Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

A special issue on housing affordability: An introduction

A special issue on housing affordability: An introduction A casual search of “housing affordability” (HA) on Google delivers more than 190,000,000 results. While it is an imprecize measure, it confirms that HA is a global concern. Recent studies on the topic have been discussed by Ben‐Shahar et al. (2020), Deng et al. (2019), Gabriel and Painter (2020), Leung (2022), among others.Motivated by the vast demand for affordability research, we organized a virtual workshop titled “Post‐Crisis Housing Market and Financial Stability: Recovery without Affordability?” in July 2020. We thank Yin‐Wong Cheung, who co‐organized the workshop, and the City University of Hong Kong for the support. When planning the workshop in 2019, we considered the world after the Global Financial Crisis in 2008. Little did we know that the COVID‐19 pandemic would impact the world on such, and probably larger, scale. Therefore, we appreciate the effort by Malpezzi (2022), who surveys the housing affordability issue post‐COVID‐crisis. While the impact of COVID may still be evolving (Wang et al., 2022) and the global economic situation could deteriorate with the Russia‐Ukraine War (United Nations, 2022), we believe that Malpezzi (2022) will serve as a useful reference for future research.Previous research on housing affordability focuses on the demand side. Recent efforts pay attention to the supply side, including the real estate developer behaviors http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Contemporary Economic Policy Wiley

A special issue on housing affordability: An introduction

Download PDF
2 pages

Loading next page...
 
/lp/wiley/a-special-issue-on-housing-affordability-an-introduction-QQo0s2b90Y

References (12)

Publisher
Wiley
Copyright
© 2022 Western Economic Association International.
ISSN
1074-3529
eISSN
1465-7287
DOI
10.1111/coep.12591
Publisher site
See Article on Publisher Site

Abstract

A casual search of “housing affordability” (HA) on Google delivers more than 190,000,000 results. While it is an imprecize measure, it confirms that HA is a global concern. Recent studies on the topic have been discussed by Ben‐Shahar et al. (2020), Deng et al. (2019), Gabriel and Painter (2020), Leung (2022), among others.Motivated by the vast demand for affordability research, we organized a virtual workshop titled “Post‐Crisis Housing Market and Financial Stability: Recovery without Affordability?” in July 2020. We thank Yin‐Wong Cheung, who co‐organized the workshop, and the City University of Hong Kong for the support. When planning the workshop in 2019, we considered the world after the Global Financial Crisis in 2008. Little did we know that the COVID‐19 pandemic would impact the world on such, and probably larger, scale. Therefore, we appreciate the effort by Malpezzi (2022), who surveys the housing affordability issue post‐COVID‐crisis. While the impact of COVID may still be evolving (Wang et al., 2022) and the global economic situation could deteriorate with the Russia‐Ukraine War (United Nations, 2022), we believe that Malpezzi (2022) will serve as a useful reference for future research.Previous research on housing affordability focuses on the demand side. Recent efforts pay attention to the supply side, including the real estate developer behaviors

Journal

Contemporary Economic Policy – Wiley

Published: Jan 1, 2023

There are no references for this article.