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5th annual Demographia international housing affordability study 2009 ratings for metropolitan markets [electronic resource]

By: Contributor(s): Language: English Publication details: Belleville, IL Demographia 2009Subject(s): LOC classification:
  • 333.33 $2 18
Online resources:
Partial contents:
Housing affordability ratings -- Why the housing bubble occurred -- Strangling urban land markets -- Land use regulation and the international financial crisis -- The way forward -- Schedules: housing affordability ratings, all markets; housing affordability by nation, all markets -- Methods and sources -- Figures -- Tables
Summary: This survey on housing affordability looks at 265 housing markets in Australia, Canada, Ireland, New Zealand, United Kingdom and United States, using the median house price to median household income multiple to assess the availability of affordable housing. The authors state that while housing affordability has generally improved as a result of the end of the house price bubble, some markets remain inflated. Of the 265 markets assessed, there are only 87 which are affordable. These are all to be found in the United States and Canada. Australia fares particularly badly, with four areas in the top ten severely unaffordable housing markets, while London comes in at number sixteen on this list. The preface to the study discusses the casual relationship between land supply restrictions and planning and housing affordability.
Holdings
Item type Current library Call number Copy number Status Barcode
Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 146483-1001

Housing affordability ratings -- Why the housing bubble occurred -- Strangling urban land markets -- Land use regulation and the international financial crisis -- The way forward -- Schedules: housing affordability ratings, all markets; housing affordability by nation, all markets -- Methods and sources -- Figures -- Tables

This survey on housing affordability looks at 265 housing markets in Australia, Canada, Ireland, New Zealand, United Kingdom and United States, using the median house price to median household income multiple to assess the availability of affordable housing. The authors state that while housing affordability has generally improved as a result of the end of the house price bubble, some markets remain inflated. Of the 265 markets assessed, there are only 87 which are affordable. These are all to be found in the United States and Canada. Australia fares particularly badly, with four areas in the top ten severely unaffordable housing markets, while London comes in at number sixteen on this list. The preface to the study discusses the casual relationship between land supply restrictions and planning and housing affordability.