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Book
Understanding affordability : the economics of housing markets
Authors: ---
ISBN: 9781529211887 9781529211863 9781529211856 1529211859 1529211867 9781447351023 1447351029 9781447351030 1447351037 1447351053 1529211875 1529211891 1529211883 Year: 2020 Publisher: Bristol : Bristol University Press,

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Abstract

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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