Journal articles on the topic 'Housing markets, development and management'
To see the other types of publications on this topic, follow the link: Housing markets, development and management.
Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles
Consult the top 50 journal articles for your research on the topic 'Housing markets, development and management.'
Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.
You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.
Browse journal articles on a wide variety of disciplines and organise your bibliography correctly.
1
Chiang, Ming-Chu, and I.-Chun Tsai. "Importance of Proper Monetary Liquidity: Sustainable Development of the Housing and Stock Markets." Sustainability 12, no. 21 (October 29, 2020): 8989. http://dx.doi.org/10.3390/su12218989.
Full textAbstract:
In this paper, we infer that when no excess monetary liquidity exists, people tend to invest available capital in assets associated with a high return or low risk. However, when excess monetary liquidity occurs, capital may successively boost asset markets, and the stock market wealth is thus likely to spill into housing markets, resulting in bubbles in these two markets and therefore in the unsustainable development of both the housing and stock markets. This paper uses relevant data from the United Kingdom from January 1991 to March 2020 to verify whether excess monetary liquidity is a crucial factor determining the relationship between the housing and stock markets. Continuous and structural changes are found to exist between housing price and stock price returns. This paper employs the time-varying coefficient method for estimation and determines that the influence of stock price returns on housing returns is dynamic, and an asymmetrical effect can occur according to whether excess monetary liquidity exists. An excessively loose monetary policy increases asset prices and can thus easily result in a mutual rise in asset markets. By contrast, when excess monetary liquidity does not exist, capital transfer among markets can prevent autocorrelation during excessive market investment and thereby aggravate market imbalance.
2
Sternik, S. G., and M. A. Lavrentyev. "THE MAIN DIRECTIONS OF SOLVING THE SCIENTIFIC PROBLEM OF FORMING AND EVALUATING THE VALUE OF A PROFESSIONAL PORTFOLIO OF RENTAL HOUSING." Scientific Journal ECONOMIC SYSTEMS 1, no. 175 (2021): 12–23. http://dx.doi.org/10.29030/2309-2076-2021-14-3-12-23.
Full textAbstract:
The article presents a comparative fundamental and statistical analysis and forecast of the professional rental housing segment development in Russia. According to the authors, the rental housing market development and the growth of its capitalization will lead to the reduction of system risks of the Russian market by limiting the volatility of housing market prices. Thus, the development of professional rental business, including companies with state participation, may become a promising direction in the new institutional environment. After researching factors that limit the development of the professional rental housing and evaluation of the influence of rental business on the housing markets, the authors make some proposals for stimulating rental segment of the market. Development of the professional rental business requires solving such scientific problems in the sphere of evaluation of housing development projects and financial management of economic entities’ as: theoretical substantiation of approaches to form and evaluate rental housing value, development of methodological tools and practical recommendations on value management of rental housing projects portfolio.
3
Chu, Fang-Ni, and I.-Chun Tsai. "DO HIGHER HOUSE PRICES INDICATE HIGHER SAFETY? PRICE VOLATILITY RISK IN MAJOR CITIES IN TAIWAN." International Journal of Strategic Property Management 24, no. 3 (March 12, 2020): 165–81. http://dx.doi.org/10.3846/ijspm.2020.12159.
Full textAbstract:
This study investigates the housing market in Taiwan, an emerging market with relatively severe housing price inflation. Using data from the first quarter of 1991 to the second quarter of 2017 for four cities in Taiwan, this study compares the risk transmission and sources of their housing prices. The results reveal that Taipei−Taiwan’s main financial hub−has the highest house prices among the four cities but maintains the lowest risk. Thus, in terms of price volatility risk, Taipei has the safest housing market among the studied cities. Other studies have discussed the potential housing price bubbles in regions with high housing prices but have been unable to explain the continual overheating of the housing markets. The findings of this study reveal that despite having the highest housing prices and the greatest potential bubble, the Taipei housing market has the lowest fluctuation risk, making it the safest market in terms of housing investment. The results of this study imply that Taiwan’s economic development is excessively concentrated in Taipei, causing people to bear low returns and high risk when purchasing real estate in other areas, in turn increasing the continual imbalance between regional housing markets.
4
Ermilova, Mariia, Evgeny Kalinkin, Elena Semenkova, and Kira Kalinkina. "Foreign Housing Markets: Questions of Price Policy." E3S Web of Conferences 159 (2020): 05014. http://dx.doi.org/10.1051/e3sconf/202015905014.
Full textAbstract:
The housing market is one of the most important segments of the economy of any country. As part of the study, it is shown that it is not enough to consider the housing market financing system only in the organizational and structural aspect. The application of a structurally functional approach is essential, which will improve the efficiency of market financing. The author determines the need for the formation of auto-regulators that can reduce the need for manual control of the economy of the housing complex and the state, which is especially important in the modern economic system. The study identified such auto-regulators as the inclusion of borrowers in the quality management system and the usefulness of housing finance; organization of interaction of market and state financing based on the principles of public-private partnership; the need for a system of indicators to assess the development of the Russian housing market, improving the information support of financial markets; the formation of an open system for monitoring the status of the housing market financing system.
5
Sharam, Andrea, and Lyndall Bryant. "The uberisation of housing markets: putting theory into practice." Property Management 35, no. 2 (April 18, 2017): 202–16. http://dx.doi.org/10.1108/pm-06-2016-0023.
Full textAbstract:
Purpose Digital disruption offers an innovative opportunity to address housing affordability issues through the use of market design theory and two-sided matching markets. The purpose of this paper is to scope a model for how “uberisation” can revolutionise the traditional apartment delivery model in Australia, leading to improved housing affordability. Design/methodology/approach This paper uses semi-structured interviews with operators of online real estate platforms and deliberative developers to examine how the principles of “uberisation”, that is two-sided matching markets, are driving innovation in the apartment supply process. Findings Findings confirm that real estate internet platforms and deliberative developers innovators are informed by the benefits of aggregating demand to reduce development risk, thus enabling apartments to be provided at a substantially lower price than by traditional methods. Research limitations/implications The number of interviews is small reflecting the limited number of market actors currently engaged in the innovations investigated. Originality/value This research is innovative as it introduces theoretical understandings gained from market design theory and applies those concepts to disrupt the apartment development process.
6
Sharam, Andrea Gayle. "Disruption and the matching market for new multifamily housing in Melbourne, Australia." Journal of General Management 44, no. 3 (April 2019): 160–69. http://dx.doi.org/10.1177/0306307018824230.
