challenges of the housing economy an international perspective real estate issues

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Challenges Of The Housing Economy

Author : Colin Jones
ISBN : 9780470672334
Genre : Architecture
File Size : 66. 59 MB
Format : PDF
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This timely book addresses key challenges faced by policy makers and the house–building industry in a post–credit crunch world. It examines the implications for households, the housing market, the economy, as well as for government′s policy choices. It brings together experts from around the world to examine recent housing market trends. The contributions reveal common long–term trends in housing markets worldwide. This is an essential advanced text for students and researchers of land economy and land management; property and real estate; housing policy; and urban studies.

Challenges Of The Housing Economy

Author : Colin Jones
ISBN : 9781118280836
Genre : Law
File Size : 85. 21 MB
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This timely book addresses key challenges faced by policy makers and the house-building industry in a post-credit crunch world. It examines the implications for households, the housing market, the economy, as well as for government's policy choices. Challenges of the Housing Economy: an international perspective brings together experts from around the world to examine recent housing market trends. The contributions reveal common long-term trends in housing markets worldwide. Despite differences in supply conditions and the role of planning, there is a trend toward rising house prices that has created significant barriers to home ownership for young households while increasing the wealth of older generations. The financial crisis had a differential impact on housing markets but in many countries where mortgage finance became severely constrained, house prices fell and there was a dramatic fall in housing construction. The falls in house prices in these countries have ostensibly improved affordability but the housing markets have been dominated by the lowering of loan to values applicable to new mortgages which has further raised the hurdles to potential first-time purchasers. At the same time as young households are increasingly rationed out of owner-occupation, public sector expenditure cut-backs in many countries result in limited new social housing. Instead, value for money imperatives will mean new funding models for affordable housing that require greater use of public-private partnerships. The private rented sector could potentially meet the demand for the new generation of long-term renters. However, there are doubts - in the UK at least - that this sector will be able to expand significantly or provide an appropriate type and standard of housing. This is an essential advanced text for students and researchers of land economy and land management; property and real estate; housing policy; and urban studies.

International Encyclopedia Of Housing And Home

Author : Susan J. Smith
ISBN : 0080471633
Genre : Dwellings
File Size : 56. 92 MB
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Available online via SciVerse ScienceDirect, or in print for a limited time only, The International Encyclopedia of Housing and Home is the first international reference work for housing scholars and professionals, that uses studies in economics and finance, psychology, social policy, sociology, anthropology, geography, architecture, law, and other disciplines to create an international portrait of housing in all its facets: from meanings of home at the microscale, to impacts on macro-economy. This comprehensive work is edited by distinguished housing expert Susan J. Smith, together with Marja Elsinga, Ong Seow Eng, Lorna Fox O'Mahony and Susan Wachter, and a multi-disciplinary editorial team of 20 world-class scholars in all. Working at the cutting edge of their subject, liaising with an expert editorial advisory board, and engaging with policy-makers and professionals, the editors have worked for almost five years to secure the quality, reach, relevance and coherence of this work. A broad and inclusive table of contents signals (or tesitifes to) detailed investigation of historical and theoretical material as well as in-depth analysis of current issues. This seven-volume set contains over 500 entries, listed alphabetically, but grouped into seven thematic sections including methods and approaches; economics and finance; environments; home and homelessness; institutions; policy; and welfare and well-being. Housing professionals, both academics and practitioners, will find The International Encyclopedia of Housing and Home useful for teaching, discovery, and research needs. International in scope, engaging with trends in every world region. The editorial board and contributors are drawn from a wide constituency, collating expertise from academics, policy makers, professionals and practitioners, and from every key center for housing research. Every entry stands alone on its merits and is accessed alphabetically, yet each is fully cross-referenced, and attached to one of seven thematic categories whose 'wholes' far exceed the sum of their parts.

