Housing affordability: a framing, synthesis of research and policy, and future directions
We synthesize the vast, international scholarly literature related to the growing problem of housing affordability. As a foundation for assessing both the causes of housing affordability problems and possible policies for alleviating them, we take a systematic, holistic perspective and specify nine...
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| Published in | International Journal of Urban Sciences Vol. 25; no. S1; pp. 7 - 58 |
|---|---|
| Main Authors | , |
| Format | Journal Article |
| Language | English |
| Published |
Abingdon
Routledge
01.01.2021
Taylor & Francis Ltd 도시과학연구원 |
| Subjects | |
| Online Access | Get full text |
| ISSN | 1226-5934 2161-6779 |
| DOI | 10.1080/12265934.2020.1713864 |
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| Abstract | We synthesize the vast, international scholarly literature related to the growing problem of housing affordability. As a foundation for assessing both the causes of housing affordability problems and possible policies for alleviating them, we take a systematic, holistic perspective and specify nine structural relationships for a metropolitan area that comprehensively delineate the determinants of housing affordability. We discuss concepts and measures of housing affordability, evidence on the primary causes and effects of unaffordable housing, alternative policy approaches, potential future trends in affordability, and suggestions for further research. While focusing on the most recent, high-quality empirical evidence, we also rely on previously published reviews and seminal papers in order to provide historical perspective on how the literature has evolved. Our reconnaissance of the international literature since 2008 demonstrates that although evaluation research in the context of western, developed countries' housing policies has dominated, increasingly such research has emerged from other countries.
Highlights
We discuss how to frame housing affordability issues, synthesize evidence from the relevant literature, and propose directions for future research.
We take a holistic perspective to understand causes of housing affordability problems and assess policy responses.
Our review of the international scholarly literature encompasses the evidence from non-western, developing countries.
Despite the extensive literature, there remain unexplored questions and emerging topics. |
|---|---|
| AbstractList | We synthesize the vast, international scholarly literature related to the growing problem of housing affordability. As a foundation for assessing both the causes of housing affordability problems and possible policies for alleviating them, we take a systematic, holistic perspective and specify nine structural relationships for a metropolitan area that comprehensively delineate the determinants of housing affordability. We discuss concepts and measures of housing affordability, evidence on the primary causes and effects of unaffordable housing, alternative policy approaches, potential future trends in affordability, and suggestions for further research. While focusing on the most recent, high-quality empirical evidence, we also rely on previously published reviews and seminal papers in order to provide historical perspective on how the literature has evolved. Our reconnaissance of the international literature since 2008 demonstrates that although evaluation research in the context of western, developed countries’ housing policies has dominated, increasingly such research has emerged from other countries. KCI Citation Count: 17 We synthesize the vast, international scholarly literature related to the growing problem of housing affordability. As a foundation for assessing both the causes of housing affordability problems and possible policies for alleviating them, we take a systematic, holistic perspective and specify nine structural relationships for a metropolitan area that comprehensively delineate the determinants of housing affordability. We discuss concepts and measures of housing affordability, evidence on the primary causes and effects of unaffordable housing, alternative policy approaches, potential future trends in affordability, and suggestions for further research. While focusing on the most recent, high-quality empirical evidence, we also rely on previously published reviews and seminal papers in order to provide historical perspective on how the literature has evolved. Our reconnaissance of the international literature since 2008 demonstrates that although evaluation research in the context of western, developed countries' housing policies has dominated, increasingly such research has emerged from other countries. Highlights We discuss how to frame housing affordability issues, synthesize evidence from the relevant literature, and propose directions for future research. We take a holistic perspective to understand causes of housing affordability problems and assess policy responses. Our review of the international scholarly literature encompasses the evidence from non-western, developing countries. Despite the extensive literature, there remain unexplored questions and emerging topics. We synthesize the vast, international scholarly literature related to the growing problem of housing affordability. As a foundation for assessing both the causes of housing affordability problems and possible policies for alleviating them, we take a systematic, holistic perspective and specify nine structural relationships for a metropolitan area that comprehensively delineate the determinants of housing affordability. We discuss concepts and measures of housing affordability, evidence on the primary causes and effects of unaffordable housing, alternative policy approaches, potential future trends in affordability, and suggestions for further research. While focusing on the most recent, high-quality empirical evidence, we also rely on previously published reviews and seminal papers in order to provide historical perspective on how the literature has evolved. Our reconnaissance of the international literature since 2008 demonstrates that although evaluation research in the context of western, developed countries’ housing policies has dominated, increasingly such research has emerged from other countries.HighlightsWe discuss how to frame housing affordability issues, synthesize evidence from the relevant literature, and propose directions for future research.We take a holistic perspective to understand causes of housing affordability problems and assess policy responses.Our review of the international scholarly literature encompasses the evidence from non-western, developing countries.Despite the extensive literature, there remain unexplored questions and emerging topics. |
| Author | Lee, Kwan Ok Galster, George |
| Author_xml | – sequence: 1 givenname: George surname: Galster fullname: Galster, George organization: Department of Urban Studies and Planning, Wayne State University – sequence: 2 givenname: Kwan Ok orcidid: 0000-0003-2545-2591 surname: Lee fullname: Lee, Kwan Ok email: rstleeko@nus.edu.sg organization: Department of Real Estate & Institute of Real Estate and Urban Studies, National University of Singapore |
| BackLink | https://www.kci.go.kr/kciportal/ci/sereArticleSearch/ciSereArtiView.kci?sereArticleSearchBean.artiId=ART002680239$$DAccess content in National Research Foundation of Korea (NRF) |
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| Snippet | We synthesize the vast, international scholarly literature related to the growing problem of housing affordability. As a foundation for assessing both the... |
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| SubjectTerms | Affordability affordable housing policy construction costs Developed countries Developing countries Evaluation research Housing policy housing prices LDCs policy evaluation rent burdens 학제간연구 |
| Title | Housing affordability: a framing, synthesis of research and policy, and future directions |
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