The Contradictions in Enabling Private Developers of Affordable Housing: A Cautionary Case from Ahmedabad, India

Mukhija, Vinit

doi:10.1080/0042098042000268438

Cited by 63 publications

(38 citation statements)

References 31 publications

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“…For example, the contradictions in enabling private developers to provide affordable housing are examined through a case study in India [14]. The contribution of Public-Private Partnerships (PPP) in improving accessibility of low-income earners to housing in Nigeria is evaluated, suggesting that government provision of land to private developers at zero cost and lowering the high building standards will ensure better results [15].…”

Section: Literature Reviewmentioning

confidence: 99%

Evaluation and Optimization of the Financial Sustainability of Public Rental Housing Projects: A Case Study in Nanjing, China

Chen

et al. 2016

Sustainability

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Abstract:In recent years, Chinese governments have launched ambitious plans in developing public rental housing (PRH), which are almost impossible to accomplish without the involvement of the private sector. Yet, very few quantitative studies have been carried out to evaluate the financial sustainability of PRH projects in China, especially from the perspective of the private sector. This knowledge gap is bridged through the evaluation of the financial sustainability of a hypothetical privately owned PRH project in Nanjing, China as a case study, utilizing data of a state-owned PRH project and the classic discounted cash flow method. The results indicate that the studied project is financially infeasible, which means that private companies would not be willing to participate in the provision of public rental housing, if they merely focus on profits. Then, the most cost-effective optimization measure of the studied case is quantitatively selected from four possible optimization scenarios, leading to a financial balance. This paper presents the current financial status of Chinese PRH projects, thereby providing policy makers with useful references to effectively accelerate the private sector's provision of PRH in China.

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Section: Literature Reviewmentioning

confidence: 99%

Evaluation and Optimization of the Financial Sustainability of Public Rental Housing Projects: A Case Study in Nanjing, China

Chen

et al. 2016

Sustainability

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“…Hence, the "affordability" of private housing becomes a crucial issue [Mukhija (2004); Tiley and Hil (2010); Wang and Murie (2011); Gurran and Whitehead (2011)]. We follow Malpezzi (1999) 26 to provide a benchmark for house prices.…”

Section: Housing Affordabilitymentioning

confidence: 99%

Availability, Affordability and Volatility: The Case of Hong Kong Housing Market

Leung

Tang

2014

SSRN Journal

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Housing prices in Hong Kong have gained international attention. This study suggests that the housing supply may be insufficient. Consistent with previous studies, we confirm that merely increasing the land supply may not increase the housing supply. We also find preliminary evidence for widening income inequality, which, when combined with unavailability, can lead to unaffordability in the housing market. Given the current housing supply elasticity with respect to price, Hong Kong is not more volatile than major cities in the United States. Thus, improving housing availability and thereby increasing housing supply elasticity, could effectively decrease housing price volatility.

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“…Public housing programmes have been criticized for failing to provide quality, affordable and adequate housing units to target population in most developing countries (Mukhija, 2004). Yet studies have indicated that governments in developing countries are not relenting in their efforts at addressing the problem of providing adequate, affordable and sustainable housing.…”

Section: Public Housingmentioning

confidence: 99%

Perception of Housing Quality by Residents and Non Residents of Ibara Housing Estate, Abeokuta, Ogun State, Nigeria

Adeleye¹,

Azeez²,

Yusuff³

2014

AJHE

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This study examined the perception of housing quality by residents and non residents of Ibara housing estate, Abeokuta. Data for the study were obtained from both primary and secondary sources. The questionnaire targeted the residents and non-residents and was administered using systematic random sampling method on household heads living in one out of every fifth (5th) house located in the identified three (3) zones in the study area: staff quarters, corporation quarters and site and services residential area of the housing estate selected, and likewise for the non-residents. A total of 85 residents household heads were selected, likewise 85 non-residents (relatives and friends of the residents) were also selected for questionnaire administration. Both descriptive and inferential techniques of data analysis were employed. The study established that the condition of the building elements (roofs, walls, floors windows, doors, toilets/bathrooms, lighting and ceiling) was perceived by the residents to be of good condition (4.21). While the non-residents perceived it to be fair in condition (3.25). Also, residents and non-residents of the estate were fairly satisfied with facilities and services in the estate (3.65 and 3.39 respectively). The dwellers and non-dwellers of the housing estate were satisfied with their dwellings and its environment (3.78 and 3.18 respectively). The paper advocated the need for involvement of the public in housing provision decision since they are the beneficiaries, as this will go a long way in the provision of more quality housing that will meet the people's need and aspiration.

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The Contradictions in Enabling Private Developers of Affordable Housing: A Cautionary Case from Ahmedabad, India

Cited by 63 publications

References 31 publications

Evaluation and Optimization of the Financial Sustainability of Public Rental Housing Projects: A Case Study in Nanjing, China

Evaluation and Optimization of the Financial Sustainability of Public Rental Housing Projects: A Case Study in Nanjing, China

Availability, Affordability and Volatility: The Case of Hong Kong Housing Market

Perception of Housing Quality by Residents and Non Residents of Ibara Housing Estate, Abeokuta, Ogun State, Nigeria

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