Urban Planning And The Housing Market

Author : Nicole Gurran
ISBN : 9781137464033
Genre : Political Science
File Size : 39. 83 MB
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This book re-examines the role of urban policy and planning in relation to the housing market in an era of global uncertainty and change. The relationship between planning and the housing market is a contested problem across research, policy, and practice. Problems with housing supply and affordability in many nations have been linked to planning system constraints, while the global financial crisis has raised new questions about the role of urban planning regulation and processes in responding to housing market trends. With reference to international cases from the United Kingdom, the United States, Ireland, Hong Kong and Australia, the book examines how different systems of urban planning and governance address complex and dynamic housing market trends. It also offers practical guidance on how urban planning can support an efficient supply of appropriate and affordable homes in preferred locations. A detailed study, which explains and decodes the workings of the planning system and housing market, this book will be of particular interest to scholars of human geography and urban planning, as well as housing policy makers and practitioners.

Sustainable Communities And Urban Housing

Author : Montserrat Pareja-Eastaway
ISBN : 9781317433712
Genre : Political Science
File Size : 73. 59 MB
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Since the start of the twenty-first century, urban communities have faced increasing challenges in housing affordability, with environmental issues causing additional concern. It is clear that changes to urban housing are needed to enhance the resilience of cities and improve the economic, social and physical well-being of residents. This book provides a comparative cross-national perspective on urban housing and sustainability in Europe, exploring the key barriers and drivers associated with sustainable urban development and community regeneration. Country-specific chapters allow for easy comparison, with each summarizing how sustainable housing operates in the country in question, before going on to discuss the key barriers and drivers at play. This book brings a sustainability perspective to the comparative housing literature which frequently fails to integrate the social, economic and environmental pillars of sustainability. The book outlines many of the changes that professionals and residents will need to make to their practices and cultures in order to enhance housing resilience. Students, researchers and professionals with an interest in sustainable housing creation and regeneration will find this book an invaluable reference.

Livable Cities From A Global Perspective

Author : Roger W. Caves
ISBN : 9781315523392
Genre : Architecture
File Size : 44. 19 MB
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Livable Cities from a Global Perspective offers case studies from around the world on how cities approach livability. They address the fundamental question, what is considered "livable?" The journey each city has taken or is currently taking is unique and context specific. There is no such thing as a one-size-fits-all approach to livability. Some cities have had a long history of developing livability policies and programs that focus on equity, economic, and environmental concerns, while other cities are relatively new to the game. In some areas, government has taken the lead while in other areas, grassroots activism has been the impetus for livability policies and programs. The challenge facing our cities is not simply developing a livability program. We must continually monitor and readjust policies and programs to meet the livability needs of all people. The case studies investigate livability issues in such cities as Austin, Texas; Helsinki, Finland; London, United Kingdom; Warsaw, Poland; Tehran, Iran; Salt Lake City, United States; Rio de Janeiro, Brazil; Sydney, Australia; and Cape Town, South Africa. The chapters are organized into such themes as livability in capital city regions, livability and growth and development, livability and equity concerns, livability and metrics, and creating livability. Each chapter provides unique insights into how a specific area has responded to calls for livable cities. In doing so, the book adds to the existing literature in the field of livable cities and provides policy makers and other organizations with information and alternative strategies that have been developed and implemented in an effort to become a livable city.

A Global Perspective On Real Estate Cycles

Author : Stephen J. Brown
ISBN : 9781441986429
Genre : Business & Economics
File Size : 86. 29 MB
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In March 1999, New York University Salomon Center in assocIatIOn with the Department of Finance at NYU Stern held a one-day conference on the impact of real estate cycles on the real estate industry both from a domestic as well as an international perspective. The conference featured the leading research on this topic in the United States, Europe and Asia. Currendy, the real estate industry is at a critical point. New development projects around the world are being put on hold given recent developments in the international capital markets. The industry is hard hit by the decline in real estate investment trust (REIT) share prices and a shrink ing pool of capital for real estate ventures. This has unfortunately coincided with serious financial problems of very large hedge funds and other institutional investors in the market for commercial mortgage backed securities. There is need for new insights into the implications of U. S. and global real estate cycles on real estate secu rities including REITs and mortgage-backed securities as well as direct real estate investment. This global orientation is important given the high mobility of capital into the real estate, the increasing integration of real estate markets, and the proposed expan sion of real estate investment trusts (REIT) into international real estate. The process of globalization has resulted in increased competition between cities for the attrac tion of investment.

