Why has housing become a matter of public concern in both the developed and the developing parts of the world? Has the market mechanism failed? If so, what are the dimensions and the reasons for its malfunctioning? How well does housing fit the general criteria for justifiable interventions that have been established by modern economists?
KeywordsHousing Market Demand Curve Fire Protection Urban Renewal Housing Allowance
Unable to display preview. Download preview PDF.
- 1.C. Bauer, ‘The Case for Regional Planning and Urban Dispersal’, in B. Kelly (ed.), Housing and Economic Development (Cambridge: MIT, 1955) p. 39.Google Scholar
- 2.Quoted in E. J. Howenstine, ‘Appraising the Role of Housing in Economic Development’, International Labour Review, 75 (January 1957) p. 26.Google Scholar
- 5.Cf. W. P. Strassmann, ‘Measuring the Employment Effects of Housing Policies in Developing Countries’, Economic Development and Cultural Change, 24, 3 (April 1976) pp. 623–32.Google Scholar
- 6.I. Lowry, ‘Housing’, in A. Pascal (ed.), Cities in Trouble, An Agenda for Urban Research (Santa Monica: RAND Corp., 1968 ) p. 14.Google Scholar
- 8.P. A. Stone, Urban Development in Britain: Standards, Costs and Resources, 1964–2004; Vol. 1: Population Trends and Housing (Cambridge: Cambridge University Press, 1970). Also see L. Grebler, Large Scale Housing and Real Estate Firms (New York: Praeger, 1973).Google Scholar
- 10.R. M. Anderson, American Law of Zoning, 4 vols (Rochester, N.Y.: The Lawyers Information Publishing Company, 1968).Google Scholar
- 14.See J. Rothenberg, Economic Evaluation of Urban Renewal (Washington: Brookings Institution, 1967); or, in abbreviated form, ‘Urban Renewal,’Programs’, in R. Dorfman ed.Measuring Benefits of Government Investments (Washington: Brookings Institution, 1965).Google Scholar
- 15.For example, see L. H. Klaassen and W. Eizenga, Some Considerations About the Productive Capacity of Consumption Expenditures (Rotterdam: Netherlands Economic Institute, 1974).Google Scholar
- 19.L. H. Klaassen and L. S. Burns, ‘The Position of Housing in National Economic and Social Policy’, Capital Formation for Housing in Latin America (Washington: Pan American Union, 1963) pp. 108–19.Google Scholar