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Indicators of Local Housing Affordability: Comparative and Spatial Approaches

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  • Amy S. Bogdon
  • Ayse Can
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    Abstract

    This paper focuses on the measurement of local housing affordability problems. A number of different housing market indicators are offered that help identify the magnitude and nature of housing affordability problems and their geographic distribution. This interest is prompted by the predominance of housing affordability problems and the severity of the problems for many of the lowest income renter households. In addition, there is significant policy interest in "the national goal that every American family be able to afford a decent home in a suitable environment" (National Affordable Housing Act of 1990). This paper develops measures of the spatial distribution of affordability problems and implements measures of the mismatch between the demand and supply of housing affordable to the lowest income households. Copyright American Real Estate and Urban Economics Association.

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    Bibliographic Info

    Article provided by American Real Estate and Urban Economics Association in its journal Real Estate Economics.

    Volume (Year): 25 (1997)
    Issue (Month): 1 ()
    Pages: 43-80

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    Handle: RePEc:bla:reesec:v:25:y:1997:i:1:p:43-80

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    Cited by:
    1. Matlack, Janna L. & Vigdor, Jacob L., 2008. "Do rising tides lift all prices? Income inequality and housing affordability," Journal of Housing Economics, Elsevier, Elsevier, vol. 17(3), pages 212-224, September.
    2. Thalmann, Philippe, 2003. "'House poor' or simply 'poor'?," Journal of Housing Economics, Elsevier, Elsevier, vol. 12(4), pages 291-317, December.
    3. Sock-Yong Phang, 2009. "Affordable homeownership policy : implications for housing markets," Microeconomics Working Papers 23052, East Asian Bureau of Economic Research.
    4. Kull, Melissa A. & Coley, Rebekah Levine, 2014. "Housing costs and child functioning: Processes through investments and financial strains," Children and Youth Services Review, Elsevier, vol. 39(C), pages 25-38.
    5. Smith, Marc T. & Murray, Margaret S. & O'Dell, William, 2003. "Estimating the Need for Single Family Rehabilitation," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, Mid-Continent Regional Science Association, vol. 33(2).

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