Handbook Of Social Problems

Author : George Ritzer
ISBN : 0761926100
Genre : Political Science
File Size : 61. 90 MB
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The Handbook of Social Problems: A Comparative International Perspective provides a unique, broadly comparative perspective on the current state of social problems and deviance in a variety of societies around the world. Editor George Ritzer, along with leading U.S. and global sociologists, examines the relationship between social problems and a society’s level of development and affluence. The essays in this volume focus on interrelated issues involved in the relationship between social problems and the level of development and affluence. The Handbook explores the theory of the weakness of the strong—in other words, strong or wealthy nations may have greater vulnerability to some social problems than less developed or affluent societies. This theory is clearly illustrated in this volume by the aftermath of September 11, 2001depicting the vulnerability of the U.S. to social problems in far-removed corners of the world. In addition, the international and comparative essays in this volume cover other important issues such as the impact of modern technologies on social problems, ecological problems, global inequality, health as a social problem, and much more. The Handbook of Social Problems is a vital resource for sociologists and graduate students, as well as an excellent addition to any academic library.

International Real Estate

Author : W. Seabrooke
ISBN : 9781405172639
Genre : Business & Economics
File Size : 83. 80 MB
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Real estate activity across national boundaries (investment, development and asset management) is firmly established as a major component of global economic activity. International Real Estate provides the understanding of real estate strategies and transactions that cross national boundaries. International organizations lament the narrow perspective of professionals in the real estate field, which stems from training that takes a parochial rather than international view of the practices and processes of real estate markets. This book takes an explicitly international perspective to the decision-making process leading to final 'accept' or 'reject' investment decisions. It will be the first to adopt an institutional approach that directly addresses the problems of how to identify and avoid the main pitfalls of cross-border investment in real estate. The key to understanding international real estate comes from understanding the impact on investment and management decisions of differences in the formal and informal 'rules of the game'. The authors define the key feature of international real estate as the institutions that frame, facilitate or impede investment in land and buildings across national boundaries.

Global Housing Markets

Author : Ashok Bardhan
ISBN : 9781118144237
Genre : Business & Economics
File Size : 77. 58 MB
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A global look at the reasons behind the recent economiccollapse, and the responses to it The speculative bubble in the housing market began to burst inthe United States in 2007, and has been followed by ruptures invirtually every asset market in almost every country in the world.Each country proposed a range of policy initiatives to deal withits crisis. Policies that focused upon stabilizing the housingmarket formed the cornerstone of many of these proposals. Thisinternationally focused book evaluates the genesis of the housingmarket bubble, the global viral contagion of the crisis, and thepolicy initiatives undertaken in some of the major economies of theworld to counteract its disastrous affects. Unlike other books on the global crisis, this guide deals withthe housing sector in addition to the financial sector ofindividual economies. Countries in many parts of the world wereplayers in either the financial bubble or the housing bubble, orboth, but the degree of impact, outcome, and responses variedwidely. This is an appropriate time to pull together the lessonsfrom these various experiences. Reveals the housing crisis in the United States as the core ofthe meltdown Describes the evolution of housing markets and policies in therun-up to the crisis, their impacts, and the responses in Europeanand Asian countries Compares experiences and linkages across countries and pointsto policy implications and research lessons drawn from theseexperiences Filled with the insights of well-known contributors with strongcontacts in practice and academia, this timely guide discusses thehistory and evolution of the recent crisis as local to eachcontributor's part of the world, and examines its distinctive andcommon features with that of the U.S., the trajectory of itsevolution, and the similarities and differences in policyresponse.

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