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 Price Elasticities of Housing Supply written by C. Peter Rydell and published by . This book was released on 1982 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzes the price elasticity of the supply of rental housing services, defined as the percentage increase in supply associated with a one percent increase in price. The purpose of the report is to predict the price changes associated with supply responses to shifts in demand. Section II analyzes each component of supply response separately. It presents price elasticities for the repair, inventory, and occupancy responses to demand shifts. It reviews the literature on all three and offers new estimates for the second and third (the estimates are based on the analysis of Annual Housing Survey data from the U.S. Census Bureau reported in Appendix B). Section III combines the three individual supply elasticities into a composite elasticity. It accomplishes the integration using a model of housing-market responses to demand shifts presented in Appendix C. The model was built during the Housing Assistance Supply Experiment to explain the housing market's response to demand shifts caused by an experimental housing allowance program.
Download or read book Hot Property written by Rob Nijskens and published by Springer. This book was released on 2019-06-14 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Strong Towns written by Charles L. Marohn, Jr. and published by John Wiley & Sons. This book was released on 2019-10-01 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new way forward for sustainable quality of life in cities of all sizes Strong Towns: A Bottom-Up Revolution to Build American Prosperity is a book of forward-thinking ideas that breaks with modern wisdom to present a new vision of urban development in the United States. Presenting the foundational ideas of the Strong Towns movement he co-founded, Charles Marohn explains why cities of all sizes continue to struggle to meet their basic needs, and reveals the new paradigm that can solve this longstanding problem. Inside, you’ll learn why inducing growth and development has been the conventional response to urban financial struggles—and why it just doesn’t work. New development and high-risk investing don’t generate enough wealth to support itself, and cities continue to struggle. Read this book to find out how cities large and small can focus on bottom-up investments to minimize risk and maximize their ability to strengthen the community financially and improve citizens’ quality of life. Develop in-depth knowledge of the underlying logic behind the “traditional” search for never-ending urban growth Learn practical solutions for ameliorating financial struggles through low-risk investment and a grassroots focus Gain insights and tools that can stop the vicious cycle of budget shortfalls and unexpected downturns Become a part of the Strong Towns revolution by shifting the focus away from top-down growth toward rebuilding American prosperity Strong Towns acknowledges that there is a problem with the American approach to growth and shows community leaders a new way forward. The Strong Towns response is a revolution in how we assemble the places we live.
Download or read book The Supply of Rented Housing written by Great Britain. Parliament. House of Commons. Communities and Local Government Committee and published by The Stationery Office. This book was released on 2008 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rented housing accounts for some 30 per cent of Britain's housing stock. The supply of rented housing is a crucial element of the programme of action necessary to achieve the aim of a decent home, at a price people can afford, within a sustainable community. More supply of rented housing is needed: 50,000 social rented homes need to be completed each year to meet new demand and tackle the backlog. Further significant increases in supply in the private rented sector will require large institutional investors to be attracted back to the sector. Tax and regulatory reform are the levers which will encourage such investment. Meanwhile, there are improvements to be made to the existing stock in both the private and the social rented sectors which will both improve supply and improve the experience of the tenants. The efficiencies which have been brought to the refurbishment and construction of social rented homes by the growth of housing associations, the ring-fencing of local authority landlord accounts and the introduction of ALMOs now need to be applied to the management of the existing social rented stock. Better regulation is the imperative in the private rented sector. Good foundations exist to introduce a system of accreditation devised by trade bodies and enforced by local authorities, with the ultimate oversight of the new regulator of social housing, Oftenant. The Government now needs to build on those foundations, and to add to them further financial and regulatory incentives to private landlords to manage and maintain their stock effectively. The Committee calls for the creation of mixed communities to pervade all spatial and housing policy, and for local authorities to be given the freedom, support and resources necessary to pursue this aim.
Download or read book Homelessness Is a Housing Problem written by Gregg Colburn and published by Univ of California Press. This book was released on 2022-03-15 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using rich and detailed data, this groundbreaking book explains why homelessness has become a crisis in America and reveals the structural conditions that underlie it. In Homelessness Is a Housing Problem, Gregg Colburn and Clayton Page Aldern seek to explain the substantial regional variation in rates of homelessness in cities across the United States. In a departure from many analytical approaches, Colburn and Aldern shift their focus from the individual experiencing homelessness to the metropolitan area. Using accessible statistical analysis, they test a range of conventional beliefs about what drives the prevalence of homelessness in a given city—including mental illness, drug use, poverty, weather, generosity of public assistance, and low-income mobility—and find that none explain the regional variation observed across the country. Instead, housing market conditions, such as the cost and availability of rental housing, offer a far more convincing account. With rigor and clarity, Homelessness Is a Housing Problem explores U.S. cities' diverse experiences with housing precarity and offers policy solutions for unique regional contexts.
Download or read book Shortrun Response of Housing Markets to Demand Shifts written by C. Peter Rydell and published by RAND Corporation. This book was released on 1979 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents a theory of short-run market adjustments to exogenous demand shifts that is consistent with evidence from the Housing Assistance Supply Experiment (HASE). It is argued that (1) a 1.0 percent shift in rental demand leads to a rent change of only 0.26 percent, whereas capital value can change as much as 5.0 percent; and (2) landlords derive capital value in a tightening market primarily from decreased vacancy loss (because of monopolistic competition among themselves) rather than from increased nominal rent. Using HASE data, the theory predicts that a housing allowance program would cause short-run rent increases of 0.6 to 1.0 percent and capital value increases of 1.6 to 6.5 percent, depending on the size and duration of allowance-induced demand shifts.
