Affordable Homeownership Policy: Implications for Housing Markets

Affordable homeownership is a policy that is often accorded a great deal of policy attention by governments of many countries. In this paper, we examine the market implications of setting a housing price to income ratio target for a market segment by the government. The policy requires active interv...

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Bibliographic Details
Main Author: PHANG, Sock Yong
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2009
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/1150
https://ink.library.smu.edu.sg/context/soe_research/article/2149/viewcontent/Affordablehomeownershippolicy.pdf
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Institution: Singapore Management University
Language: English