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Affordable Rental Housing Making It Part Of Europes Recovery
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Book Synopsis Affordable Rental Housing: Making It Part of Europe’s Recovery by : Khalid ElFayoumi
Download or read book Affordable Rental Housing: Making It Part of Europe’s Recovery written by Khalid ElFayoumi and published by International Monetary Fund. This book was released on 2021-05-24 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many European economies have faced pressure from rental housing affordability that has widened social and economic divergence. While significant country and regional differences exist, this departmental paper finds that in many advanced European economies a large and rising share of low-income renters, the young, and those living in cities is overburdened. In several locations, middle-income groups also increasingly face rental affordability issues.
Book Synopsis Promoting Rental Housing Affordability in European Cities by : Marco Peverini
Download or read book Promoting Rental Housing Affordability in European Cities written by Marco Peverini and published by Springer Nature. This book was released on 2023-12-20 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates policies for the promotion of housing affordability in the rental sector of attractive cities in Europe. Affordability links the housing situation to the economic situation of households, referring to conditions of access to housing and to the role of housing in determining poverty or wealth. The book examines the current affordability crisis and frames it in the ongoing process of urban restructuring and devolution of welfare. From the perspective of the Foundational Economy, the book calls for a proactive and effective role of public administrations in making the rental sector an affordable and stable alternative to housing financialization and commodification. By intertwining theory construction and real-world data collected through case studies in Milan and Vienna, the book provides an original framework for the analysis of public policies that promote rental affordability in a multi-level setting. Through the analysis, it highlights critical nodes of the different (housing, urban, and social) policy domains at stake in the promotion of rental affordability in attractive cities. The book proposes a shift from the currently dominant supply-side argument to an integrated, intersectoral and multi-scalar policy system for making cities more affordable.
Book Synopsis OECD Economic Surveys: Denmark 2021 by : OECD
Download or read book OECD Economic Surveys: Denmark 2021 written by OECD and published by OECD Publishing. This book was released on 2021-12-16 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Danish economy has recovered quickly from the COVID-19 crisis. Rapid action to support firms and households contained the economic contraction to one of the mildest in Europe, while fast vaccine rollout enabled the removal of shutdown restrictions and an early reopening.
Book Synopsis The New Housing Shortage by : Graham Hallett
Download or read book The New Housing Shortage written by Graham Hallett and published by Routledge. This book was released on 2021-06-29 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1993, this book is a detailed comparative examination of the housing issue by housing experts, looking at the USA, UK, Germany, the Netherlands and France. The volume offers an excellent blend of critical analysis and practical policy recommendations, including a better targeting of tax concessions, a move back to social housing more diverse than in the past and measures for reducing homelessness. Perennial issues which remain as pertinent today as when the book was first published are also discussed: homelessness, housing affordability for people on low incomes, changes in housing markets.
Book Synopsis OECD Economic Surveys: Norway 2022 by : OECD
Download or read book OECD Economic Surveys: Norway 2022 written by OECD and published by OECD Publishing. This book was released on 2022-02-22 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: OECD’s periodic surveys of the Norwegian economy. Each edition surveys the major challenges faced by the country, evaluates the short-term outlook, and makes specific policy recommendations. Special chapters take a more detailed look at specific challenges. Extensive statistical information is included in charts and graphs.
Book Synopsis European Housing Markets at a Turning Point – Risks, Household and Bank Vulnerabilities, and Policy Options by : Ms. Laura Valderrama
Download or read book European Housing Markets at a Turning Point – Risks, Household and Bank Vulnerabilities, and Policy Options written by Ms. Laura Valderrama and published by International Monetary Fund. This book was released on 2023-03-24 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: European housing markets are at a turning point as the cost-of-living crisis has eroded real incomes and the surge in interest rates has made borrowers more vulnerable to financial distress. This paper aims to (i) shed light on the risks in European housing markets, (ii) quantify household vulnerabilties, (iii) assess banking sector implications and (iv) examine policies’ effectiveness using simulations based on microdata from the Household Finance and Consumption Survey (HFCS) and EU statistics on income and living conditions (EU-SILC). Under the baseline IMF macroeconomic forecast, the share of households that could struggle to meet basic expenses could rise by 10 pps reaching a third of all households by end 2023. Under an adverse scenario, 45 percent of households could be financially stretched, representing over 40 percent of mortgage debt and 45 percent of consumer debt. The impact on the banking sector seems contained under the baseline forecast, though there are pockets of vulnerability. A 20 percent house price correction could deplete CET1 capital by 100-300 basis points. Fiscal measures, such as subsidies to the bottom income tercile, could save 7 percent of households from financial distress at an estimated cost of 0.8 percent of GDP.