Full textAbstract:
A key area of system impact of the fourth industrial revolution (4IR) is the radical improvement in the functioning of matching markets. Matching markets are markets in which agents seek to be paired with someone or something with the criteria for matching often highly specific. Traditionally, the cost and difficulty in matching means many of these markets have not functioned well. Uber and Airbnb are examples of new matching market matchmakers that have been ‘turbo-charged’ by new digital technologies, resulting in what Parker et al. describe as a ‘platform revolution’. In this article, we examine the traditional, but poorly functioning, matching market for new multifamily housing development in Melbourne, Australia, and the potential for disruption offered by a new platform, Nightingale Housing Ltd. (NHL). Improved matching has been critical to the model and the Internet has been central to this. The NHL model has the potential for systems impact as outlined by Schwab in his conception of 4IR.
7
Connell-Variy, Theodore, Björn Berggren, and Tony McGough. "Housing Markets and Resource Sector Fluctuations: A Cross-Border Comparative Analysis." Sustainability 13, no. 16 (August 9, 2021): 8918. http://dx.doi.org/10.3390/su13168918.
Full textAbstract:
Recent research has sought to better understand resource and housing market cycles longitudinally and define clear phases in order to understand interactions between the two over time. This is a necessary step forward in housing market knowledge for this under researched area, particularly in an economically unique context. This paper expands knowledge by undertaking a comparative study of town housing markets in Queensland’s coal mining Bowen Basin and Sweden’s northern municipalities—specifically Gallivare and Kiruna—where a long history of iron ore mining exists. This paper analyses these housing markets using longitudinal data spanning two decades, which includes two resources cycles in two geographically disparate locations. The results indicate that the housing market in Queensland, Australia, is far more volatile than the housing market in the Swedish municipalities. The regional housing market in Sweden’s municipalities tend to be less dependent on resource price and output from mines than their Australian counterparts. Part of the explanation for this is that the Swedish towns examined are less of the traditional mining town known from previous studies, and more a town with mining. Developing and improving understanding of markets over the duration of a cycle is important. Particular value is apparent in the comparison and contrasting of two separate resource regions encompassing resource reliant communities in two different countries. Importantly, the linkage of research regions through resource relationships leads to groundbreaking research which will have practical benefit to multiple economies, housing markets and for policy-makers alike.
8
Tomal, Mateusz. "Moving towards a Smarter Housing Market: The Example of Poland." Sustainability 12, no. 2 (January 17, 2020): 683. http://dx.doi.org/10.3390/su12020683.
Full textAbstract:
Cities are currently undergoing vast changes, which have very significant implications for the functioning of the housing market. In particular, it should be stated that the traditional residential market, in imitation of the smart city concept, is becoming increasingly smarter. This smartness can be expressed in four dimensions: the “automatic” rental housing market; innovative digital platforms in the traditional housing market; innovative policies and housing models; and the ability to forecast demand on the housing market, which together form the so-called smart housing concept. On this basis, this study attempted to assess empirically the smartness of the residential markets in Polish provincial capitals. Firstly, after a thorough analysis of digital housing portals, official websites of Polish provincial capitals and public statistics data, the smart housing concept was operationalised in all its dimensions by defining appropriate indicators measuring its level in a given city. Then, using the zero unitarization and entropy weight methods, followed by a no-pattern synthetic measure, a comprehensive smart housing index was obtained for each city investigated. Research results showed that there is a large degree of variation in the level of smartness of the housing markets in the examined cities. Furthermore, the analysis also indicates that the economic dimension of the smart city concept and the co-working concept are the main driving forces behind the development of smart residential markets. In addition, the study reveals that the implementation of the smart housing concept has a positive impact on the quality of life of city inhabitants.
9
Giovannoni, Giulio. "Urban Containment Planning: Is It Effective? The Case of Portland, OR." Sustainability 13, no. 22 (November 22, 2021): 12925. http://dx.doi.org/10.3390/su132212925.
Full textAbstract:
The paper attempts to evaluate Oregon’s and Portland’s growth management policies as for their tradeoffs between effectiveness in containing urban sprawl and impacts on housing markets and on property values. Carruthers argued that in order to correctly evaluate growth management policies, it is necessary to jointly consider their effects on urban development patterns, on land and housing markets, and on the fragmentation of land use controls. Nowadays, we have sufficient empirical research to evaluate the effects of Oregon’s growth management policies both on land markets and housing affordability and on urban development patterns. Therefore, the time has come to comprehensively reanalyze this longstanding case of public regulation. Once again, the issue of comparing grounded-on-planning–regulations’ effectiveness with grounded-on-price regulations’ effectiveness is at stake. The paper finds that urban-containment centralized-planning in Portland and Oregon have not been effective in containing sprawl and that price-based mechanisms are the most logical solution to the excess of sprawling urban growth.
10
Vasiliene-Vasiliauskiene, Virgilija, Aidas Vasilis Vasiliauskas, Rišard Golembovskij, Ieva Meidute-Kavaliauskiene, Edmundas Kazimieras Zavadskas, Audrius Banaitis, and Kannan Govindan. "Transportation systems’ impacts on the Vilnius housing market." Management Decision 57, no. 2 (February 11, 2019): 418–31. http://dx.doi.org/10.1108/md-01-2018-0117.
Full textAbstract:
Purpose The purpose of this paper is to develop a better understanding of how transportation system factors affect city housing markets. The goal was to show that identifying these factors alone is not enough without also examining their effects and variations according to the housing location. Design/methodology/approach Transportation system factors were identified by conducting a thorough literature review. The factors’ relevance was tested using a quantitative methodology and a sample of 317 Vilnius residents. This city was next divided into three zones, and data collected from 18 real estate experts was subjected to qualitative analysis. The analytic hierarchy process was then applied to identify transportation system factors’ level of impact and dynamics by the housing location. Findings The results show that the factors affect the housing market in question but that these effects vary by the housing location and the most critical factors differ for each city zone. Research limitations/implications Only data on Vilnius were used. Further research is needed to compare transportation factors’ dynamics in multiple cities. Practical implications Priorities in transportation system improvements should be assessed to facilitate sustainable urban development and enhance the residents’ quality of life. Housing market regulations can only be successful if investment in transportation systems is allocated purposefully and coherently. Originality/value This research went beyond identifying transportation system factors by employing a broad, systematic approach to clarifying potential options for regulating housing markets through transportation system projects.
11
Kim, Chunil, and Jinsoo Ko. "Unintended Consequences of Housing Policies: Evidence from South Korea." Sustainability 15, no. 4 (February 13, 2023): 3407. http://dx.doi.org/10.3390/su15043407.
