Housing economic development and productivity literature review
From: Tony C.
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Scientific Research An Academic Publisher. Real estate industry has become an important pillar of the national economy. Since , housing prices in China have been on the rise for almost 20 years. Only during the SARS in and during the international financial crisis in , house prices dropped briefly. Real estate investment can also share capital appreciation profits from higher prices beyond high industry profit.
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Exposing Housing Discrimination
Finance and productivity: A literature review
You can either make a general search on this site, or search by area of expertise to find an expert. This study considers the national scale but then focuses on local approaches, reviewing plans and interviewing officials in 13 agencies, to assess how housing are meshed with economic development in strategy formation and monitoring. Housing processes planning, financing, building, selling, letting and maintaining influence the productivity of capital and labour. The broad patterns that emerge from housing market processes mosaics of neighbourhoods, migration and commuting flows are increasingly recognised as impacting economic performance. These processes, outcomes and patterns that operate at the levels of homes, neighbourhoods and wider regions ultimately matter in national economic performance. The emerging debate about housing and productivity, however, has neither a coherent framework to shape discussion nor an organized body of evidence to inform it. Our proposal sets out a scoping study that aims to fill this gap by addressing the following objectives:.
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Housing booms, reallocation and productivity
Should housing improvement be part of economic development strategies? Must housing improvement wait until high-economic growth is attained? How much priority should be given to housing in view of the limited resources in less-developed countries?
Investments in affordable housing are a proven catalyst for economic growth, job creation, and development. Housing is a long-term investment that generates a significant return on investment. According to a literature review by The Center for Housing Policy, the creation of affordable housing increases employment direct jobs such as construction and indirect jobs such as suppliers and materials ; increases revenue for local government permits, fees, property taxes, sales tax ; and increases consumer spending in the area once the home are occupied retail, grocery, etc. Tweet [YourRepresentatives] to tell them that a healthy economy starts with homes people can afford. Tweet [YourRepresentatives] to tell them our country won't thrive without good, affordable homes.
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