The low-income housing tax credit (LIHTC) is the largest project-based housing subsidy in the United States. Within the program, private developers receive a subsidy in exchange for constructing apartment units that rent for a predetermined affordable rate. Because the subsidy requires apartment buildings to charge a lower rental rate, the opportunity cost of developing subsidized housing in a ...

Housing reform in urban China has introduced market mechanisms into a previously welfare-oriented housing system. Although microlevel factors such as household characteristics begin to shape housing behavior in urban China as is the case in the West, macrolevel constraints and opportunities defined by not only housing stocks and housing markets but also local government behaviors continue to be...

As affordability pressures and tight rental markets in global cities mount, online shared accommodation sites proliferate. Home sharing arrangements present dilemmas for planning that aims to improve health and safety standards, while supporting positives such as the usage of dormant stock and the relieving of rental pressures on middle/lower income earners. Currently, no formal data exists on ...

The main aim of this paper is the interpretation of the existing relationship between real estate rental prices and geographical location of housing units in a central urban area of Naples (Santa Lucia and Riviera of Chiaia neighborhoods). Genetic algorithms (GA) are used for this purpose. Also, to verify the reliability of genetic algorithms for real estate appraisals and, at the same time, to...

Housing affordability in Australia is declining, especially for low-income tenants in the private sector. A number of attempts have been made to attract more private investment into boosting the supply of affordable housing in Australia. However, these attempts have been one-off and small-scale, enjoying very limited success. Large professional and institutional investors continue to avoid the ...

With prices skyrocketing for housing, especially in the San Francisco Bay Area, there is much talk about a housing bubble. However, the rapid price increases could also be due to changes in fundamentals: implicit rents, interest rates, and property and income tax rates. I use sales and implicit rental data from 1983 to 2005 for the City of San Francisco that is available through national accoun...

This study intended to offer insights for upcoming social integration by empirically examining the factors that could influence mix consciousness of public rental housing residents. A logistic multilevel model was used on basis data from Seoul Public Rental Housing Panel Survey. The result showed rationale supply mixed complexes selling and necessity reorganize existing complexes. In addition, ...