Spatial consequences of the housing affordability crisis in England (Record no. 11470)

MARC details
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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Szumilo, Nikodem
245 ## - TITLE STATEMENT
Title Spatial consequences of the housing affordability crisis in England
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher, distributor, etc Sage,
Date of publication, distribution, etc 2019.
300 ## - PHYSICAL DESCRIPTION
Pages Vol 51, Issue 6, 2019,(1264-1286 p.)
520 ## - SUMMARY, ETC.
Summary, etc This paper discusses the impact of housing affordability on the spatial distribution of productivity and wages. The key theoretical contribution is to phrase the problem as an issue of the composition (rather than the level) of housing demand and link it to heterogeneous preferences and characteristics of households. Using a simple simulation methodology, the study estimates levels of amenity values and wages that would make current house prices as affordable as they were in 1995 in all English local authority districts. Although average wages would be unlikely to increase if housing was more affordable, productivity across England would probably be higher as the spatial distribution of economic activity would change. The key conclusions are that (1) unaffordable housing has significant economic implications; and (2) policy aimed at improving housing affordability should consider targeting housing demand as well as supply.
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Subject Housing affordability,
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Subject housing demand,
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Subject local productivity,
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Subject household migration
773 0# - HOST ITEM ENTRY
Host Biblionumber 11325
Host Itemnumber 15507
Place, publisher, and date of publication Sage, 2019.
Title Environmental and planning A: Economy and space
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Uniform Resource Identifier https://doi.org/10.1177/0308518X18811671
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Koha item type Articles
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