Book Synopsis How Great Cities Happen by : John Stanley
Download or read book How Great Cities Happen written by John Stanley and published by Edward Elgar Publishing. This book was released on 2023-01-17 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Urban planners in developed countries are increasingly recognizing the need for closer integration of land use and transport. However, this updated second edition of How Great Cities Happen explains how crises like climate change and the lack of affordable housing demonstrate the urgent need for a broader approach in order to create and sustain great cities. Offering innovative solutions to these contemporary challenges, the book examines emerging directions in strategic land use transport planning and analyses how cities function as a home for future generations and other species.
Book Synopsis Towards a Sustainable Construction Industry: The Role of Innovation and Digitalisation by : Clinton Aigbavboa
Download or read book Towards a Sustainable Construction Industry: The Role of Innovation and Digitalisation written by Clinton Aigbavboa and published by Springer Nature. This book was released on 2023-04-23 with total page 817 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers papers from the 12th Construction Industry Development Board (CIDB) Postgraduate Research Conference, which was held at the International Convention Centre, East London, Eastern Cape, South Africa, from July 10 to 12, 2022. The conference directly addresses the objectives of SDG9: “Building resilient infrastructure, promoting inclusive and sustainable industrialization and fostering innovation”. Moreover, the conference is designed to promote capacity development and transformation within the built-environment space by providing an all-inclusive platform to established and emerging researchers to discuss the recent advancements needed to move the industry forward.
Book Synopsis The Pricing-Out Phenomenon in the U.S. Housing Market by : Francesco Beraldi
Download or read book The Pricing-Out Phenomenon in the U.S. Housing Market written by Francesco Beraldi and published by International Monetary Fund. This book was released on 2023-01-06 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic further extended the multi-year housing boom in advanced economies and emerging markets alike against massive monetary easing during the pandemic. In this paper, we analyze the pricing-out phenomenon in the U.S. residential housing market due to higher house prices associated with monetary easing. We first set up a stylized general equilibrium model and show that although monetary easing decreases the mortgage payment burden, it would raise house prices, lower housing affordability for first-time homebuyers, and increase housing wealth inequality between first-time and repeat homebuyers. We then use the U.S. household-level data to quantify the effect of the house price change on housing affordability relative to that of the interest rate change. We find evidence of the pricing-out effect for all homebuyers; moreover, we find that the pricing-out effect is stronger for first-time homebuyers than for repeat homebuyers. The paper highlights the importance of accounting for general equilibrium effects and distributional implications of monetary policy while assessing housing affordability. It also calls for complementing monetary easing with well-targeted policy measures that can boost housing affordability, particularly for first-time and lower-income households. Such measures are also needed during aggressive monetary tightening, given that the fall in house prices may be insufficient or too slow to fully offset the immediate adverse impact of higher rates on housing affordability.
Download or read book Iceland written by International Monetary and published by International Monetary Fund. This book was released on 2022-06-27 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Iceland: Selected Issues
Author :INTERNATIONAL MONETARY FUND. Publisher :International Monetary Fund ISBN 13 :151359348X Total Pages :35 pages Book Rating :4.5/5 (135 download)
Book Synopsis Regional Economic Outlook, October 2021, Europe by : INTERNATIONAL MONETARY FUND.
