摘要:

ABSTRACTThe imbalance in the age structure of the U.S. population has created conditions for heavy demand and consequently pressures for rising relative prices in the market for owner‐occupied single family housing in the 1980s and 1990s. Working in reverse, the unbalanced demographics may well lead to the falling relative price of housing around 2010, the period in which the baby boom generation will be retiring and may wish to liquidate its housing investment. Changes in housing policies during the 1980s could help offset the anticipated costs associated with the swings in demand pressures in the housing market over the next forty years. Current favorable tax and financial policies toward homeownership encourage both the overconsumption of housing and the overinvestment in housing as a retirement asset. Tax and financial policies could be changed to neutralize the attractiveness of owner‐occupied single family units relative to alternative types of housing units. To avoid overbuilding for the future, policies could encourage the efficient use of existing housing resources through intergenerational turnover, upgrading of units and neighborhood improvement, and condominium‐style conversion of multiunit structures from rental to owner‐occupancy. Finally, tax and financial policies toward investment could encourage the baby boom generation to diversify its retirement assets outside of

ISSN:0190-292X    

DOI:10.1111/j.1541-0072.1979.tb01573.x

出版商:Blackwell Publishing Ltd    

年代:1979

数据来源: WILEY

摘要:

ABSTRACTThe nature of the housing problem in the United States has changed over the years while the posed solutions have not. Today the U.S. has both a surplus of housing and a shortage–the housing space is not effectively distributed. This article suggests the magnitude of underutilization of our housing space and discusses the federal and local policies which encourage over‐consumption and discourage voluntary redistribution. Some pertinent recent Supreme Court decisions are discus

ISSN:0190-292X    

DOI:10.1111/j.1541-0072.1979.tb01574.x

出版商:Blackwell Publishing Ltd    

年代:1979

数据来源: WILEY

摘要:

ABSTRACTThe 1970's has been a period in which three trends have coincided: housing prices have been escalating, wives have continued to enter the labor force, and legislation prohibiting discrimination in mortgage markets on the basis of sex and marital status has been enacted. In this paper, we examine the role of the two‐earner family–one in which both husband and wife work–in the housing market of the 1970's, and the interrelation of this household type with other factors shaping the current high demand for housing. We also speculate on the role of the two‐earner family in the housing market of the 1980's. We conclude that two‐earner families are in a position to increase their housing outlays in the future, that the continued growth in the number of two‐earner families will add to future housing demand, but that many two‐earner families may be divorced couples of the future. This suggests that, while there will be a strong impact on single‐family home demand, there will also be some restructuring of demand toward rental housing and cooperative/condom

ISSN:0190-292X    

DOI:10.1111/j.1541-0072.1979.tb01575.x

出版商:Blackwell Publishing Ltd    

年代:1979

数据来源: WILEY

ISSN:0190-292X    

DOI:10.1111/j.1541-0072.1979.tb01576.x

出版商:Blackwell Publishing Ltd    

年代:1979

数据来源: WILEY

ISSN:0190-292X    

DOI:10.1111/j.1541-0072.1979.tb01577.x

出版商:Blackwell Publishing Ltd    

年代:1979

数据来源: WILEY

ISSN:0190-292X    

DOI:10.1111/j.1541-0072.1979.tb01578.x

出版商:Blackwell Publishing Ltd    

年代:1979

数据来源: WILEY

摘要:

ABSTRACTThis paper examines the effects of various land use and environmental regulations on land and housing markets. Seven widely used techniques for controlling residential development appear to generate four “direct” and two “indirect” inflationary impacts. Land use and environmental controls directly affect the supply and cost of residential land, shift the cost of public services forward to developers, and increase delay and compliance costs associated with project evaluation. Development controls may also inadvertently facilitate monopolistic behavior in the development industry and predispose developers to orient their projects to high income groups onto which they can more easily pass along higher costs. The paper concludes by offering several policies for reducing the inflationary effects of environmental regu

ISSN:0190-292X    

DOI:10.1111/j.1541-0072.1979.tb01579.x

出版商:Blackwell Publishing Ltd    

年代:1979

数据来源: WILEY

摘要:

ABSTRACTCan a state re‐assertion of power to override local exclusionary zoning practices “open up” the suburbs for low and moderate income households? Such an approach, tried in Massachusetts over the last ten years, has had some notable, though limited results. Some 14,000 units of LMIH have been proposed under the innovative provisions of the Massachusetts “Anti‐Snob Zoning” Law, but only about 3,600 have actually been built. The foremost factor limiting the impact of the law has been persistent resistance to it by suburbanites. While much suburban opposition undoubtably stems from racial prejudice and fears, some is based upon rational concern over the costs to local communities of providing services to the residents of subsidized housing. Offsetting these costs with state and/or federal subsidies could lower major barriers to the creation of more housing opportunities in the suburbs for low and moderate inc

ISSN:0190-292X    

DOI:10.1111/j.1541-0072.1979.tb01580.x

出版商:Blackwell Publishing Ltd    

年代:1979

数据来源: WILEY

摘要:

ABSTRACTIt is estimated that the Federal government will spend more than $170 million on the Experimental Housing Allowance Program (EHAP). So far more then $50 million has been spent on EHAP research alone. This paper indicates some of the analytical issues in evaluation and suggests that housing allowance policies have ample historical precedent.

ISSN:0190-292X    

DOI:10.1111/j.1541-0072.1979.tb01581.x

出版商:Blackwell Publishing Ltd    

年代:1979

数据来源: WILEY

摘要:

ABSTRACTHousing benefits and income transfers realized by Section 8 program participants are examined. The distribution of benefits depends on income eligibility rules and the level of Fair Market Rents, the latter establishing an upper limit on the quality of housing available to households. By establishing Fair Market Rents for an entire urban area, program regulations tend to exclude the poor from better quality neighborhoods. Subsidy costs for newly constructed units are twice as high as for existing units. Income eligibility rules are such that many more households are eligible than can be supported, creating difficult problems of horizontal equity. Lowering Fair Market Rents or raising the required share of tenant's income paid in rent would tend to reduce these horizontal equity problems.

ISSN:0190-292X    

DOI:10.1111/j.1541-0072.1979.tb01582.x

出版商:Blackwell Publishing Ltd    

年代:1979

数据来源: WILEY