This book answers some of the questions around affordable housing and
low cost home ownership, and whether these intermediate tenures have
the potential to play a longer term role in achieving sustainable
housing markets.
The editors clarify the principles on which the development of
affordable housing and intermediate tenures has been based; analyse
the policy instruments used to implement these ideas; and make a
preliminary assessment of their longer tem value to households and
governments alike.
Making Housing More Affordable: the role of intermediate
tenures brings together an evidence base for researchers and
policy makers as they assess past experience and work to understand
future options.
The book draws mainly on experience of the intermediate housing
market in England but also on examples of policies that have been
implemented across the world. It clarifies both the challenges and the
achievements of governments in providing a well operating intermediate
market that can help meet the fundamental goal of 'a decent home for
every household at a price within their means'.
The first section outlines the principles and practice of
intermediate housing and examines the instruments and mechanisms by
which it has been provided internationally. The next section estimates
who might benefit from being in intermediate housing and projects the
take-up of different products in the future. Section III examines the
supply side and Section IV introduces some case studies of who gets
what. The final section looks at how effectively the intermediate
market operates over the economic cycle.
