Skip to main content

Housing Affordability: Measurements and Trends

  • Reference work entry
  • First Online:

Part of the book series: Encyclopedia of the UN Sustainable Development Goals ((ENUNSDG))

Definitions of Affordable Housing

One of the most frequently used terms in the era of rapid urbanization is perhaps “affordable housing.” However, to date, there seems no universally acceptable definition of affordable housing that exists among the academicians and practitioners. The concept of affordable housing can be relative (housing affordability through history) and subjective (classic assumption of individual with their rational self-interest) at the same time (Cai 2017). The term is very much contingent to economic development and income levels; hence, it does not have any uniform definition worldwide. Affordable housing in the ambit of wider meaning could constitute homes that are affordable to the maximum demographics, which indicates various levels of income groups. However, affordable housing concept has been defined in many ways based on various classifications, and they range from relative, subjective, purchase affordability, repayment affordability, and income...

This is a preview of subscription content, log in via an institution.

Buying options

Chapter
USD   29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD   499.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD   699.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Learn about institutional subscriptions

References

Download references

Acknowledgments

Part of the report was produced when the first author was doing internship at the Asian Development Bank, Manila, Philippines, in 2017. The first author also acknowledges support from his supervisors (then) Navendu Karan and Bruno Carrasco for their valuable comments and suggestions.

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Md Aslam Mia .

Editor information

Editors and Affiliations

Section Editor information

Rights and permissions

Reprints and permissions

Copyright information

© 2020 Springer Nature Switzerland AG

About this entry

Check for updates. Verify currency and authenticity via CrossMark

Cite this entry

Mia, M.A., Zull, E.I. (2020). Housing Affordability: Measurements and Trends. In: Leal Filho, W., Marisa Azul, A., Brandli, L., Gökçin Özuyar, P., Wall, T. (eds) Sustainable Cities and Communities. Encyclopedia of the UN Sustainable Development Goals. Springer, Cham. https://doi.org/10.1007/978-3-319-95717-3_89

Download citation

Publish with us

Policies and ethics