Access to Affordable and Low-Income Housing in East Asia and the Pacific

Across the world, the housing sector plays a key role in local and national economies, and expanding access to housing can encourage more equitably shared economic growth. This report surveys current policy interventions designed to encourage affor...

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Bibliographic Details
Main Author: World Bank
Format: Other Urban Study
Language:English
en_US
Published: Washington, DC 2015
Subjects:
TAX
Online Access:http://documents.worldbank.org/curated/en/2014/01/20479619/access-affordable-low-income-housing-east-asia-pacific
http://hdl.handle.net/10986/21100
id okr-10986-21100
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO LAND
ACCOUNTABILITY
AFFORDABLE HOUSING
APARTMENTS
APPROPRIATE HOUSING
BANKING SECTOR
BANKS
BARRIOS
BORROWING
BORROWING COSTS
BUILDING MATERIALS
CAPITAL COSTS
CAPITAL MARKETS
CAPITALS
CENTRAL BANKS
CITIES
COMMUNES
COMMUNITY DEVELOPMENT
COMMUNITY GROUPS
CONSOLIDATION
COST OF HOUSING
CRIME
DEBT
DISTRIBUTION OF INCOME
DISTRICTS
DORMITORIES
DOWN PAYMENTS
DWELLING
DWELLING UNITS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC POLICIES
ELECTRICITY
EMPLOYMENT
EVICTION
EXTERNALITIES
FINANCIAL INSTITUTIONS
FINANCIAL SERVICES
FINANCING SOURCES
GOVERNMENT HOUSING
GROSS DOMESTIC PRODUCT
HABITAT
HOME OWNERSHIP
HOMEOWNERS
HOMES
HOSTELS
HOTELS
HOUSEHOLDS
HOUSING
HOUSING AFFORDABILITY
HOUSING AGENCIES
HOUSING CONSTRUCTION
HOUSING COSTS
HOUSING DEMAND
HOUSING DEVELOPMENT
HOUSING DEVELOPMENTS
HOUSING FINANCE
HOUSING MARKET
HOUSING MARKETS
HOUSING NEEDS
HOUSING POLICY
HOUSING PRICES
HOUSING PROJECTS
HOUSING PROVISION
HOUSING RIGHTS
HOUSING STOCKS
HOUSING SUPPLY
HOUSING UNITS
ILLEGAL SETTLEMENTS
INCOME DISTRIBUTION
INFLATION
INFLATION RATES
INFORMAL HOUSING
INFORMAL SETTLEMENTS
INHABITANTS
INSURANCE
INTEREST RATES
INTERVENTION
INTERVENTIONS
LABOR MARKET
LABOR MARKETS
LAND DEVELOPMENT
LAND TENURE
LAND USE
LAND USE POLICIES
LARGE CITIES
LEGISLATION
LENDING INSTITUTIONS
LICENSES
LOCAL GOVERNMENT
LOCAL GOVERNMENTS
LOW COST HOUSING
MANDATES
MARKET VALUE
MICROFINANCE
MIGRATION
MOBILITY
MORTGAGE LENDING
MORTGAGE LOANS
MORTGAGES
MUNICIPAL GOVERNMENTS
MUNICIPAL SERVICES
MUNICIPALITIES
NATIONAL GOVERNMENTS
NEIGHBORHOOD
OCCUPANCY
PATTERNS OF URBAN GROWTH
PAYMENT COLLECTION
PER CAPITA INCOME
POOR NEIGHBORHOODS
POPULATION GROUPS
POSITIVE EXTERNALITIES
PRIVATE BANKING
PRIVATE HOUSING
PRIVATE SECTOR
PRIVATE SECTOR HOUSING
PRIVATE SECTOR PARTICIPATION
PRIVATIZATION
PROPERTY OWNERSHIP
PROPERTY RIGHTS
PROPERTY TAXES
PROVINCIAL GOVERNMENTS
PUBLIC
PUBLIC AGENCIES
PUBLIC BENEFITS
PUBLIC HEALTH
PUBLIC HOUSING
PUBLIC INVESTMENT
PUBLIC SAFETY
PUBLIC SECTOR
PUBLIC SECTOR EMPLOYEES
PUBLIC SERVICE
PUBLIC SERVICE DELIVERY
PUBLIC SERVICES
