Housing Crisis: Governments

What has caused of the affordable housing crisis?

• The demand is greater than the supply

• increasing urbanisation

• Falling construction costs

• Limited social housing stocks

What are some factors that contribute to housing inequality?

• 0verpopulation

• income inequality

• a lack of affordable housing

• The social value placed on housing: it is a status symbol

• The health of occupants.

What is rapid urbanization and how does it contribute to the global housing crisis?

• Rapid urbanization is the development of rural areas into urban areas. It has no impact on the global housing crisis.

• Rapid urbanization is the fast growth of cities and urban population. The high demand for housing exceeds the supply, leading to a global housing crisis.

• Rapid urbanization is the slow growth of cities and urban population, which creates a reduced or low demand for housing, leading to a global housing crisis.

• Rapid urbanization is the drift from the cities to the rural areas. It reduces the demand for housing and alleviates the global housing crisis.

Could government policies impact the global housing crisis?

• No. Government policies have no impact the housing market.

• Government policies can impact the global housing crisis by implementing regulations and incentives that promote affordable housing.

What are some ways that governments can influence the housing market?

• Increase direct funding: pay to build and operate social housing.

• Pass regulations to control land use and building envelopes

• Wait for developers to do the right thing

• Structure duties and taxes to encourage social housing

Match the government to the affordable housing control

• United Kingdom

• Around 70% government owned, rent controlled

• Singapore

• New developers make 20-30% affordable

• USSR

• Mix: govt owned, co-ops, private

• Australia

• Around 6% labelled as affordable

• Sweden

• 100% government owned, rent controlled .

In New South Wales, "affordable" housing is defined as a ​ (a)   sold or rented at around ​ (b)   % below market rates. Therefore, a 2 -bedroom apartment in ​ (c)   is affordable because it costs 1 million to buy, or $1,000 a week to ​ (d)   . For many people, this is not genuinely ​ (e)   .

• property
• 25
• Balmain
• rent
• affordable

T or F: Traditionally, the USSR used a "BOO" model (the government Built, Owned, and Operated housing).

• true

• false

What were driving factors in Soviet "BOO" projects?

• Communist ideology: equity.

• House workers efficiently and cheaply, freeing money for the arms race

• Design a new building for a new leader...Make Putin great again.

• Create small communities

Why is the United States Government reluctant to invest in social housing?

• Neoliberal theory: govts should allow a free market

• Past experiences: high rise, high costs, and high failures

• Expenditure priorities: military,hospitals, education - then housing

• People would move out of Trump Towers.