Description

For many younger and lower-income people, housing affordability continues to worsen. Based on the academic research of two distinguished housing economists – and stimulated by working with governments across the world - this wide-ranging book sets out clear theoretical and empirical frameworks to tackle one of today’s most important socio-economic issues. Housing unaffordability arises from complex forces and a prerequisite to effective policy is understanding the causes of rising house prices and rents and the interactions between housing, housing finance and the macroeconomy. The authors challenge many of the conventional wisdoms in housing policy and offer innovative recommendations to improve affordability.

Understanding Affordability: The Economics of Housing Markets

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Hardback by Geoffrey Meen , Christine Whitehead

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For many younger and lower-income people, housing affordability continues to worsen. Based on the academic research of two distinguished housing... Read more

    Publisher: Bristol University Press
    Publication Date: 08/07/2020
    ISBN13: 9781529211863, 978-1529211863
    ISBN10: 1529211867

    Number of Pages: 336

    Description

    For many younger and lower-income people, housing affordability continues to worsen. Based on the academic research of two distinguished housing economists – and stimulated by working with governments across the world - this wide-ranging book sets out clear theoretical and empirical frameworks to tackle one of today’s most important socio-economic issues. Housing unaffordability arises from complex forces and a prerequisite to effective policy is understanding the causes of rising house prices and rents and the interactions between housing, housing finance and the macroeconomy. The authors challenge many of the conventional wisdoms in housing policy and offer innovative recommendations to improve affordability.

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