Full textAbstract:
South Korea has crafted a series of policy measures to regulate or stimulate housing markets. One interesting feature is that policy makers and market observers have paid enormous attention to one particular housing market, the Greater Gangnam Area in Seoul. The area is an upscale and self-sufficient urban neighborhood with high-priced residential properties; the nation’s housing policies have been directed toward tempering housing price appreciation there. This leads to the following research question: whether the housing policy tools achieved the intended goals or not. This study examined the differential impacts of government-initiated policy measures on housing submarkets in the primary real estate market. Quasi-experimental econometric evaluations, which are AITS-DID methods, revealed that recent policy measures did not achieve the intended goal of housing price stabilization. Rather, those policy instruments brought about unintended consequences. The Housing Welfare Roadmap measure was intended to cool down the Gangnam housing market, but it in fact increased the Gangnam housing prices by 5.69 percent points in comparison to the non-Gangnam area. In order to tackle housing market imbalances, the government should devise long-term urban and regional planning strategies to create self-sustaining communities suitable for various population groups so that they can compete with existing strong real estate markets.
12
Ushakov, Denis, and Mariia Ermilova. "Autoregulators in the housing market financing system: a structurally functional approach." E3S Web of Conferences 164 (2020): 09003. http://dx.doi.org/10.1051/e3sconf/202016409003.
Full textAbstract:
The housing market is one of the most important segments of the economy of any country. As part of the study, it is shown that it is not enough to consider the housing market financing system only in the organizational and structural aspect. The application of a structurally functional approach is essential, which will improve the efficiency of market financing. The author determines the need for the formation of auto-regulators that can reduce the need for manual control of the economy of the housing complex and the state, which is especially important in the modern economic system. The study identified such auto-regulators as the inclusion of borrowers in the quality management system and the usefulness of housing finance; organization of interaction of market and state financing based on the principles of public-private partnership; the need for a system of indicators to assess the development of the Russian housing market, improving the information support of financial markets; the formation of an open system for monitoring the status of the housing market financing system.
13
Meng, Fan-yu. "ECONOMICAL HOUSING PROVISION IN CHINA (1998–2002) - A CASE STUDY OF BEIJING." International Journal of Strategic Property Management 8, no. 2 (June 30, 2004): 87–104. http://dx.doi.org/10.3846/1648715x.2004.9637510.
Full textAbstract:
Economical housing in China is targeted at the housing needs of middle and lower‐middle income urban households. Subsidies and other preferential policies for the provision of such housing are extended by the government. Economical housing is viewed by the Chinese central government as a fundamental component of the new housing system, which was set up in 1998 following the end of the old public housing system. It has also been used as the main driver for economic growth by the Chinese central government in the past five years. In each of those years, billions of RMB from the national budget has been invested in building economical housing, with the aim of eliminating the large gap between housing prices in the open market and public affordability, as well as to support economic growth. The issue of economical housing in China is intimately tied up with political and social issues. This paper presents a thorough study of the evolution of economical housing from 1998 to 2002 in China. Beijing is chosen as a case study because it is the capital city and has one of the most important real estate markets in the country. Recommendations are also given on the future development of economical housing.
14
LISYUK, V. M., and O. O. SEROV. "PROBLEM QUESTIONS IN THE METHODOLOGICAL PROVISION OF THE LOCAL MARKETS OF HOUSING AND COMMUNAL HOUSEHOLDS IN UKRAINE." Economic innovations 20, no. 1(66) (March 20, 2018): 113–19. http://dx.doi.org/10.31520/ei.2018.20.1(66).113-119.
Full textAbstract:
Topicality. The urgency of the problem of stimulating the development of local markets of housing and communal services today is growing due to the need for additional resources involved in the socio-economic development of Ukraine, as well as through the progress of housing and communal reform, which creates new opportunities for the development of housing conditions of Ukrainian citizens. Aim and tasks.The purpose of the article is to analyze problematic issues in the methodological maintenance of the functioning of local markets of housing and communal services, to develop theoretical, methodological provisions and practical and applied proposals, which should justify the tools for improving the regulatory framework for housing and communal services markets in Ukraine. Research results.After analyzing the latest laws in the sphere of housing and communal services, we can conclude that, despite the issuance of laws, the legal way of their implementation is still absent. It is also worth noting that, in our view, the transfer of all communal ownership buildings to the ownership of the inhabitants will not give the desired result. Lack of qualified management companies can lead to even more depreciation of the housing stock, which now is in a large proportion already in a worn condition. Lack of legal regulation of housing stock management by private management companies may lead to non-compliance with state norms in the field of repair and operation of engineering networks of residential buildings. It can lead to accidents, the consequences of which can be not only unpleasant for the inhabitants, but also life threatening. For example, untimely inspection of the smoke and ventilation ducts of the building often leads to their litter and poor ventilation of the living space, which can lead to poisoning with carbon monoxide, an explosion of gas equipment, etc. Conclusions.The strategic directions of implementation of the conceptual idea of reforming the housing and communal services of Ukraine include the introduction of amendments to laws and regulations regulating the procedure for providing housing and communal services to the end user. The prospects for future research in the sphere of housing and communal services are related to the effective structure of the formation of the institutional environment.
15
Seo, Wonseok, and LeeYoung Kim. "Investigating the Ripple Effect through the Relationship between Housing Markets and Residential Migration in Seoul, South Korea." Sustainability 12, no. 3 (February 8, 2020): 1225. http://dx.doi.org/10.3390/su12031225.
Full textAbstract:
This study examined the relationship between housing markets and residential migration to identify if there is a housing refugee phenomenon due to an involuntary ripple effect in the Seoul metropolitan area, South Korea. The study applied Granger causality analysis and a vector error correction model. The empirical results confirmed that changes in housing market conditions cause a ripple effect in surrounding areas in the Seoul metropolitan area, and these changes are easily transmitted to the nearby Gyeonggi housing market. This study shows that intra-metropolitan residential migration may occur due to changes in housing market conditions. Additionally, the study proved that residential migration from Seoul to the nearby Gyeonggi province does not represent the pursuit of a stable residential environment, but is merely involuntary migration due to the financial burden of increased housing costs in Seoul. Finally, the study showed that there may be a ripple effect that intensifies instability in the jeonse market—a type of lease unique to South Korea—that emerged due to residential migration from Seoul. From this perspective, this study confirms that residential migration occurring in the Seoul metropolitan area is the result of an involuntary ripple effect and represents a housing refugee phenomenon.
16
Landis, John D., Vicki Elmer, and Matthew Zook. "New economy housing markets: Fast and furious—but different?" Housing Policy Debate 13, no. 2 (January 2002): 233–74. http://dx.doi.org/10.1080/10511482.2002.9521443.
Full text
17
Park, Soon Mahn, Ho Jin Lee, (Eun Sang Jung, Seung Dong You, Yeong Woo Nam, and Kyu Hyun Ji. "The Thirty Years of the Housing Studies Review : A Text-Mining Approach." Korean Association for Housing Policy Studies 30, no. 3 (August 31, 2022): 179–201. http://dx.doi.org/10.24957/hsr.2022.30.3.179.
