ISSN:
1432-0592
Source:
Springer Online Journal Archives 1860-2000
Topics:
Architecture, Civil Engineering, Surveying
,
Geography
,
Economics
Notes:
Abstract During the mid and late 1970s housing price inflation made the purchase of a home problematic for large numbers of Americans. This paper uses Annual Housing Survey (AHS) data from five successive years, 1974 to 1978, to analyze the extent of the affordability crisis. It outlines the changes in the size and characteristics of the stream of movers from rented to owner occupied housing which would accompany an affordability crisis and examines AHS data for evidence of these changes. The results suggest that the exclusionary effects of housing price inflation were confined to the southern and western regions of the United States. The causes for these regional differentials and their implications for housing policy are briefly explored.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/BF02078773