PUBLIC TRANSIT
PUBLIC TRANSPORTATION
PUBLIC TRANSPORTATION SYSTEMS
REGIONAL GOVERNMENTS
RENTAL HOUSING
RENTALS
RENTING
RENTS
RESIDENCY
RETIREMENT
RETURN ON SALES
RISK MANAGEMENT
ROADS
RURAL AREAS
SAVINGS
SAVINGS PROGRAMS
SAVINGS RATES
SAVINGS SCHEMES
SETTLEMENT
SETTLEMENT UPGRADING
SETTLERS
SEWAGE
SHELTER
SHELTERS
SLUM
SLUMS
SQUATTER
SQUATTER SETTLEMENTS
SUBSIDIARY
SUBSIDIZED HOUSING
TAX
TAX CREDITS
TAX INCENTIVES
TAX REVENUE
TECHNICAL ASSISTANCE
TOWNS
TRAFFIC
TRAFFIC CONGESTION
TRANSPARENCY
TRANSPORT
URBAN AREA
URBAN AREAS
URBAN COMMUNITIES
URBAN DEVELOPMENT
URBAN DWELLERS
URBAN HOUSING
URBAN LAND
URBAN PLANNING
URBAN POOR
URBAN POPULATION
URBAN POPULATIONS
URBAN POVERTY
URBAN SERVICES
URBANIZATION
UTILITIES
VACANT LAND
VACANT PROPERTY
VILLAGES
ZONING
spellingShingle ACCESS TO LAND
ACCOUNTABILITY
AFFORDABLE HOUSING
APARTMENTS
APPROPRIATE HOUSING
BANKING SECTOR
BANKS
BARRIOS
BORROWING
BORROWING COSTS
BUILDING MATERIALS
CAPITAL COSTS
CAPITAL MARKETS
CAPITALS
CENTRAL BANKS
CITIES
COMMUNES
COMMUNITY DEVELOPMENT
COMMUNITY GROUPS
CONSOLIDATION
COST OF HOUSING
CRIME
DEBT
DISTRIBUTION OF INCOME
DISTRICTS
DORMITORIES
DOWN PAYMENTS
DWELLING
DWELLING UNITS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC POLICIES
ELECTRICITY
EMPLOYMENT
EVICTION
EXTERNALITIES
FINANCIAL INSTITUTIONS
FINANCIAL SERVICES
FINANCING SOURCES
GOVERNMENT HOUSING
GROSS DOMESTIC PRODUCT
HABITAT
HOME OWNERSHIP
HOMEOWNERS
HOMES
HOSTELS
HOTELS
HOUSEHOLDS
HOUSING
HOUSING AFFORDABILITY
HOUSING AGENCIES
HOUSING CONSTRUCTION
HOUSING COSTS
HOUSING DEMAND
HOUSING DEVELOPMENT
HOUSING DEVELOPMENTS
HOUSING FINANCE
HOUSING MARKET
HOUSING MARKETS
HOUSING NEEDS
HOUSING POLICY
HOUSING PRICES
HOUSING PROJECTS
HOUSING PROVISION
HOUSING RIGHTS
HOUSING STOCKS
HOUSING SUPPLY
HOUSING UNITS
ILLEGAL SETTLEMENTS
INCOME DISTRIBUTION
INFLATION
INFLATION RATES
INFORMAL HOUSING
INFORMAL SETTLEMENTS
INHABITANTS
INSURANCE
INTEREST RATES
INTERVENTION
INTERVENTIONS
LABOR MARKET
LABOR MARKETS
LAND DEVELOPMENT
LAND TENURE
LAND USE
LAND USE POLICIES
LARGE CITIES
LEGISLATION
LENDING INSTITUTIONS
LICENSES
LOCAL GOVERNMENT
LOCAL GOVERNMENTS
LOW COST HOUSING
MANDATES
MARKET VALUE
MICROFINANCE
MIGRATION
MOBILITY
MORTGAGE LENDING
MORTGAGE LOANS
MORTGAGES
MUNICIPAL GOVERNMENTS
MUNICIPAL SERVICES
MUNICIPALITIES
NATIONAL GOVERNMENTS
NEIGHBORHOOD
OCCUPANCY
PATTERNS OF URBAN GROWTH
PAYMENT COLLECTION
PER CAPITA INCOME
POOR NEIGHBORHOODS
POPULATION GROUPS
POSITIVE EXTERNALITIES
PRIVATE BANKING
PRIVATE HOUSING
PRIVATE SECTOR
PRIVATE SECTOR HOUSING
PRIVATE SECTOR PARTICIPATION
PRIVATIZATION
PROPERTY OWNERSHIP
PROPERTY RIGHTS
PROPERTY TAXES
PROVINCIAL GOVERNMENTS
PUBLIC
PUBLIC AGENCIES
PUBLIC BENEFITS
PUBLIC HEALTH
PUBLIC HOUSING
PUBLIC INVESTMENT
PUBLIC SAFETY
PUBLIC SECTOR
PUBLIC SECTOR EMPLOYEES
PUBLIC SERVICE