Full textAbstract:
We analyze the research trend of the Housing Research Review over the period of 1993 to 2021. In particular, adopting text-mining methodologies: word frequency analysis, wordcloud technique, N-gram, and Topic Modeling, we analyze titles and keywords of all the papers on the journal. Based on those analyses, we find that words that the papers on the journal most frequently used over the past 30 years are ‘housing’ and ‘research’, which are followed by ‘price’, ‘househhold’ and ‘income’. Our word proximity analsyis shows the most-related keywords; housing prices, housing markets, fluctuations, and trading volume in terms of market and price structure; housing occupancy and household changes in terms of housing demand.
Our analysis of Latent Dirichlet Allocation reveals six categories; ‘the ownership and apartments’, ‘price and space’, ‘real estate policy and regulation’, ‘household’s decision in housing market’, ‘regional characteristics evaluation’, and ‘residency and rental housing’. The most interested topics are related to ‘price’, and we confirm that the topics of interest has been changed over the decades; from ‘development and management’ and ‘rental housing and real estate’ to ‘public housing’. In addition, our analysis confirms that housing research on Housing Studies Review is comprehensive and includes a variety of housing topics.
18
Urrestarazu Capellán, Ricardo, José Luis Sánchez Ollero, and Alejandro García Pozo. "Social Perception of the Influence of Public Policies on the Residential Rental and Holiday Tourism Rental Markets." African Journal of Hospitality, Tourism and Leisure 10(4), no. 10(4) (August 31, 2021): 1182–99. http://dx.doi.org/10.46222/ajhtl.19770720-156.
Full textAbstract:
This work assesses the influence of generic public housing policies in Spain and specific public policies relating to vacation rental housing on residential rental costs in recent years from the perspective of people linked to residential housing rental and vacation rental housing. We used partial least squares structural equation modelling on the data obtained in a survey of 413 individuals with direct links to the fields of tourism and real estate. The results obtained by the model confirm the influence of the growth in holiday tourist housing and the implementation of public housing policies on rises in residential rent. These conclusions can inform public policy measures in the general area of housing and, specifically, in the area of holiday homes, toward reducing the impacts of certain factors on access to housing in the province of Málaga. The main contribution of this work is the direct collection of the opinions of people related to residential and tourist housing on the Costa del Sol.
19
Wang, Bingbing. "Housing market volatility under COVID-19: Diverging response of demand in luxury and low-end housing markets." Land Use Policy 119 (August 2022): 106191. http://dx.doi.org/10.1016/j.landusepol.2022.106191.
Full text
20
Song, Yixi. "Discuss the Application of Project Management in Construction Project Management." Learning & Education 10, no. 2 (September 16, 2021): 190. http://dx.doi.org/10.18282/l-e.v10i2.2328.
Full textAbstract:
Along with the development of social economy in recent years, all walks of life in society have made obvious progress and development, such as the construction industry. At present, people’s demand for housing construction is getting higher and higher, and housing construction has gradually developed into a necessity of life from the former luxury goods. The increase in the demand for housing construction in the market has brought new life to the construction industry, and the number of similar construction enterprises in the construction industry is increasing. This also means that construction enterprises have to constantly control the quality of their projects and improve their competitiveness in order to survive in the fierce construction market.
21
Wu, F. "Urban Processes in the Face of China's Transition to a Socialist Market Economy." Environment and Planning C: Government and Policy 13, no. 2 (June 1995): 159–77. http://dx.doi.org/10.1068/c130159.
Full textAbstract:
In this paper the urban process in the face of China's transition to a market economy is examined from the perspective of political economy. Before economic reform, China operated a centrally planned economy. Production activities were organized on the basis of sectoral departments of the central government, and the reproduction of labour was carried out through self-contained development. The dominance of the state stemmed from its role in resource allocation. Economic reform, launched in 1978, introduced market mechanisms to urban processes in China. Through fiscal, housing, and land reforms decisionmaking was decentralized. Under so-called ‘comprehensive development’, municipalities are now required to organize urban development. The state has lost its dominant status in budgetary investment. Self-raised, extrabudgetary funds increased rapidly. Work units still extract surplus value efficiently but have had to become the major purchasers in housing markets because workers in the public sector cannot afford housing. The persistence of state ownership in the mode of production makes it unlikely that market forces will play a leading role in urban development in China.
22
Priemus, Hugo. "Pressure and suction on housing markets: some additional notes." European Journal of Housing Policy 3, no. 1 (April 2003): 83–87. http://dx.doi.org/10.1080/1461671032000071155.
Full text
23
Alekseyenko, Lyudmyla, Oksana Tulai, Yuriy Petrushenko, Andriy Kuznietsov, and Julia Derkash. "Affordable housing for internally displaced persons: The priorities for investment and development in Ukraine." Investment Management and Financial Innovations 18, no. 1 (February 2, 2021): 101–13. http://dx.doi.org/10.21511/imfi.18(1).2021.09.
Full textAbstract:
The institution of home ownership provides for the functioning of affordable housing for low-income people and new groups in need of social protection, including the reintegration of migrants to new places of residence. The aim of the study is to substantiate the priorities of investments into affordable housing for internally displaced persons promoting their adaptation and social reintegration in the context of administrative-territorial decentralization.The study is based on use of empirical, economic and statistical methods, which in the process of correlation, regression and canonical analysis showed that many indicators that characterize the housing market are closely correlated with the scale and development level of administrative units in Ukraine. To characterize the state and investment attractiveness of the residential real estate market, a set of indicators was used in the modeling: population, the number of employed, household income, regional domestic product, volume of commissioned housing, construction investments, regional human development index, total housing stock, housing prices in the regions of Ukraine and Kyiv. The most significant parameter that affects the volume of housing construction is the amount of investments into per capita housing construction. The article also discusses the housing market situation, which differs in regions or some cities due to the significant differentiation of their development, which affects the ability to obtain affordable housing. The implementation of regional development programs should determine investment priorities of social protection, particularly the possibility of buy-out schemes through the mechanism of leasing of social housing by internally displaced persons. Acknowledgment This research was funded by a grant from the Ministry of Education and Science of Ukraine “Reforming the lifelong learning system in Ukraine for the prevention of the labor emigration: a coopetition model of institutional partnership” (No. 0120U102001).
24
Shucksmith, Mark. "Public intervention in rural housing markets." Planning Outlook 28, no. 2 (January 1985): 70–73. http://dx.doi.org/10.1080/00320718508711747.
Full text
25
Wood, Gavin A., Matthew Forbes, and Kenneth Gibb. "Direct Subsidies and Housing Affordability in Australian Private Rental Markets." Environment and Planning C: Government and Policy 23, no. 5 (October 2005): 759–83. http://dx.doi.org/10.1068/c0445.
