 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: NEW YORK TIMES BESTSELLER • WINNER OF THE PULITZER PRIZE • NAMED ONE OF TIME’S TEN BEST NONFICTION BOOKS OF THE DECADE • One of the most acclaimed books of our time, this modern classic “has set a new standard for reporting on poverty” (Barbara Ehrenreich, The New York Times Book Review). In Evicted, Princeton sociologist and MacArthur “Genius” Matthew Desmond follows eight families in Milwaukee as they each struggle to keep a roof over their heads. Hailed as “wrenching and revelatory” (The Nation), “vivid and unsettling” (New York Review of Books), Evicted transforms our understanding of poverty and economic exploitation while providing fresh ideas for solving one of twenty-first-century America’s most devastating problems. Its unforgettable scenes of hope and loss remind us of the centrality of home, without which nothing else is possible. NAMED ONE OF THE BEST BOOKS OF THE YEAR BY President Barack Obama • The New York Times Book Review • The Boston Globe • The Washington Post • NPR • Entertainment Weekly • The New Yorker • Bloomberg • Esquire • BuzzFeed • Fortune • San Francisco Chronicle • Milwaukee Journal Sentinel • St. Louis Post-Dispatch • Politico • The Week • Chicago Public Library • BookPage • Kirkus Reviews • Library Journal • Publishers Weekly • Booklist • Shelf Awareness WINNER OF: The National Book Critics Circle Award for Nonfiction • The PEN/John Kenneth Galbraith Award for Nonfiction • The Andrew Carnegie Medal for Excellence in Nonfiction • The Hillman Prize for Book Journalism • The PEN/New England Award • The Chicago Tribune Heartland Prize FINALIST FOR THE LOS ANGELES TIMES BOOK PRIZE AND THE KIRKUS PRIZE “Evicted stands among the very best of the social justice books.”—Ann Patchett, author of Bel Canto and Commonwealth “Gripping and moving—tragic, too.”—Jesmyn Ward, author of Salvage the Bones “Evicted is that rare work that has something genuinely new to say about poverty.”—San Francisco Chronicle
Download or read book National Analysis of Housing Affordability Adequacy and Availability written by Amy Bogdon and published by . This book was released on 1994 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Measuring Housing Costs and Housing Affordability Using SOEP an Example Applied to Older Households written by Alberto Lozano Alcántara and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the methodological issues to take into account when using SOEP as a database for calculating a measure of housing costs and housing affordability. For this purpose, we focus on the evolution of housing costs for households headed by elderly people between 1998 and 2018. Our review yields two clear conclusions: (1) that SOEP represents a valuable source of data for calculating household housing costs; and (2) that it is important to take changes made in the SOEP questionnaires into account and to make the appropriate assumptions when one wishes to analyse how housing costs have evolved over time (or how they evolve over the life course). Besides, our results confirm previous studies (Romeu Gordo, Grabka, Lozano Alcántara, Engstler, & Vogel, 2019) by showing that housing costs tend to be higher for elderly tenants than for the homeowners and that this difference widened during the period between 1998 and 2018.
Download or read book Towards a More Nuanced Approach to Measuring Housing Affordability written by Lynch and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Generation Priced Out written by Randy Shaw and published by . This book was released on 2020 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Generation Priced Out is a call for action on one of the most talked about issues of our time: how skyrocketing rents and home values are pricing out the working and middle-class from urban America. Telling the stories of tenants, developers, politicians, homeowner groups, and housing activists from over a dozen cities impacted by the national housing crisis, Generation Priced Out criticizes cities for advancing policies that increase economic and racial inequality. Shaw also exposes how boomer homeowners restrict millennials' access to housing in big cities, a generational divide that increasingly dominates city politics. Defying conventional wisdom, Shaw demonstrates that rising urban unaffordability and neighborhood gentrification are not inevitable. He offers proven measures for cities to preserve and expand their working- and middle-class populations and achieve more equitable and inclusive outcomes. Generation Priced Out is a must-read for anyone concerned about the future of urban America"--Provided by publisher
Download or read book Measuring Housing Affordability in Sao Paulo Metropolitan Region written by Arthur Acolin and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a novel measure of affordability for the Sao Paulo metropolitan region that combines housing costs and transportation costs, including opportunity cost associated with commuting time. We also contribute to existing measures of housing affordability in Brazil by imputing housing costs for owners using the owner equivalent rent approach. Our measure enables us to track the evolution of affordability over the period 2007-2013 using PNAD microdata. The results indicate that the number of households spending more than 30 percent of their income on housing or 45 percent or more on housing and transportation costs combined has been increasing rapidly over that period. This measure of affordability can be integrated to a broader measure of housing needs to guide housing policy in addressing housing conditions that have negative effects on individual and social welfare.
Download or read book Looking Beyond the Median Multiple written by Harshal Chitale and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Urban Planning and the Housing Market written by Nicole Gurran and published by Springer. This book was released on 2017-05-31 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book re-examines the role of urban policy and planning in relation to the housing market in an era of global uncertainty and change. The relationship between planning and the housing market is a contested problem across research, policy, and practice. Problems with housing supply and affordability in many nations have been linked to planning system constraints, while the global financial crisis has raised new questions about the role of urban planning regulation and processes in responding to housing market trends. With reference to international cases from the United Kingdom, the United States, Ireland, Hong Kong and Australia, the book examines how different systems of urban planning and governance address complex and dynamic housing market trends. It also offers practical guidance on how urban planning can support an efficient supply of appropriate and affordable homes in preferred locations. A detailed study, which explains and decodes the workings of the planning system and housing market, this book will be of particular interest to scholars of human geography and urban planning, as well as housing policy makers and practitioners. To view Nicole Gurran’s related TEDx talk please visit: Housing Crisis? How about housing solutions. TEDx Sydney 2018 (http://bit.ly/2psfpMw)