Download or read book U S Rental Housing Characteristics written by Rob Collinson and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this working paper is to document key empirical facts on U.S. rental housing market conditions - reporting both current conditions (as of second quarter 2009) as well as notable historic trends. This analysis draws upon the findings of existing scholarly work and includes original analysis utilizing a mix of public and proprietary data. This working paper is not a comprehensive assessment of U.S. rental housing market conditions; rather it focuses on describing market dynamics in the context of rental housing supply, variations across local rental housing markets, conditions in the nation's assisted rental housing stock, and the evolving need and demand for affordable rental housing.
Download or read book Rental Housing written by Ira Gary Peppercorn and published by World Bank Publications. This book was released on 2013-04-02 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to bring rental housing to the forefront of the housing agenda in countries around the world and to provide general guidance for policy makers on how to develop or redevelop a sound rental sector.
Download or read book The Economics of Rental Housing written by Kevin Neels and published by . This book was released on 1982 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the economics of owning and operating rental property from the viewpoint of the landlord in two midwestern housing markets. Increased cost factors during the time of the study (1973-1977) included greatly increased energy costs, price of repairs, and a sharp increase in operation inputs (labor). The prices of capital and land fell during the time period. The portion of gross rent that landlords receive for owning a property constitutes a relatively small fraction of their equity income. Landlords in both sites made most of their money through appreciation in property values. Tax benefits help wealthy landlords and do not help the poorer ones. Subsidies that lower capital or operating costs for all rental properties succeed in treating comparable households similarly. Housing allowances provide benefits directly to needy renters. The benefits reach landlords as reduced vacancy losses, fewer bad debts, or in tight markets, higher rent levels. By increasing rates of return in the lower part of the market, housing allowances concentrate growth in supply, where it is needed most.
Download or read book The Dream Revisited written by Ingrid Ellen and published by Columbia University Press. This book was released on 2019-01-15 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: A half century after the Fair Housing Act, despite ongoing transformations of the geography of privilege and poverty, residential segregation by race and income continues to shape urban and suburban neighborhoods in the United States. Why do people live where they do? What explains segregation’s persistence? And why is addressing segregation so complicated? The Dream Revisited brings together a range of expert viewpoints on the causes and consequences of the nation’s separate and unequal living patterns. Leading scholars and practitioners, including civil rights advocates, affordable housing developers, elected officials, and fair housing lawyers, discuss the nature of and policy responses to residential segregation. Essays scrutinize the factors that sustain segregation, including persistent barriers to mobility and complex neighborhood preferences, and its consequences from health to home finance and from policing to politics. They debate how actively and in what ways the government should intervene in housing markets to foster integration. The book features timely analyses of issues such as school integration, mixed income housing, and responses to gentrification from a diversity of viewpoints. A probing examination of a deeply rooted problem, The Dream Revisited offers pressing insights into the changing face of urban inequality.
Download or read book Declining Supply of Low and Moderate Income Rental Housing written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing and Urban Affairs and published by . This book was released on 1987 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Why Can t You Afford a Home written by Josh Ryan-Collins and published by John Wiley & Sons. This book was released on 2018-11-26 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the Western world, a whole generation is being priced out of the housing market. For millions of people, particularly millennials, the basic goal of acquiring decent, affordable accommodation is a distant dream. Leading economist Josh Ryan-Collins argues that to understand this crisis, we must examine a crucial paradox at the heart of modern capitalism. The interaction of private home ownership and a lightly regulated commercial banking system leads to a feedback cycle. Unlimited credit and money flows into an inherently finite supply of property, which causes rising house prices, declining home ownership, rising inequality and debt, stagnant growth and financial instability. Radical reforms are needed to break the cycle. This engaging and topical book will be essential reading for anyone who wants to understand why they can’t find an affordable home, and what we can do about it.
Download or read book Rent Control and the Supply of Rental Housing in the District of Columbia written by Rick Rybeck and published by . This book was released on 1980 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Primer on U S Housing Markets and Housing Policy written by Richard K. Green and published by The Urban Insitute. This book was released on 2003 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book that explains the economics of housing policy for a general audience. Planners, government officials, and public policy students will find that the economic perspective is a very powerful and useful way to examine these issues. The authors provide a broad review of the market for housing services in the U.S., including a conceptual framework, an overview of housing demand and supply, methods for measuring prices and quantities, and sources of basic data on markets. They cover housing programs and polices, and offer answers to policy questions that are of current interest. The book has been field-tested in graduate and undergraduate courses in urban and housing economics at the University of Wisconsin, the University of California--Berkeley, The University of Pennsylvania, and others. This book is also sure to be useful to policymakers, advocates, economists, and anyone interested in a clear picture of how housing markets function. Published in cooperation with the American Real Estate and Urban Economics Association (AREUEA).
Download or read book Housing Supply and Affordability written by Raven S. Molloy and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Private Rental Housing written by Tony Crook and published by Edward Elgar Publishing. This book was released on 2014-02-28 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new focus on private renting has been brought into sharp relief by the global financial crisis, with its profound impact on mortgage finance, housing markets and government budgets. Written by specially commissioned international experts and s