Full textAbstract:
Many countries have undergone a broad retreat from the use of indirect (supply) subsidies to meet low-income housing-affordability problems, shifting to direct subsidies often linked to means-tested income-maintenance systems. Although the reasons for this change of direction are well documented, the efficacy of direct housing subsidies in terms of tackling affordability remains in question. The authors examine in detail one such system, Australia's Rent Assistance (RA) programme, making use of a microsimulation model of the Australian housing market linked to a model of the social security system. It is found that there is considerable targeting error because many low-income renters are ineligible for direct subsidies. It is also found that RA is relatively ineffective in overcoming affordability problems in high housing cost areas of Australia. Although RA does not of itself contribute much to poverty-trap problems, it may deter unemployed households from moving to areas where job vacancies exist. The authors conclude that future comparative work could usefully analyse the distributional and behavioural impacts of different forms of housing allowances. Moreover, alternative policies could be recalibrated within the microsimulation model in order to examine the first-round impacts of policy design change.
26
Nzau and Trillo. "Harnessing the Real Estate Market for Equitable Affordable Housing Provision through Land Value Capture: Insights from San Francisco City, California." Sustainability 11, no. 13 (July 2, 2019): 3649. http://dx.doi.org/10.3390/su11133649.
Full textAbstract:
Affordable housing remains a serious problem in many countries. Even as the housing affordability crisis deepens, most cities continue to exhibit robust real estate markets with high property prices. The low-income and poor households are unable to access affordable housing and remain excluded. This paper draws from empirical research conducted in the city of San Francisco and focuses on the application of Land Value Capture (LVC) through increased Inclusionary Housing (IH) requirements after plan changes that increased density potential in San Francisco’s Eastern Neighbourhoods to evaluate its effects on the goals of increasing both affordable housing and social inclusion. Findings reveal that the increased inclusionary requirements used as LVC mechanism enabled 76.2% of all the affordable housing units produced in the Eastern Neighbourhoods to be produced by market-rate developers in 2011–2015 as compared to the rest of San Francisco, where 35.5% of the affordable units were produced from the market through inclusionary policy during the same period. The study demonstrates that upzoning underutilised land coupled with a well-planned LVC mechanism can help harness the strength of the real estate market and increase both affordable housing production and social inclusion.
27
Nzau, Bernard, and Claudia Trillo. "Affordable Housing Provision in Informal Settlements through Land Value Capture and Inclusionary Housing." Sustainability 12, no. 15 (July 24, 2020): 5975. http://dx.doi.org/10.3390/su12155975.
Full textAbstract:
Public-driven attempts to provide decent housing to slum residents in developing countries have either failed or achieved minimal output when compared to the growing slum population. This has been attributed mainly to shortage of public funds. However, some urban areas in these countries exhibit vibrant real estate markets that may hold the potential to bear the costs of regenerating slums. This paper sheds light on an innovative hypothesis to achieve slum regeneration by harnessing the real estate market. The study seeks to answer the question “How can urban public policy facilitate slum regeneration, increase affordable housing, and enhance social inclusion in cities of developing countries?” The study approaches slum regeneration from an integrated land economics and spatial planning perspective and demonstrates that slum regeneration can successfully be managed by applying land value capture (LVC) and inclusionary housing (IH) instruments. The research methodology adopted is based on a hypothetical master plan and related housing policy and strategy, aimed at addressing housing needs in Kibera, the largest slum in Nairobi, Kenya. This simulated master plan is complemented with economic and residual land value analyses that demonstrate that by availing land to private developers for inclusionary housing development, it is possible to meet slum residents’ housing needs by including at least 27.9% affordable housing in new developments, entirely borne by the private sector. Findings suggest that under a robust public-led governance umbrella, market forces can (1) significantly contribute to fill the financial gap in order to achieve the end of slums by 2050 in coherence with the United Nations Agenda 2030 targets and principles, and (2) increase both affordable and market housing in upgraded neighbourhoods, hence enhancing social inclusion in cities of developing countries.
28
Ok, Youngkyung, Jungmu Kim, and Yuen Jung Park. "The Effect of Housing Prices on Bank Performance in Korea." Sustainability 11, no. 22 (November 7, 2019): 6242. http://dx.doi.org/10.3390/su11226242.
Full textAbstract:
This study analyzes the relationship between housing prices and bank performance in Korea. To this end, using lending growth, return on assets, and non-performing loans as a performance measure, we estimate fixed-effects models for each measure. Major empirical results are summarized as follows. First, fluctuations in housing prices affect the banks’ lending decisions. If housing prices rise, banks tend to increase the volume of loans. Second, fluctuations in housing prices affect the quality of assets owned by banks. Banks’ asset soundness will improve in the case of a rise in housing prices. Third, fluctuations in housing prices have a greater impact on bank profitability when the real estate market goes bust. Our study suggests that in Korea, one of the emerging markets, there is a positive relationship between changes in housing prices and banks’ performance. In particular, banks’ profitability and soundness could be significantly hampered by a drop in housing prices. Therefore, it is necessary to be wary of excessively expanding real estate loans during the period of real estate booms.
29
LEWIS, LYNNE Y., and GAYATRI ACHARYA. "Environmental Quality and Housing Markets: Does Lot Size Matter?" Marine Resource Economics 21, no. 3 (January 2006): 317–30. http://dx.doi.org/10.1086/mre.21.3.42629514.
Full text
30
Jiang, Na, Andrew Crooks, Wenjing Wang, and Yichun Xie. "Simulating Urban Shrinkage in Detroit via Agent-Based Modeling." Sustainability 13, no. 4 (February 20, 2021): 2283. http://dx.doi.org/10.3390/su13042283.
Full textAbstract:
While the world’s total urban population continues to grow, not all cities are witnessing such growth—some are actually shrinking. This shrinkage has caused several problems to emerge, including population loss, economic depression, vacant properties and the contraction of housing markets. Such issues challenge efforts to make cities sustainable. While there is a growing body of work on studying shrinking cities, few explore such a phenomenon from the bottom-up using dynamic computational models. To fill this gap, this paper presents a spatially explicit agent-based model stylized on the Detroit Tri-County area, an area witnessing shrinkage. Specifically, the model demonstrates how the buying and selling of houses can lead to urban shrinkage through a bottom-up approach. The results of the model indicate that, along with the lower level housing transactions being captured, the aggregated level market conditions relating to urban shrinkage are also denoted (i.e., the contraction of housing markets). As such, the paper demonstrates the potential of simulation for exploring urban shrinkage and potentially offers a means to test policies to achieve urban sustainability.
31
Ku, Jeong-Ah, Young-Chul Kim, and Jong-Jin Kim. "A Study on the Vitalization and Influence Factors on the Housing Brokerage Market in Local Cities using VECM - With North Jeolla Province at the center -." Residential Environment Institute Of Korea 20, no. 2 (June 30, 2022): 99–113. http://dx.doi.org/10.22313/reik.2022.20.2.99.
