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House prices have increased faster than average income in many countries over the last decade, raising concerns on the affordability of housing. We study the impact of transaction taxes on the real estate market and the effectiveness of tax subsidies to make housing more affordable. We show how...
Persistent link: https://www.econbiz.de/10012520375
This paper analyzes the housing markets and housing policies in Hong Kong, China and the People's Republic of China … considerably. Hong Kong, China has adopted a railway and property development model, which involves close collaboration between the … policies in both markets are in line with their social welfare systems. Hong Kong, China favors the elderly and the poor, thus …
Persistent link: https://www.econbiz.de/10011453313
New Zealand’s housing supply has not kept pace with rising demand, including from net immigration. Affordability has worsened, particularly for low-income renters. Government action is underway to allow new housing through initiatives such as the Urban Growth Agenda, KiwiBuild and the Housing...
Persistent link: https://www.econbiz.de/10012111105
In a context marked by rapid urbanisation, growing housing demand and the worsening impacts of climate change, national governments play a vital role in delivering environmentally sustainable cities with adequate and affordable housing. This paper reviews national housing policy instruments from...
Persistent link: https://www.econbiz.de/10012230632
This paper analyzes the impact of the sale of rental housing in Amsterdam on the local housing market. This increases the supply of owner-occupied housing, but can also contribute to gentrification associated with the inflow of different household groups. Earlier literature focused on the former...
Persistent link: https://www.econbiz.de/10011801481
We use a quantitative spatial equilibrium model to evaluate the distributional and welfare impacts of a recent temporary rent control policy in Berlin, Germany. We calibrate the model to key features of Berlin’s housing market, in particular the recent gentrification of inner city locations....
Persistent link: https://www.econbiz.de/10012696919
We provide an analysis of the housing market and current housing policies in three developed countries: the United Kingdom (UK), Switzerland, and the United States (US). We focus on these three countries mainly due to the marked differences in their institutional settings. The UK is...
Persistent link: https://www.econbiz.de/10011470938
Focusing primarily on public housing transfers in Queensland, South Australia and Tasmania, this Inquiry analysed the associated processes and frameworks to reveal the lessons learned. The case studies reveal aspects of transfer practices such as capturing Rent Assistance-enhanced revenues; the...
Persistent link: https://www.econbiz.de/10012953521
This study investigated the capacity constraints affecting Australia's affordable housing industry, which is critical to addressing the housing needs of low-income Australians. Industry stability and growth relies on government policy continuity and directional clarity; subsidies being adequate,...
Persistent link: https://www.econbiz.de/10012954843
This project examined state government-led innovations in affordable housing through analysis of two state-level strategies and two state-level programs. The research shows effective strategies and programs rely on strong political leadership; adopt a whole-of-housing industry approach to...
Persistent link: https://www.econbiz.de/10012945884