Affordable housing finance
By: Kim Hawtrey.
Series: Palgrave Macmillan studies in banking and financial institutions
Publisher: Palgrave Macmillan
Published: 2009
Place of publication: New York, NY
Language: eng
Number of pages: 180
ISBN-13: 9780230555181
Subjects: Housing; Housing -- Finance; Housing policy
Description: Housing access has important implications for the economy and society. Lack of affordable housing for essential workers close to the inner city restricts labour supply and housing instability harms the educational prospects of children. The absence of fully developed pricing benchmarks for accessible housing places a corner solution on capital market efficiency. Research to date into affordable housing finance has been scattered and unsystematic. Moreover, there has been insufficient cross-fertilization of ideas between countries. This book outlines the nature of 'housing stress' and explains why capital markets need to be an essential part of the solution. It considers new investment tools, provides case studies, and concludes with directions for future research and policymaking.
Notes: Includes bibliographical references (p. 164-176) and index.
Table of contents: title: Introduction : aims and objectives; title: Housing stress : nature, causes, and consequences; title: The financial dimension; title: Affordable housing finance in the US; title: Affordable housing finance in the UK; title: Affordable housing finance in Australia; title: Capital market solutions; title: Retail finance solutions; title: Public sector solutions; title: Future directions.