Full textAbstract:
The study analyzed the effects of changing economic and demographic variables such as population, interest rate and consumer price index on house brokerage markets by focusing on gradually sluggish housing markets in Jeollabuk-do For methods, a time series multiple regression analysis using Vector Error Correction Model (VECM) was employed in that the number of house brokerage and input variables have characteristics observed in a time series way. This study suggested the improvement schemes of housing brokage market as follows; First, it is necessary to take into account regional differences in terms of population movement, outflow, inflow and aging. Second, house brokerage markets in local cities are affected by gross regional domestic product and consumer price index so that it is important to take a look at changing commodity price as well as varying economic situation. As the patterns of economic development vary according to regions, it is necessary to consider this point from which house brokerage markets could be immensely affected.
Third, the need to forecast the potential effects of urban regeneration new deal projects underway on house brokerage markets should be considered given regional differences.
Lastly, the recession of house brokerage markets can be seen as natural as its value as investment goods is underrated in that there is a right balance between demand and supply of houses in economically advanced South Korea. Against this backdrop, developing both house brokerage markets and real estate management markets will be an important breakthrough like advanced countries.
32
Ianchuk, Svitlana, Olga Garafonova, Yuliia Panimash, and Dariusz Pawliszczy. "Marketing, management and financial providing of affordable housing." Marketing and Management of Innovations 5, no. 2 (2021): 213–30. http://dx.doi.org/10.21272/mmi.2021.2-18.
Full textAbstract:
Today’s rising housing prices in most countries worldwide have caused increasable attention to the problem of affordable housing. It is a social or ethical issue and an essential economic direction. Thus, affordable housing has great potential, influencing economic growth, labor forces, innovation, sustainable development, and an inclusive economy. Systematization of informational sources, theoretical and practical approaches for providing affordable housing, and assessing social housing needs indicated many views on this problem among scholars and policymakers. That is why marketing, management, and financial providing of affordable housing are significant mainstreams. The research aims to investigate marketing and management fundamentals of providing affordable housing in connection with funding aspects based on cross-country analysis. For achieving this target, key trends of housing market segmentation were analyzed, considering the distribution of the population by tenure status and analytical house price indicators using the data of the statistical office of the EU, the World Bank, and the OECD. The ways to promote more affordable housing by public and local authorities, private investors in affordable housing, and specific social and affordable housing market organizations were described. Main organizational forms of providing affordable and social housing were also characterized. Particular attention was paid to strategic planning for affordable and social housing, especially housing business plans or affordable housing strategy development as a priority step in marketing, management, and financial providing affordable housing. A SWOT analysis for affordable housing developments was used to show strengths, weaknesses, opportunities, and threats to the affordable housing market. To empirically confirm some relevant strengths, the impact of indicators of financial providing of affordable housing was formalized based on correlation analysis (calculating Pearson or Spearman correlation coefficients with time lags based on results of Shapiro-Wilk testing) and construction of Arellano–Bond linear dynamic panel-data regression model with checking the Sargan test of overidentifying restrictions (the sample from 25 EU countries for 2011–2019) using the Excel 2010 and STATA 14.2 software. The dynamic model made it possible to consider the share of affordable housing owners with mortgage or loan or the share of tenants, rent affordable housing at a reduced price or free. The value of GDP of the previous period affects the current situation (due to introducing lag variables and using instrumental variables or the generalized method of moments (GMM) to obtain adequate estimates). The hypothesis that an increase of 1% of the share of affordable housing owners with mortgage or loan causes the rise in GDP per capita of an average of 0.44% with a two-year time lag was empirically confirmed. An increase of 1% of the share of tenants, rent-free housing or affordable housing at the reduced price, causes the decrease of GDP per capita of an average of 0.5% with a two-year time lag. It was substantiated that governments should continue and improve their policies for financing social and affordable housing. At the same time, they should prefer affordable mortgage lending programs over programs of reduced or free rental housing. The results of this research confirm the significant drivers of policies and practices devoted to affordable and social housing, such as marketing, management, and financial providing. The presented recommendations are useful for scholars interested in this scientific field of research, public and local authorities, investors in affordable housing, and specific affordable and social housing organizations.
33
Squires, Graham, and Iain White. "Resilience and housing markets: Who is it really for?" Land Use Policy 81 (February 2019): 167–74. http://dx.doi.org/10.1016/j.landusepol.2018.10.018.
Full text
34
Aalbers, Manuel. "Pressure and suction on housing markets: a critical reply to Priemus." European Journal of Housing Policy 3, no. 1 (April 2003): 61–81. http://dx.doi.org/10.1080/1461671032000071164.
Full text
35
Lisyuk, V. M., and O. O. Serov. "METHODS OF ENSURING THE FORMATION OF TARIFF POLICY IN THE MAINTENANCE OF THE HOUSE AND THE HOUSE TERRITORY MARKETS." Economic innovations 19, no. 2(64) (July 7, 2017): 196–202. http://dx.doi.org/10.31520/ei.2017.19.2(64).196-202.
Full textAbstract:
The housing stock has been in poor condition for decades, but despite this, the authorities do not take any significant steps to improve the state of the industry. At the moment, many apartment owners encounter a lot of problems when creating condominiums. In order to maintain the full functioning of a residential building where residents are not interested in self-management, a mechanism for managing such types of buildings is necessary. Having analyzed the latest laws in the sphere of housing and communal services, we can conclude that, despite the issuance of laws, the legal way of their implementation is still absent. It is also worth noting that, in our opinion, the transfer of all communal ownership buildings to the ownership of the inhabitants will not give the desired result. The absence of qualified management companies can lead to even more depreciation of the housing stock, which at the moment is in a large proportion already in a worn condition. Lack of legal regulation of housing stock management by private management companies may lead to non-compliance with state standards in the field of repair and maintenance of residential engineering networks. This can lead to accidents, the consequences of which can be not only unpleasant for the inhabitants, but also life threatening. For example, untimely checking of the smoke and ventilation ducts in the building often leads to their litter and poor ventilation of living quarters, which can lead to carbon monoxide poisoning, gas equipment explosion, etc. Lack of rational institutional regulation of management companies can also lead to abuse of office, deception of residents and theft of personal funds. Legislation in its present form does not meet the requirements of the European state, the need for the development of market relations in local markets.
36
Lin, Sheng-Hau, Jia-Hsun Li, Jing-Chzi Hsieh, Xianjin Huang, and Jia-Tsong Chen. "Impact of Property Tax on Housing-Market Disequilibrium in Different Regions: Evidence from Taiwan for the period 1982–2016." Sustainability 10, no. 11 (November 21, 2018): 4318. http://dx.doi.org/10.3390/su10114318.
