The economics of housing
Bull, Gregory (1998) The economics of housing. In: Balchin, Paul and Rhoden, Maureen, (eds.) Housing: the essential foundations. Routledge, London, UK, pp. 25-49. ISBN 978-0415160070 (hardback), 978-0-203-01042-6 (e-book)Full text not available from this repository.
This chapter introduces the basic theories of micro-and macro-economics in order to provide a foundation for analyses of housing issues, and to apply theory to specific housing policies, notably rent control in the private rented sector and rent-setting in the social rented sector. The chapter focuses on:
Demand and supply and the determination of market equilibrium.
Price, income and supply elasticities.
Price controls and the market: an example of the effects of rent control and the effects of short- and long-run supply elasticities.
A case study—an economic analysis of the problems of rent-setting in the social rented sector.
|Item Type:||Book Section|
|Additional Information:|| Other University of Greenwich staff have authored chapters in this book. List of contributors: Paul Balchin, Gregory Bull, David Isaac, Maureen Rhoden, John O'Leary, Jane Weldon, Pauline Forrester, Mark Pawlowski, R.Shean McConnell  Available as an e-book in MyiLibrary: http://lib.myilibrary.com/Open.aspx?id=19503|
|Uncontrolled Keywords:||housing policy, housing finance|
|Subjects:||H Social Sciences > HD Industries. Land use. Labor|
|School / Department / Research Groups:||School of Architecture, Design & Construction|
School of Architecture, Design & Construction > Sustainable Environments Research Group
|Last Modified:||09 Jul 2012 14:51|
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