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Efficiency versus Fairness in the Management of Public Housing Assets in Palermo (Italy)

Author

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  • Grazia Napoli

    (Department of Architecture, University of Palermo, 90128 Palermo, Italy)

  • Salvatore Giuffrida

    (Department of Civil Engineering and Architecture, University of Catania, 95125 Catania, Italy)

  • Maria Rosa Trovato

    (Department of Civil Engineering and Architecture, University of Catania, 95125 Catania, Italy)

Abstract

Public housing policy has been proposing plans of public housing (PH) stock alienation or, as an alternative, property enhancement plans, since administrative and financial commitments have become too heavy for municipalities. This paper deals with one of the current public housing management policy initiatives, undertaken by the Municipality of Palermo (Italy), which aimed at transferring a significant part of the public housing asset to the current tenants, according to some terms and conditions, and applying a politically fixed price. This policy is described in general, focusing on the amount of the assets involved, reporting the terms and conditions for transferring them at an affordable price, and analysing their concentration/distribution in the urban areas. The main aim of the paper is to provide a valuation pattern for defining the trade-off between the efficiency and fairness of such a tool, recognising the conditions for the consistency between the transfer price established by municipality, the merit of the public housing asset, and the market value. A detailed study on two representative neighbourhoods was carried out in order to measure the value of solidarity of this policy and to propose some corrective rules.

Suggested Citation

  • Grazia Napoli & Salvatore Giuffrida & Maria Rosa Trovato, 2019. "Efficiency versus Fairness in the Management of Public Housing Assets in Palermo (Italy)," Sustainability, MDPI, vol. 11(4), pages 1-21, February.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:4:p:1199-:d:208692
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    References listed on IDEAS

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    Cited by:

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    4. Maria Rosa Trovato & Francesco Nocera & Salvatore Giuffrida, 2020. "Life-Cycle Assessment and Monetary Measurements for the Carbon Footprint Reduction of Public Buildings," Sustainability, MDPI, vol. 12(8), pages 1-25, April.
    5. E. V. Leontev & I. A. Mayburov, 2021. "Realization of the Benefits from the Functioning of Municipal Electric Transport in the Taxation of the Property of Individuals," Journal of Applied Economic Research, Graduate School of Economics and Management, Ural Federal University, vol. 20(3), pages 406-427.
    6. Cheren Cappello & Salvatore Giuffrida & Maria Rosa Trovato & Vittoria Ventura, 2022. "Environmental Identities and the Sustainable City. The Green Roof Prospect for the Ecological Transition," Sustainability, MDPI, vol. 14(19), pages 1-34, September.
    7. Maria Rosa Trovato, 2020. "Human Capital Approach in the Economic Assessment of Interventions for the Reduction of Seismic Vulnerability in Historic Centres," Sustainability, MDPI, vol. 12(19), pages 1-33, September.
    8. Maria Rosa Trovato & Claudia Clienti & Salvatore Giuffrida, 2020. "People and the City: Urban Fragility and the Real Estate-Scape in a Neighborhood of Catania, Italy," Sustainability, MDPI, vol. 12(13), pages 1-37, July.

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