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A Study of the Demand for Housing by Low Versus High Income Households

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  • Follain, James R.

Abstract

†Poor people cause poor housing.†This statement is the basis for one of the major policy proposals to eradicate poor housing and neighborhoods that plague some of our urban areas. If the motto is correct, then poor housing and poor neighborhoods can be eliminated by providing direct support for the demand for housing by low-income households. The role of government, under such a policy, is to funnel its resources to households in the form of demand subsidies. Examples of such demand-side programs are housing allowances and the Section 8 existing housing program.

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  • Follain, James R., 1979. "A Study of the Demand for Housing by Low Versus High Income Households," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 14(4), pages 769-782, November.
  • Handle: RePEc:cup:jfinqa:v:14:y:1979:i:04:p:769-782_00
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    Cited by:

    1. Liu, Peng & Lu, Xiaomeng & Tang, Ke, 2012. "The determinants of homebuilder stock price exposure to lumber: Production cost versus housing demand," Journal of Housing Economics, Elsevier, vol. 21(3), pages 211-222.
    2. Hussain Mohammed A. Al Obaid, 2020. "Factors Determining Housing Demand in Saudi Arabia," International Journal of Economics and Financial Issues, Econjournals, vol. 10(5), pages 150-157.
    3. Peter Linneman & Susan Wachter, 1989. "The Impacts of Borrowing Constraints on Homeownership," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 17(4), pages 389-402, December.

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