Download or read book The Misallocation Problem of Subsidized Housing written by Ka Shing Cheung and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing affordable housing has become one of China's key national policy agenda items. The shared-equity model in Hong Kong, implemented since the late 1970s, has assisted many families in owning a home in the public housing market. However, little attention has been paid to their welfare after acquiring their subsidized units. This study aims to examine how shared-equity homeownership distorts residential mobility through in-kind subsidies. Panel data analysis reveals that the more in-kind subsidies owners receive, the longer they would hold on to their units in spite of spatial mismatches. Private owners, on the other hand, would trade their units without such distortion. Conceptually, the lower mobility of assisted owners could be interpreted as a new source of misallocation in Glaeser and Luttmer's welfare analysis. Practically, this throws into question the sustainability of a subsidizing homeownership policy: does the government ultimately want assisted homeowners to move from public housing to private housing in the future (for which high mobility would be intended)? If so, new thinking on how to make in-kind subsidies transferable is needed. Full paper available at https://doi.org/10.3390/su13041855.
Download or read book Problems in Multifamily Subsidized Housing in Boston written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 1977 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Captured Economy written by Brink Lindsey and published by Oxford University Press. This book was released on 2017-10-13 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: For years, America has been plagued by slow economic growth and increasing inequality. In The Captured Economy, Brink Lindsey and Steven M. Teles identify a common factor behind these twin ills: breakdowns in democratic governance that allow wealthy special interests to capture the policymaking process for their own benefit. They document the proliferation of regressive regulations that redistribute wealth and income up the economic scale while stifling entrepreneurship and innovation. They also detail the most important cases of regulatory barriers that have worked to shield the powerful from the rigors of competition, thereby inflating their incomes: subsidies for the financial sector's excessive risk taking, overprotection of copyrights and patents, favoritism toward incumbent businesses through occupational licensing schemes, and the NIMBY-led escalation of land use controls that drive up rents for everyone else. An original and counterintuitive interpretation of the forces driving inequality and stagnation, The Captured Economy will be necessary reading for anyone concerned about America's mounting economic problems and how to improve the social tensions they are sparking.
Download or read book Scarcity by Design written by Peter Salins and published by . This book was released on 2013-10-01 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The New Housing Shortage written by Graham Hallett and published by Routledge. This book was released on 2021-06-29 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1993, this book is a detailed comparative examination of the housing issue by housing experts, looking at the USA, UK, Germany, the Netherlands and France. The volume offers an excellent blend of critical analysis and practical policy recommendations, including a better targeting of tax concessions, a move back to social housing more diverse than in the past and measures for reducing homelessness. Perennial issues which remain as pertinent today as when the book was first published are also discussed: homelessness, housing affordability for people on low incomes, changes in housing markets.
Download or read book The Misallocation of Housing Under Rent Control written by Edward Ludwig Glaeser and published by . This book was released on 1997 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Under Rewarded Efforts written by Santiago Levy Algazi and published by Inter-American Development Bank. This book was released on 2018-07-11 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why has an economy that has done so many things right failed to grow fast? Under-Rewarded Efforts traces Mexico’s disappointing growth to flawed microeconomic policies that have suppressed productivity growth and nullified the expected benefits of the country’s reform efforts. Fast growth will not occur doing more of the same or focusing on issues that may be key bottlenecks to productivity growth elsewhere, but not in Mexico. It will only result from inclusive institutions that effectively protect workers against risks, redistribute towards those in need, and simultaneously align entrepreneurs’ and workers’ incentives to raise productivity.
Download or read book The Housing Challenge in Emerging Asia written by Matthias Helbe and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Housing Challenge in Emerging Asia: Options and Solutions provides new insights and ideas to best design and implement housing policies aimed at improving access to affordable and adequate housing. The book offers an innovative theoretical framework to conceptualize and analyze various housing policies. It also critically reviews housing policies of various countries and draws lessons for others. The countries studied include advanced economies within and outside Asia, such as Japan, the Republic of Korea, Singapore, Switzerland, the United Kingdom, and the United States, as well as emerging countries within Asia, such as the People's Republic of China and India.
Download or read book The Routledge Handbook of Housing Economics written by Kenneth Gibb and published by Taylor & Francis. This book was released on 2024-02-29 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Routledge Handbook of Housing Economics brings together an international panel of contributors to present a comprehensive overview of this important field within economics. Housing occupies an increasingly central role in modern society, dominating consumer assets and spending, forming an important part of social policy and being a large enough market to impact the macroeconomy. This handbook tackles these themes, along with other critical issues such as intergenerational housing inequality and the efficiency and social justice of housing interventions. This volume is structured in four main parts. It starts with eight chapters in microeconomics and housing. This is followed by two shorter sections on macroeconomics and finance. The final main part of the book is concerned with eight chapters on policy dimensions. While many of the chapters are rooted in mainstream economics and finance applied to housing, there are also chapters stressing institutional, behavioural and political economy orientations, as well as those that explicitly challenge more mainstream accounts. The contributing authors are based in Europe, North America and Australia and all draw in international literature to provide state of the art reviews of their topics. This carefully curated handbook will be essential reading for advanced students, researchers and policy makers in housing economics, urban economics, urban planning, public economics and real estate economics and finance. Chapter 22 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.
