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Indicators of Local Housing Affordability: Comparative and Spatial Approaches

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  • Amy S. Bogdon
  • Ayse Can

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.

Suggested Citation

  • Amy S. Bogdon & Ayse Can, 1997. "Indicators of Local Housing Affordability: Comparative and Spatial Approaches," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 25(1), pages 43-80.
  • Handle: RePEc:bla:reesec:v:25:y:1997:i:1:p:43-80
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    Cited by:

    1. Emma Mulliner & Vida Maliene, 2014. "An Analysis of Professional Perceptions of Criteria Contributing to Sustainable Housing Affordability," Sustainability, MDPI, Open Access Journal, vol. 7(1), pages 1-23, December.
    2. Alberto Montagnoli & Jun Nagaysu, 2013. "An investigation of housing affordability in the UK regions," Working Papers 1316, University of Strathclyde Business School, Department of Economics.
    3. Andrea Kunnert, 2016. "Housing Affordability in Austria. Tailoring the Ratio Approach in a Simple yet Effective Way," WIFO Working Papers 520, WIFO.
    4. Matlack, Janna L. & Vigdor, Jacob L., 2008. "Do rising tides lift all prices? Income inequality and housing affordability," Journal of Housing Economics, Elsevier, vol. 17(3), pages 212-224, September.
    5. Lynn M. Fisher & Henry O. Pollakowski & Jeffrey Zabel, 2009. "Amenity-Based Housing Affordability Indexes," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 37(4), pages 705-746.
    6. Liming Yao & Michael White & Alla Koblyakova, 2015. "House price appreciation and housing affordability: a study of younger households tenure choice in China," ERES eres2015_44, European Real Estate Society (ERES).
    7. 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, vol. 33(2).
    8. Sock-Yong Phang, 2010. "Affordable homeownership policy: Implications for housing markets," International Journal of Housing Markets and Analysis, Emerald Group Publishing, vol. 3(1), pages 38-52, March.
    9. Mulliner, Emma & Malys, Naglis & Maliene, Vida, 2016. "Comparative analysis of MCDM methods for the assessment of sustainable housing affordability," Omega, Elsevier, vol. 59(PB), pages 146-156.
    10. Andrew Aurand, 2013. "Does Sprawl Induce Affordable Housing?," Growth and Change, Wiley Blackwell, vol. 44(4), pages 631-649, December.
    11. Mulliner, Emma & Smallbone, Kieran & Maliene, Vida, 2013. "An assessment of sustainable housing affordability using a multiple criteria decision making method," Omega, Elsevier, vol. 41(2), pages 270-279.
    12. 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.
    13. Newman, Sandra J. & Holupka, C. Scott, 2014. "Housing affordability and investments in children," Journal of Housing Economics, Elsevier, vol. 24(C), pages 89-100.
    14. Thalmann, Philippe, 2003. "'House poor' or simply 'poor'?," Journal of Housing Economics, Elsevier, vol. 12(4), pages 291-317, December.

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