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The economics of housing

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)

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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.
The macro-economy.
A case study—an economic analysis of the problems of rent-setting in the social rented sector.

Item Type: Book Section
Additional Information: [1] 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 [2] Available as an e-book in MyiLibrary:
Uncontrolled Keywords: housing policy, housing finance
Subjects: H Social Sciences > HD Industries. Land use. Labor
Pre-2014 Departments: School of Architecture, Design & Construction
School of Architecture, Design & Construction > Sustainable Environments Research Group
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Last Modified: 14 Oct 2016 09:21

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