Download or read book Housing Economics written by Geoffrey Meen and published by Springer. This book was released on 2016-04-29 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world has still to emerge fully from the housing-triggered Global Financial Crisis, but housing crises are not new. The history of housing shows long-run social progress, littered with major disasters; nevertheless the progress is often forgotten, whilst the difficulties hit the headlines. Housing Economics provides a long-term economic perspective on macro and urban housing issues, from the Victorian era onwards. A historical perspective sheds light on modern problems and the constraints on what can be achieved; it concentrates on the key policy issues of housing supply, affordability, tenure, the distribution of migrant communities, mortgage markets and household mobility. Local case studies are interwoven with city-wide aggregate analysis. Three sets of issues are addressed: the underlying reasons for the initial establishment of residential neighbourhoods, the processes that generate growth, decline and patterns of integration/segregation, and the impact of historical development on current problems and the implications for policy.
Download or read book Government Regulation of FHA on Subsidized Programs written by United States. Congress. House. Committee on the Budget. Task Force on Tax Expenditures, Government Organization, and Regulation and published by . This book was released on 1977 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Subsidy Reform in the Middle East and North Africa written by Mr.Carlo A Sdralevich and published by International Monetary Fund. This book was released on 2014-07-09 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the Middle East and North Africa (MENA) countries price subsidies are common, especially on food and fuels. However, these are neither well targeted nor cost effective as a social protection tool, often benefiting mainly the better off instead of the poor and vulnerable. This paper explores the challenges of replacing generalized price subsidies with more equitable social safety net instruments, including the short-term inflationary effects, and describes the features of successful subsidy reforms.
Download or read book The People s Home written by Michael Harloe and published by John Wiley & Sons. This book was released on 2011-08-15 with total page 609 pages. Available in PDF, EPUB and Kindle. Book excerpt: The People's Home is a magisterial examination of the development of social rented housing over the last hundred years in six advanced capitalist countries - Britain, France, Germany, the Netherlands, Denmark and the USA.
Download or read book The Reform of Housing in Eastern Europe and the Soviet Union written by Jozsef Hegedus and published by Routledge. This book was released on 2005-11-04 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1992. Routledge is an imprint of Taylor & Francis, an informa company.
Download or read book Housing in the Seventies written by and published by . This book was released on 1976 with total page 836 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book European Metropolitan Housing Markets written by Ake E. Andersson and published by Springer Science & Business Media. This book was released on 2007-07-28 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive analysis of housing theory and policy with a focus on metropolitan regions. The results are based on case studies of twelve European metropolitan regions, including expert panels organized in each. Using an approach from the field of industrial economics, the analysis is divided into the three related stages, "structure", "conduct" and "performance."
Download or read book Utopia Between Corrupted Public Responsibility and Contested Modernisation written by Peter Herrmann and published by Nova Publishers. This book was released on 2005 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the present volume Cathal O'Connel looks at the retreat of the public in the area of housing. The changing ownership structures actually affect largely the entire modes of living together societally and socially -- accommodation and settlement structures are reconstructed under a certain aegis of privatised options -- of which an enforced opting-out is one of the forms of the de-civilising role of the 'regulated de-regulation', by which the state is backing out public responsibility, creating space for a new 'invisible hand', though this is highly visible in form of multinational capital. The same shift of the 'individualisation of the social' is pertinent in third level education which Deirdre Ryan and Peter Herrmann are investigating. In the EU, the current debate on what is called 'Services of General Interests' the focus is on access and quality. Ryan/Herrmann clarify in a distinguished way that in this educational context economy matters not only in regard of accessibility, but as well in quality not least in the meaning of 'trimming substance'. What in these cases is more linked to individual policy areas, radiating and affecting indirectly the entire societal and social fabric, is mirrored and coined by the wider mechanisms of policy making and actually politics. Catherine Forde points on respective mechanisms in local government, making clear that formal restructuration actually does not open 'closed systems'; instead they create a kind of black whole -- claims of opening spaces for participation degenerate into unlevelled playgrounds. Problems of balancing such 'open spaces' between the formal openness and the actually available 'real living space' are topical in Rosie Meade's contribution. It is getting obvious that responsibility is both a question of rights and personal commitment. Joe Finnerty in his contribution points on the most important fact, that the role of scientific research and the measurement of social and societal processes is as well not least a matter of commitment -- it has to be guaranteed and clarified and 'objective reason' is not concerned with expelling subjective factors and artificially reducing complexity by constructing arithmetical constraints; instead, the development of indicator-oriented methods has to sublate and supersede complexity.