Full textAbstract:
Although Taiwan has had a unique property tax system for a long time, oversupply and increasing prices have persisted in the regional market during recent decades. In order to shed light on this problem, this study investigated the impact of property taxation on housing markets in different regions from a disequilibrium viewpoint based on the stock-flow model. The panel data of 20 counties or cities in Taiwan for the period from 1982 to 2016 was examined. The empirical findings verified that housing price was the most important factor for influencing the long-run housing supply and demand in regions both with and without oversupply. The low interest rate policy was an important factor driving the long-run housing demand, but only in over-supply regions. The current property tax system cannot impact the long-run housing demand, only the short-run demand in both regions. Moreover, the property tax cannot effectively disturb the supply behavior in the long-run in both regions. This study also confirmed that housing-market disequilibrium existed in regions both with and without oversupply, making up the gap. The property tax’s impact on the adjustment speed to long-run equilibrium in over-supply regions was weaker than under-supply regions.
37
Ding, Lei. "Servicer and Spatial Heterogeneity of Loss Mitigation Practices in Soft Housing Markets." Housing Policy Debate 23, no. 3 (July 2013): 521–42. http://dx.doi.org/10.1080/10511482.2013.782886.
Full text
38
Sternik, S. G., Ya S. Mironchuk, and E. M. Filatova. "Assessment of Average Market Investment Returns in Development of the Residential Real Estate in the Moscow Region." World of new economy 12, no. 3 (June 3, 2019): 140–52. http://dx.doi.org/10.26794/2220-6469-2018-12-3-140-152.
Full textAbstract:
In the previous work, G.M. Sternik and S.G. Sternik justified the options for the method of assessing the average current annual return on investment in residential real estate development, depending on the nature and content of the initial data on the costs contained in the sources of information (construction costs or total investment costs). Based on the analysis of the composition of the elements of development costs used in various data sources, we corrected the coefficients that allowed us to move from the assessment of the current annual return on investment in development in relation to the cost (full estimated cost) of construction to the assessment of the current annual return on investment in relation to the total investment costs. This calculation method was tested on the example of the housing market inMoscow. As a result, we concluded it is possible its use for investment management in the housing market. In this article, based on G.M. Sternik and S.G. Sternik’s methodology for assessing the return on investment into the development, and taking also into account the increase of information openness of the real estate market, we improved the calculation formulas, using new sources of the initial data, and recalculated the average market return on investment into the development of residential real estate in the Moscow region according to the data available for 2014–2017. We concluded that, since 2015, the average market return on investment takes negative values, i.e. the volume of investment in construction exceeds the revenue from sales in the primary market. However, in the second half of 2017, the indicator has increased to positive values, which was due to a greater extent of the decrease in the volume of residential construction in the region. The data obtained by us, together with the improved method of calculations, allow predicting with high reliability the potential of the development of the regional markets of primary housing for the purpose of investment and state planning of housing construction programs.
39
Rauf, Muhammad Adil, and Olaf Weber. "Housing Sustainability: The Effects of Speculation and Property Taxes on House Prices within and beyond the Jurisdiction." Sustainability 14, no. 12 (June 20, 2022): 7496. http://dx.doi.org/10.3390/su14127496.
Full textAbstract:
Housing plays an essential role in sustainable governance due to its socio-economic and environmental connection. However, the relationship between governance policies, market behavior, and socio-economic outcomes varies geographically and demographically. Therefore, segregated policies developed and implemented may fail to achieve their desired objectives because of the sensitivity of housing policies for their connection to human wellbeing. The effectiveness of housing policies in geographically connected regions is one of the areas that has received little attention in the Canadian context. The study follows a multi-step empirical method using a multiple linear regression model and a difference-in-difference approach to assessing the geographical variation of speculation and property taxes on housing markets. The study confirms that speculation taxes are not an effective tool in curbing house prices. Similarly, considering the role of property taxes in providing public services, delinking property taxes from a potential contributor to house prices would provide a better lens to develop local housing policies. Furthermore, the study also confirms that the housing market can be better assessed at a local scale, considering geographical influence in conjunction with investment trends.
40
Zhang, Jie Ru. "Life Cycle Management of Prefabricated Housing." Applied Mechanics and Materials 209-211 (October 2012): 1476–79. http://dx.doi.org/10.4028/www.scientific.net/amm.209-211.1476.
Full textAbstract:
With the development of economy and the improvement of living standards, people pay much attention to quality of dwellings rather than quantity. What is more, the traditional house building method is inefficient and the poor quality cannot meet the demand of the market. Therefore, a new architecture building method, prefabricated housing appears and the management method also needs to be changed. This article analyses the features of prefabricated housing in order to build a new management model for Chinese prefabricated housing. The theory of life cycle management is chosen to manage this new building mode. The technology of BIM and mass customization strategy are treated as basic theories to support this essay. Det Ljuva Livet is used as an example to prove that the life cycle management of prefabricated housing is reasonable and feasible.
41
Mohammadreza Talakesh, Seyed, Jamal Mohammadi, and Ali Zangiabadi. "Comprehensive Planning of Urban Housing in Metropolises by Focusing on Urban Integrated Management." Modern Applied Science 9, no. 13 (October 13, 2015): 22. http://dx.doi.org/10.5539/mas.v9n13p22.
Full textAbstract:
Many scholars of urban studies believe that the most important factor effective on the amount of individuals' welfare is housing. Population increase of Iran and the expansion of the range of cities in Iran in recent decades cause centralization and increase in population densities in Iran and it seems that during recent years, economic policies of housing, as the interface ring for spatial planning policies of lands and urban and rural development, has been to some extent neglected by Iran's planning officials. Considering the multidimensionality of the issue of housing, for urban housing planning the intervention of different state and urban organizations is required and the lack of a comprehensive and integrated management is tangible in this issue. Regarding the domination of municipalities over internal issues of cities and also regarding geographical, political, economic and social conditions of different cities, municipalities can burden the responsibility of this issue. The objective of the present study is to investigate the problem of housing in Iran and providing an appropriate strategy for resolving this issue. Accordingly, the study, by doing library research, administering interviews and consulting state authorities and elites of housing markets and also by using the authors' scientific and executive experiences, an organizational structure was suggested for solving the housing issue. Then, by preparing questionnaires and surveying three groups (citizens, state and municipality authorities and academic specialists) this structure was evaluated using matrix QSPM and the SWOT model. Finally, by using the conducted surveys, the desired strategies were presented for improving the performance of organizational structure.
42
He, Ge. "Equilibrium-oriented housing supply: A case study of Chengdu City, China." Panoeconomicus 60, no. 4 (2013): 557–68. http://dx.doi.org/10.2298/pan1304557h.