PUBLIC SERVICE DELIVERY
PUBLIC SERVICES
PUBLIC TRANSIT
PUBLIC TRANSPORTATION
PUBLIC TRANSPORTATION SYSTEMS
REGIONAL GOVERNMENTS
RENTAL HOUSING
RENTALS
RENTING
RENTS
RESIDENCY
RETIREMENT
RETURN ON SALES
RISK MANAGEMENT
ROADS
RURAL AREAS
SAVINGS
SAVINGS PROGRAMS
SAVINGS RATES
SAVINGS SCHEMES
SETTLEMENT
SETTLEMENT UPGRADING
SETTLERS
SEWAGE
SHELTER
SHELTERS
SLUM
SLUMS
SQUATTER
SQUATTER SETTLEMENTS
SUBSIDIARY
SUBSIDIZED HOUSING
TAX
TAX CREDITS
TAX INCENTIVES
TAX REVENUE
TECHNICAL ASSISTANCE
TOWNS
TRAFFIC
TRAFFIC CONGESTION
TRANSPARENCY
TRANSPORT
URBAN AREA
URBAN AREAS
URBAN COMMUNITIES
URBAN DEVELOPMENT
URBAN DWELLERS
URBAN HOUSING
URBAN LAND
URBAN PLANNING
URBAN POOR
URBAN POPULATION
URBAN POPULATIONS
URBAN POVERTY
URBAN SERVICES
URBANIZATION
UTILITIES
VACANT LAND
VACANT PROPERTY
VILLAGES
ZONING
World Bank
Access to Affordable and Low-Income Housing in East Asia and the Pacific
geographic_facet East Asia and Pacific
description Across the world, the housing sector plays a key role in local and national economies, and expanding access to housing can encourage more equitably shared economic growth. This report surveys current policy interventions designed to encourage affordable housing in East Asia and the Pacific (EAP). The purpose of this report is to provide a general overview of the recent trends in urbanization and development in EAP and to consider different forms of government, market, and nonprofit actions that support housing affordability. It will also highlight key constraints and barriers that restrict the provision of low-cost housing in urban areas. Housing is important because it represents a significant household expenditure. The report assesses the strengths and limitations of affordable housing strategies used by different countries throughout EAP. This report offers broad conclusions that account for the broad social, political, and institutional variation among EAP countries; as such, these conclusions may well be applicable to more than one country context. The report also provides specific recommendations for improvement where existing interventions are new or have proven less successful. The report is divided into following chapters: chapter one gives introduction. Chapter two examines trends in urbanization rates, economic development, and inequality in order to introduce the need for high-quality, low-cost housing options. Chapter three examines EAP regional trends in urban housing affordability for owners and renters from select cities. Chapter four outlines future directions for affordable housing provision based on a comparative consideration of international best practices. Finally, chapter five surveys different affordable housing policies currently in place in EAP and summarizes their strengths and weaknesses.
