To do this we define an affordability index according to Iran's economic situation and show that in the absence of effective financial infrastructures, this index declines over time. To confront this problem, we analyze supply-side and demand-side housing policies. Moving into indu...
Looking further along into the forecast period, Bauer also sees the reduction of energy-efficient building codes recently mandated by HUD and USDA when financing new residential construction as an important step to improving affordability. According to a study cited by the NAHB, b...
Today, these buildings must cater to a highly diverse and transient population, navigating the pressures of affordability, density, and the evolving living standards of young adults. With rapid urbanization and increasing student mobility, universities now face the challenge of designing housing that is...
Today, these buildings must cater to a highly diverse and transient population, navigating the pressures of affordability, density, and the evolving living standards of young adults. With rapid urbanization and increasing student mobility, universities now face the challenge of designing housing that is...
“capacity” argument has lost currency in the face of Seattle’s growing affordability crisis, as Seattle residents have generally come to accept that we probably could stand to add a bit more density. Adding more theoretical capacity—even, perhaps especially, in the absence of actual housing—...
the Purchase Index decreased by 3% compared with the previous week. Unadjusted, the Purchase Index increased by 4% and was 12% lower than the same week a year ago. Purchase applications were meek due to affordability challenges and low existing housing inventory, the MBA noted. Refinance applica...
A limited amount of existing inventory along with solid demand helped new home sales end the year on an up note, even as buyers continue to grapple with housing affordability challenges. U.S. Department of Energy Reverses Biden LNG Pause, Restores Trump Energy Dominance Agenda ...
Inter-partisan consensus is required at federal and local levels given that land use if allocated for housing would lock it over the next 20 years; Given the affordability challenges, for developed and advanced developing countries, housing programs should be focused on the poor. Subsidies are argu...
The 2025 Housing Forecast from Realtor.com calls for another year of strained housing affordability and high mortgage interest rates. The real estate listings website predicts rates will average 6.3% in 2025, falling every-so-slightly to 6.2% by year-end. "With a landslide election victory by ...
while the homeowner vacancy rate fell to 0.7% from 1% during this time.17Declining supply ensured that home prices kept rising. Rising mortgage rates and home prices dented housing affordability (figure 4). By August 2023, the housing affordability index, from the National Association of Realtors...