Full textAbstract:
There is a growing concern regarding housing supply management because of soaring housing prices consequent to recent market failure in China. This study is aimed at presenting an equilibrium-oriented housing supply management model that integrates housing supply and demand with time lag and reasonable vacancy area. For validity test of the model, Chengdu City was selected as a sample. The study establishes the feasibility of this model by demonstrating that optimized housing supply can narrow the gap between housing supply and demand. The implication of this finding is that planning of housing supply is an important management tool and that in applying this tool, local government should intervene in housing market to ensure scientific consideration of city's development position, economic growth and housing demand.
43
Kim. "The Economic Effects of Climate Change Adaptation Measures: Evidence from Miami-Dade County and New York City." Sustainability 12, no. 3 (February 4, 2020): 1097. http://dx.doi.org/10.3390/su12031097.
Full textAbstract:
This research examines the economic impact of climate change adaptation measures on the housing markets of two representative coastal cities in the United States located along the Atlantic Ocean. The results shed light on how adaptation measures and investments influence housing values and local real estate markets with respect to their place-based and local forms of implementation. Numerous quantitative approaches, with the use of geospatial data, panel-data hedonic regressions, and difference-in-differences analyses, are used to examine changes in property values associated with climate adaptation measures and the dynamics of risk perception. The results also signal how risk perception and hurricane characteristics are reflected in housing markets, thereby shedding light on the effects of anticipatory and reactive adaptation strategies on property values in these coastal communities. Collectively, the study suggests which adaptation strategies and characteristics can contribute to maximizing both community resilience and economic benefits against the weather extremes caused by climate change.
44
Brugman, Johanna. "Uncovering the individual/collective divide in planning responses to informal settlements as a structural cause of tenure insecurity in Phnom Penh, Cambodia." International Development Planning Review ahead-of-print (October 1, 2021): 1–24. http://dx.doi.org/10.3828/idpr.2022.5.
Full textAbstract:
Cambodia is a country that has received large investments of international aid to secure the land and housing rights of informal dwellers. Most investments have been directed towards funding a market-led formalisation programme known as the Land Management and Administration Program (LMAP) to stimulate land markets without critical consideration of the complex power relationships that characterise the access to secure land by the urban poor in this context. By presenting a case study of one informal settlement in Phnom Penh this paper addresses structural problems with the implementation of the LMAP including the exclusion of informal settlements from the land registry and the earmarking of public land for future development. The paper reveals another layer of complexity by explaining the implications of the individual model of the programme in the collective support networks of the urban poor and their own capacities to resist forced and market-led evictions. The paper argues that a space should be opened for collective action in informal settlement upgrading and land formalisation programmes to address the structural causes of tenure insecurity in Phnom Penh.
45
Swenson, David, and Daniel M. Otto. "Rural housing market response to nonfarm employment growth: an analysis of housing development patterns." International Journal of Public Administration 20, no. 8-9 (January 1997): 1579–98. http://dx.doi.org/10.1080/01900699708525264.
Full text
46
Mottelson, Johan. "A New Hypothesis on Informal Land Supply, Livelihood, and Urban Form in Sub-Saharan African Cities." Land 9, no. 11 (November 7, 2020): 435. http://dx.doi.org/10.3390/land9110435.
Full textAbstract:
In sub-Saharan Africa, the urban majorities are financially excluded from the formal housing markets and reside in informal settlements. Limited knowledge on the development of informal settlements compromises the efficacy of urban planning and policies targeting such areas. This study presents an analysis of informal urban land use in four major cities in East Africa, as well as an analysis of urban form and household conditions in a case study area in each city. The study found more compact urban form, higher levels of tenants and overcrowding, and lower levels of access to water and sanitation in the examined cities with limited informal urban land use. The study argues that government repression of informal urban development decreases informal land supply and leads to increased competition in the informal land market, causing higher costs of accommodation and consequent fewer household resources for investments in infrastructure and thereby more compromised livelihood. The study argues that governments should accept some modes of informal development, simplify the urban development administration processes, and use technological innovation in land surveys and management, in order to lower costs of accommodation and improve livelihoods for the urban majority financially excluded from the formal housing market in East Africa.
47
Guo, Jingyi, Junwu Wang, Denghui Liu, Shi Qiao, and Han Wu. "Study of a System Dynamics Model of Wuhan Commodity Housing Price." Advances in Civil Engineering 2021 (July 10, 2021): 1–21. http://dx.doi.org/10.1155/2021/6672038.
Full textAbstract:
Commodity housing is the most important product in the development of modern civil engineering, and it is also the frontier problem of modern engineering project management research. The progress of civil engineering in China can be seen to a great extent through the development of commercial housing. In order to solve the severe problem of rapid growth of commodity housing price in China, considering the advantages of system dynamics theory, a system dynamics model of commodity housing price is constructed. Eight subsystems, namely, housing demand, housing supply, housing price, urban population, urban economy, housing land, housing tenancy, and macro-control, are studied. Taking the relevant data of Wuhan as an example, the Vensim DSS is used for simulations. In addition, a validity test and sensitivity test are used to verify the validity and feasibility of the model, respectively. Based on the model, it is successfully predicted that the price of commercial housing in Wuhan will reach 18,207.9 yuan/m2 in 2030, which provides a more systematic method of prediction for synthesis simulation of commercial housing markets. From the perspective of the developer loan interest rate, real estate tax rate, purchase restriction, and other policies, we show that the developer loan interest rate regulation policy has the strongest effect on guiding the change in commercial housing prices in Wuhan. Generally, this study provides insight into the responses that the national government could use to control housing prices.
48
Zapotoskiy, S., V. Zapototska, and I. Horyn. "Trends and prospects of houses construction in Ukraine." Bulletin of Taras Shevchenko National University of Kyiv. Geography, no. 62 (2014): 45–49. http://dx.doi.org/10.17721/1728-2721.2014.62.11.
Full textAbstract:
This paper considers the theoretical, methodological and applied principles of forming the housing market. The development of the domestic housing market evaluated the economic and management criteria. The first included the analysis of socio-economic factors that shape demand, supply and price in the housing market, their territorial differences and features that occur on different areas. Management criteria of market functioning touch answers of the influence of levers efficiency on the housing market. The main among them marked shortage of living quarters supply that is too complex and the difficult mechanism of licensing procedures, government support and the support of government programs in the construction industry, support the mortgage, maintenance procedures and guaranteed investment housing, restrictions on fraud in the housing market.
49
Mallach, Alan. "Lessons From Las Vegas: Housing Markets, Neighborhoods, and Distressed Single-Family Property Investors." Housing Policy Debate 24, no. 4 (May 19, 2014): 769–801. http://dx.doi.org/10.1080/10511482.2013.872160.
Full text
50
Tsai, I.-Chun, and Shu-Hen Chiang. "Risk Transfer among Housing Markets in Major Cities in China." Sustainability 10, no. 7 (July 9, 2018): 2386. http://dx.doi.org/10.3390/su10072386.
Full text