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Housing Affordability: Myth or Reality?

Author

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  • Peter D. Linneman

    (Department of Finance, University of Pennsylvania, Philadelphia, PA 19104, USA)

  • Isaac F. Megbolugbe

    (Department of Finance and Real Estate, The American University, and a Research Associate at the Real Estate Center, Kogod College of Business Administration, 4400 Massachusetts Avenue NW, Washington, DC 20016-8044, USA)

Abstract

No abstract is available for this item.

Suggested Citation

  • Peter D. Linneman & Isaac F. Megbolugbe, 1992. "Housing Affordability: Myth or Reality?," Urban Studies, Urban Studies Journal Limited, vol. 29(3-4), pages 369-392, May.
  • Handle: RePEc:sae:urbstu:v:29:y:1992:i:3-4:p:369-392
    DOI: 10.1080/00420989220080491
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    References listed on IDEAS

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    4. Mankiw, N. Gregory & Weil, David N., 1989. "The baby boom, the baby bust, and the housing market," Regional Science and Urban Economics, Elsevier, vol. 19(2), pages 235-258, May.
    5. Donald L. Lerman & William J. Reeder, 1987. "The Affordability of Adequate Housing," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 15(4), pages 389-404, December.
    6. George Fallis, 1990. "Housing Finance and Housing Subsidies in Canada," Urban Studies, Urban Studies Journal Limited, vol. 27(6), pages 877-903, December.
    7. Karl E. Case & Robert J. Shiller, 1988. "The behavior of home buyers in boom and post-boom markets," New England Economic Review, Federal Reserve Bank of Boston, issue Nov, pages 29-46.
    8. Joseph Gyourko, 1990. "Controlling and Assisting Privately Rented Housing," Urban Studies, Urban Studies Journal Limited, vol. 27(6), pages 785-793, December.
    9. Karl E. Case & Robert J. Shiller, 1987. "Prices of single-family homes since 1970: new indexes for four cities," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 45-56.
    10. John F. Kain & John M. Quigley, 1975. "Introduction to "Housing Markets and Racial Discrimination: A Microeconomic Analysis"," NBER Chapters, in: Housing Markets and Racial Discrimination: A Microeconomic Analysis, pages 1-8, National Bureau of Economic Research, Inc.
    11. Case, Karl E & Shiller, Robert J, 1989. "The Efficiency of the Market for Single-Family Homes," American Economic Review, American Economic Association, vol. 79(1), pages 125-137, March.
    12. Reichert, Alan K, 1990. "The Impact of Interest Rates, Income, and Employment upon Regional Housing Prices," The Journal of Real Estate Finance and Economics, Springer, vol. 3(4), pages 373-391, December.
    13. Quigley, John M., 1989. "Statistical Analysis of Sales Data to Verify Private Appraisals," Berkeley Program on Housing and Urban Policy, Working Paper Series qt1q86n9pn, Berkeley Program on Housing and Urban Policy.
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    20. Mahlon R. Straszheim, 1975. "An Econometric Analysis of the Urban Housing Market," NBER Books, National Bureau of Economic Research, Inc, number stra75-1, March.
    21. Hamilton, Bruce W. & Schwab, Robert M., 1985. "Expected appreciation in urban housing markets," Journal of Urban Economics, Elsevier, vol. 18(1), pages 103-118, July.
    22. John F. Kain & John M. Quigley, 1975. "Housing Markets and Racial Discrimination: A Microeconomic Analysis," NBER Books, National Bureau of Economic Research, Inc, number kain75-1, March.
    23. Gyourko, Joseph & Linneman, Peter, 1990. "Rent controls and rental housing quality: A note on the effects of New York City's old controls," Journal of Urban Economics, Elsevier, vol. 27(3), pages 398-409, May.
    24. Stephen Malpezzi, 1990. "Urban Housing and Financial Markets: Some International Comparisons," Urban Studies, Urban Studies Journal Limited, vol. 27(6), pages 971-1022, December.
    25. Gyourko, Joseph & Linneman, Peter, 1989. "Equity and efficiency aspects of rent control: An empirical study of New York City," Journal of Urban Economics, Elsevier, vol. 26(1), pages 54-74, July.
    26. Gavin A. Wood, 1990. "Housing Finance and Subsidy Systems in Australia," Urban Studies, Urban Studies Journal Limited, vol. 27(6), pages 847-876, December.
    27. John F. Kain & John M. Quigley, 1975. "Racial Discrimination in Urban Housing Markets," NBER Chapters, in: Housing Markets and Racial Discrimination: A Microeconomic Analysis, pages 56-91, National Bureau of Economic Research, Inc.
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    Cited by:

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    2. Saberi, Meead & Wu, Hongzhi & Amoh-Gyimah, Richard & Smith, Jonathan & Arunachalam, Dharmalingam, 2017. "Measuring housing and transportation affordability: A case study of Melbourne, Australia," Journal of Transport Geography, Elsevier, vol. 65(C), pages 134-146.
    3. Chen, Xi, 2018. "Optimal life cycle mortgage and portfolio choices in the presence of the affordability constraint," Journal of Housing Economics, Elsevier, vol. 39(C), pages 1-16.
    4. Louis-Francois PAU, 2009. "Enabling Mobile Communications for the Needy: Affordability Methodology, and Approaches to Requalify Universal Service Measures," Informatica Economica, Academy of Economic Studies - Bucharest, Romania, vol. 13(2), pages 128-135.
    5. Xiang Cai & Chin-Chang Tsai & Wei-Ning Wu, 2017. "Are They Neck and Neck in the Affordable Housing Policies? A Cross Case Comparison of Three Metropolitan Cities in China," Sustainability, MDPI, vol. 9(4), pages 1-16, April.
    6. Andrea Kunnert, 2016. "Leistbarkeit von Wohnen in Österreich. Operationalisierung und demographische Komponenten," WIFO Studies, WIFO, number 58932, April.
    7. Joseph Gyourko & Joseph Tracy, 1999. "A look at real housing prices and incomes: some implications for housing affordability and quality," Economic Policy Review, Federal Reserve Bank of New York, vol. 5(Sep), pages 63-77.
    8. Ron J. Feldman, 2002. "The affordable housing shortage: considering the problem, causes and solutions," Banking and Policy Studies 2-02, Federal Reserve Bank of Minneapolis.
    9. Prashant Das & N. Edward Coulson & Alan Ziobrowski, 2019. "Caste, Faith, Gender: Determinants of Homeownership in Urban India," The Journal of Real Estate Finance and Economics, Springer, vol. 59(1), pages 27-55, July.

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