Download or read book Regional Economic Outlook, October 2021, Europe written by INTERNATIONAL MONETARY FUND. and published by International Monetary Fund. This book was released on 2021-10-20 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Europe Regional Economic Outlook, The European Recovery: Policy Recalibration and Sectoral Reallocation, October 2021
Book Synopsis Real Estate in the Netherlands: A Taxonomy of Risks and Policy Challenges by : André Geis
Download or read book Real Estate in the Netherlands: A Taxonomy of Risks and Policy Challenges written by André Geis and published by International Monetary Fund. This book was released on 2021-08-06 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Soaring real estate prices and valuations despite the economic downturn brought by the pandemic have focussed the attention of Dutch policymakers on potential macro-financial and socio-economic implications. In this context, our paper reviews the salient features of Dutch commercial and residential real estate markets with an eye to identify pertinent risks and challenges. While we find that the Dutch authorities have made considerable strides to strengthen real estate-related policies in recent years, some, and partly long-standing, issues remain, requiring additional efforts to bolster financial stability, address housing supply shortages and manage secular changes affecting property markets.
Book Synopsis Principality of Andorra by : International Monetary Fund. African Dept.
Download or read book Principality of Andorra written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2024-03-06 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: Principality of Andorra: Selected Issues
Book Synopsis Affordable Land and Housing in [name of Region].: Europe and North America by : Brendan McBride
Download or read book Affordable Land and Housing in [name of Region].: Europe and North America written by Brendan McBride and published by . This book was released on 2011 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Private Rental Housing in Transition Countries by : József Hegedüs
Download or read book Private Rental Housing in Transition Countries written by József Hegedüs and published by Springer. This book was released on 2017-09-12 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an overview of private rented housing in selected new EU member states and other transition countries – a topic scarcely researched to date, as it is largely part of the informal economy, and consequently often invisible to official statistics. Part I presents the private rented sector in Western and Northern European countries, the history of private renting under socialism in Central and Eastern Europe, and thematic issues such as restitution and marginalized groups depending on privately rented housing. Part II provides a series of country case studies from the Central and East European region. Part III concludes with chapters on the possibility of utilizing the private rental sector in affordable housing provision through good practices in both old and new EU member states, and sets out to further the housing policy debate on European housing regimes. This unique edited collection will be of great value to scholars of and practitioners involved in housing policy and economics, urban development, international relations, politics, economics and sociology.
Book Synopsis Affordable Housing Governance and Finance by : Gerard Van Bortel
Download or read book Affordable Housing Governance and Finance written by Gerard Van Bortel and published by Routledge. This book was released on 2018-09-03 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a large shortage of affordable housing across Europe. In high‐demand urban areas housing shortages lead to unaffordable prices for many target groups. This book explores innovations to support a sufficient supply of affordable and sustainable rental housing. Affordable housing is increasingly developed, financed and managed by a mix of market, state, third sector and community actors. Recent decades in large parts of the Western world have consecutively shown state-dominated, non-profit housing sectors, an increased role for market forces and the private sector, and the rise of initiatives by citizens and local communities. The variety of hybrid governance and finance arrangements is predicted to increase further, leading to new affordable housing delivery and management models. This book explores these innovations, with a focus on developments across Europe, and comparative chapters from the USA and Australia. The book presents new thinking in collaborative housing, co-production and accompanying finance mechanisms in order to support the quantity and the quality of affordable rental housing. Combining academic robustness with practical relevance, chapters are written by renowned housing researchers in collaboration with practitioners from the housing sector. The book not only presents, compares and contrasts affordable housing solutions, but also explores the transferability of innovations to other countries. The book is essential reading for researchers and professionals in housing, social policy, urban planning and finance.
Book Synopsis Rental Housing by : Ira Gary Peppercorn
Download or read book Rental Housing written by Ira Gary Peppercorn and published by World Bank Publications. This book was released on 2013-03-20 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: The discussion of where people live and how people pay for their housing has undergone a significant shift. Until the mortgage crisis erupted in 2008, the housing policy of most nations focused on increasing home ownership. There had been very little discussion about rental housing, less about social housing, and virtually none about public housing. The mortgage crisis showed the challenges inherent in pushing for home ownership for all. With homes going into foreclosure and with credit tightening in many countries, the need for rental housing increased dramatically. However, most countries are only beginning to consider supporting rental housing as a shelter option. This book is an effort to bring rental housing to the forefront of the housing agenda and to provide general guidance to policy makers. The information it provides can assist key players in housing markets--government officials, private rental property owners, financiers, and nongovernmental organizations--in including rental housing as a critical housing option and in having an informed discussion on how best to stimulate this sector.
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