IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this article

Housing Supply, Housing Demand, and Affordability

Listed author(s):
  • Bernard Fingleton

    (Department of Economics, the University of Strathclyde, Sir William Duncan Building, 130 Rottenrow, Glasgow, G4 0GE, United Kingdom, bernard.fingleton@strath.ac.uk)

The affordability of housing is a major policy issue that has increasingly become a concern for UK government as house prices have risen dramatically in recent years. This is partly because of the importance of affordability for the recruitment and retention of key workers, many of whom are on national pay scales and earning salaries that do not fully reflect the differences in prices that exist, in particular between London and the South East and the rest of Great Britain. Government policy is to increase the supply of housing in order to improve affordability in the greater South East. However, assuming that this expansion in housing supply is also to be accompanied by an expansion in employment, the outcome is that there will be both an increase in supply and in demand for housing, with the counter-intuitive result that, under one of the scenarios set out in this paper, in some areas affordability will worsen rather than improve.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://usj.sagepub.com/content/45/8/1545.abstract
Download Restriction: no

Article provided by Urban Studies Journal Limited in its journal Urban Studies.

Volume (Year): 45 (2008)
Issue (Month): 8 (July)
Pages: 1545-1563

as
in new window

Handle: RePEc:sae:urbstu:v:45:y:2008:i:8:p:1545-1563
Contact details of provider: Web page: http://www.gla.ac.uk/departments/urbanstudiesjournal

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:sae:urbstu:v:45:y:2008:i:8:p:1545-1563. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (SAGE Publications)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.