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Urban Housing in Sri Lanka

  • Bilesha WeeraratneEmail author
Chapter
Part of the Contemporary South Asian Studies book series (CSAS)

Abstract

The chapter examines urban housing in Sri Lanka and shows that the housing market is segmented in terms of housing for low- and high-income population. In terms of two affordability indicators: housing cost as a percentage of monthly household income and monthly housing rent as a ratio of weekly household income, low-income households find housing unaffordable. The findings from hedonic rental pricing models provide insights into the manner in which housing characteristics influence rental prices, in different submarkets for urban housing in Sri Lanka. These findings indicate that planning of smaller housing and housing for low-income population should focus on structural characteristics such as floor area, flooring and roofing in an effort to maintain affordability for occupants. On the other hand, planning of larger housing and housing for high-income population, in addition to structural characteristics, location and neighbourhood characteristics need to be carefully considered to ensure the required demand by the target population.

Keywords

Housing Urbanisation Sri Lanka Urban policy 

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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  1. 1.Institute of Policy Studies of Sri LankaColomboSri Lanka

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