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Author: Kevin Neels Publisher: ISBN: Category : Business & Economics Languages : en Pages : 152
Book Description
Examines the economics of owning and operating rental property from the viewpoint of the landlord in two midwestern housing markets. Increased cost factors during the time of the study (1973-1977) included greatly increased energy costs, price of repairs, and a sharp increase in operation inputs (labor). The prices of capital and land fell during the time period. The portion of gross rent that landlords receive for owning a property constitutes a relatively small fraction of their equity income. Landlords in both sites made most of their money through appreciation in property values. Tax benefits help wealthy landlords and do not help the poorer ones. Subsidies that lower capital or operating costs for all rental properties succeed in treating comparable households similarly. Housing allowances provide benefits directly to needy renters. The benefits reach landlords as reduced vacancy losses, fewer bad debts, or in tight markets, higher rent levels. By increasing rates of return in the lower part of the market, housing allowances concentrate growth in supply, where it is needed most.
Author: Kevin Neels Publisher: ISBN: Category : Business & Economics Languages : en Pages : 152
Book Description
Examines the economics of owning and operating rental property from the viewpoint of the landlord in two midwestern housing markets. Increased cost factors during the time of the study (1973-1977) included greatly increased energy costs, price of repairs, and a sharp increase in operation inputs (labor). The prices of capital and land fell during the time period. The portion of gross rent that landlords receive for owning a property constitutes a relatively small fraction of their equity income. Landlords in both sites made most of their money through appreciation in property values. Tax benefits help wealthy landlords and do not help the poorer ones. Subsidies that lower capital or operating costs for all rental properties succeed in treating comparable households similarly. Housing allowances provide benefits directly to needy renters. The benefits reach landlords as reduced vacancy losses, fewer bad debts, or in tight markets, higher rent levels. By increasing rates of return in the lower part of the market, housing allowances concentrate growth in supply, where it is needed most.
Author: George Fallis Publisher: Butterworth-Heinemann ISBN: 1483192563 Category : Business & Economics Languages : en Pages : 250
Book Description
Housing Economics provides information pertinent to the fundamental aspects of housing economics. This book discusses the economic theory of how households make housing choices, how suppliers make decisions, and how changes in exogenous variables alter the market outcome. Organized into 10 chapters, this book begins with an overview of the nature of housing economics and explains why the standard microeconomic models need to be modified. This text then examines the demand side of the housing market. Other chapters provide an economic analysis of the supply side of the housing market. This book discusses as well the housing market models as they arise in a more macroeconomic context. The final chapter deals with the effects of different housing programs on consumers, producers, and the market equilibrium. This book is a valuable resource for undergraduate students of economics. Planners, urban geographers, policy analysts, and civil servants will also find this book useful.
Author: Ira Gary Peppercorn Publisher: World Bank Publications ISBN: 0821397982 Category : Business & Economics Languages : en Pages : 177
Book Description
This book aims to bring rental housing to the forefront of the housing agenda in countries around the world and to provide general guidance for policy makers on how to develop or redevelop a sound rental sector.
Author: John Gilderbloom Publisher: Temple University Press ISBN: 1439906718 Category : Business & Economics Languages : en Pages : 299
Book Description
In recent years, almost daily media attention has been focused on the plight of the homeless in cities across the United States. Drawing upon experiences in the U.S. and Europe, John Gilderbloom and Richard Appelbaum challenge conventional assumptions concerning the operation of housing markets and provide policy alternatives directed at the needs of low- and moderate-income families. Rethinking Rental Housing is a ground-breaking analysis that shows the value of applying a broad sociological approach to urban problems, one that takes into account the basic economic, social, and political dimensions of the urban housing crisis. Gilderbloom and Appelbaum predict that this crisis will worsen in the 1990s and argue that a "supply and demand" approach will not work in this case because housing markets are not competitive. They propose that the most effective approach to affordable housing is to provide non-market alternatives fashioned after European housing programs, particularly the Swedish model. An important feature of this book is the discussion of tenant movements that have tried to implement community values in opposition to values of development and landlord capital. One of the very few publications on rental housing, it is unique in applying a sociological framework to the study of this topic.
Author: Richard K. Green Publisher: The Urban Insitute ISBN: 9780877667025 Category : Political Science Languages : en Pages : 240
Book Description
The first book that explains the economics of housing policy for a general audience. Planners, government officials, and public policy students will find that the economic perspective is a very powerful and useful way to examine these issues. The authors provide a broad review of the market for housing services in the U.S., including a conceptual framework, an overview of housing demand and supply, methods for measuring prices and quantities, and sources of basic data on markets. They cover housing programs and polices, and offer answers to policy questions that are of current interest. The book has been field-tested in graduate and undergraduate courses in urban and housing economics at the University of Wisconsin, the University of California--Berkeley, The University of Pennsylvania, and others. This book is also sure to be useful to policymakers, advocates, economists, and anyone interested in a clear picture of how housing markets function. Published in cooperation with the American Real Estate and Urban Economics Association (AREUEA).
Author: Charles W. Baird Publisher: Cato Institute ISBN: 1937184404 Category : Political Science Languages : en Pages : 117
Book Description
In this study, Dr. Charles Baird addresses the rent control boom currently underway in the United States. Beginning with the fundamentals of supply and demand for housing, Baird expands his analysis to include questions of equity, housing availability, and special interest manipulation of regulatory statutes. He shows that high housing costs do not occur in a vacuum but are related to many other governmental policies including zoning, housing codes, and environmental issues.
Author: Kevin Neels
Author: Kevin Neels
Author: George Fallis
Author: Ira Gary Peppercorn
Author: Sydney Jacqueline Key
Author: Milton Friedman
Author: John Gilderbloom
Author: Franklin J. James
Author: Richard K. Green
Author: Housing Economics (Firm)
Author: Charles W. Baird