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Housing affordability judgment and the city government housing policy choices
Author: ZhouRen
Tutor: ZhouWeiLin
School: Fudan University
Course: Regional Economics
Keywords: Housing affordability Residual income approach Method does not match Housing opportunity index Housing Policy
CLC: F293.3
Type: Master's thesis
Year: 2009
Downloads: 424
Quote: 10
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Abstract
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Housing affordability index has become the living conditions of residents and evaluate the development of common indicators residential market . Simply put, housing affordability is a measure of whether residents have the ability to afford to buy or rent a set of affordable housing. If there is affordability crisis , the reason for housing payment difficulties and housing affordability crisis is the government housing policy formulation level of theory. Therefore, in formulating housing security policies , it must be related to housing affordability study . Housing affordability meaning at least from the aggregate level , the structure of social inequality and the three dimensions of housing supply structure to be understood , and the price earnings ratio and the monthly payment to income ratio indicators are difficult to measure social inequality structures and housing supply structure impact of housing affordability , housing affordability in the country but also the structural effects of the lack of research . This article describes a variety of common international evaluation of housing affordability index and its application , and the residual income method and housing affordability are not to be combined with matching methods , the use of housing opportunity index and housing opportunities curve measures the Shanghai housing affordability ability health Study found that from 2000 to 2007 Shanghai residents have housing affordability worsening trend , in addition to the rapid rise in housing prices , the gradual expansion of the wealth gap and residential units irrational supply structure is deteriorating housing affordability important reasons . The research methods and related conclusions , academic level in housing affordability rich connotation , and government to develop housing plans and the introduction of multi-level housing security policies with a strong reference value. The city government 's housing security policy is to solve the housing affordability crisis, specific methods , including supply and demand policies policy , two policies have their own advantages and disadvantages. Finally, to solve the housing affordability crisis , but also to evaluate housing affordability indicators correspond with housing policy .
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CLC: > Economic > Economic planning and management > Urban and municipal economy > Urban Economics and Management > The real estate economy
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