Affordable housing is housing which is deemed affordable to those with a household income at or below the median, as rated by the national government or a local government by a recognized housing affordability index.[1] Most of the literature on affordable housing refers to mortgages and a number of forms that exist along a continuum – from emergency homeless shelters, to transitional housing, to non-market rental (also known as social or subsidized housing), to formal and informal rental, indigenous housing, and ending with affordable home ownership.[2][3][4][5] Demand for affordable housing is generally associated with a decrease in housing affordability, such as rent increases, in addition to increased homelessness.[6]
Housing choice is a response to a complex set of economic, social, and psychological impulses.[7] For example, some households may choose to spend more on housing because they feel they can afford to, while others may not have a choice.[8]
- ^ Bhatta, Basudeb (2010). Analysis of Urban Growth and Sprawl from Remote Sensing Data. Advances in Geographic Information Science. Springer. p. 23. ISBN 978-3-642-05298-9.
- ^ "Definition Affordable Housing" (PDF). Archived from the original (PDF) on 25 January 2020. Retrieved 12 December 2011.
- ^ CNHED Archived 4 February 2012 at the Wayback Machine
- ^ "Queensland Affordable Housing Consortium [QAHC], Australia" (PDF). Archived from the original (PDF) on 26 April 2012.
- ^ Affordable Housing: Issues, Principles and Policy Options (PDF). Affordable Housing Summit. Canberra, Australia: Australian Council of Trade Unions. July 2007. Archived from the original (PDF) on 26 May 2012. Retrieved 8 December 2011.
- ^ "How Housing Costs Drive Levels of Homelessness". pew.org. 22 August 2023. Retrieved 4 October 2024.
- ^ Hulchanski, J. David (October 1995). "The Concept of Housing Affordability: Six Contemporary Uses of the Expenditure to Income Ratio" (PDF). Housing Studies. 10 (4). doi:10.1080/02673039508720833. Archived from the original (PDF) on 27 April 2012. Retrieved 8 December 2011.
- ^ Luffman, Jacqueline (November 2006). "Measuring housing affordability". Perspectives on Labour and Income. 7 (11). Statistics Canada: 16–25.