For a very clear and helpful review of the notion of “housing affordability” see the PowerPoint presentation by Christine Whitehead (professor of economics, LSE & Cambridge) – from a keynote address at a recent housing conference of the Asia Pacific Network for Housing Research.
· What is meant by affordable housing?
· Rationale for government intervention
· Main policy approaches
· Major factors determining policy trends
· Major global trends: privatisation; targeting; contributions towards housing from land values; rehabilitation and redevelopment; tenure