format Economic & Sector Work :: Other Urban Study
author World Bank
author_facet World Bank
author_sort World Bank
title Access to Affordable and Low-Income Housing in East Asia and the Pacific
title_short Access to Affordable and Low-Income Housing in East Asia and the Pacific
title_full Access to Affordable and Low-Income Housing in East Asia and the Pacific
title_fullStr Access to Affordable and Low-Income Housing in East Asia and the Pacific
title_full_unstemmed Access to Affordable and Low-Income Housing in East Asia and the Pacific
title_sort access to affordable and low-income housing in east asia and the pacific
publisher Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2014/01/20479619/access-affordable-low-income-housing-east-asia-pacific
http://hdl.handle.net/10986/21100
_version_ 1764447465626402816
spelling okr-10986-211002021-04-23T14:04:00Z Access to Affordable and Low-Income Housing in East Asia and the Pacific World Bank ACCESS TO LAND ACCOUNTABILITY AFFORDABLE HOUSING APARTMENTS APPROPRIATE HOUSING BANKING SECTOR BANKS BARRIOS BORROWING BORROWING COSTS BUILDING MATERIALS CAPITAL COSTS CAPITAL MARKETS CAPITALS CENTRAL BANKS CITIES COMMUNES COMMUNITY DEVELOPMENT COMMUNITY GROUPS CONSOLIDATION COST OF HOUSING CRIME DEBT DISTRIBUTION OF INCOME DISTRICTS DORMITORIES DOWN PAYMENTS DWELLING DWELLING UNITS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC POLICIES ELECTRICITY EMPLOYMENT EVICTION EXTERNALITIES FINANCIAL INSTITUTIONS FINANCIAL SERVICES FINANCING SOURCES GOVERNMENT HOUSING GROSS DOMESTIC PRODUCT HABITAT HOME OWNERSHIP HOMEOWNERS HOMES HOSTELS HOTELS HOUSEHOLDS HOUSING HOUSING AFFORDABILITY HOUSING AGENCIES HOUSING CONSTRUCTION HOUSING COSTS HOUSING DEMAND HOUSING DEVELOPMENT HOUSING DEVELOPMENTS HOUSING FINANCE HOUSING MARKET HOUSING MARKETS HOUSING NEEDS HOUSING POLICY HOUSING PRICES HOUSING PROJECTS HOUSING PROVISION HOUSING RIGHTS HOUSING STOCKS HOUSING SUPPLY HOUSING UNITS ILLEGAL SETTLEMENTS INCOME DISTRIBUTION INFLATION INFLATION RATES INFORMAL HOUSING INFORMAL SETTLEMENTS INHABITANTS INSURANCE INTEREST RATES INTERVENTION INTERVENTIONS LABOR MARKET LABOR MARKETS LAND DEVELOPMENT LAND TENURE LAND USE LAND USE POLICIES LARGE CITIES LEGISLATION LENDING INSTITUTIONS LICENSES LOCAL GOVERNMENT LOCAL GOVERNMENTS LOW COST HOUSING MANDATES MARKET VALUE MICROFINANCE MIGRATION MOBILITY MORTGAGE LENDING MORTGAGE LOANS MORTGAGES MUNICIPAL GOVERNMENTS MUNICIPAL SERVICES MUNICIPALITIES NATIONAL GOVERNMENTS NEIGHBORHOOD OCCUPANCY PATTERNS OF URBAN GROWTH PAYMENT COLLECTION PER CAPITA INCOME POOR NEIGHBORHOODS POPULATION GROUPS POSITIVE EXTERNALITIES PRIVATE BANKING PRIVATE HOUSING PRIVATE SECTOR PRIVATE SECTOR HOUSING PRIVATE SECTOR PARTICIPATION PRIVATIZATION PROPERTY OWNERSHIP PROPERTY RIGHTS PROPERTY TAXES PROVINCIAL GOVERNMENTS PUBLIC PUBLIC AGENCIES PUBLIC BENEFITS PUBLIC HEALTH PUBLIC HOUSING PUBLIC INVESTMENT PUBLIC SAFETY PUBLIC SECTOR PUBLIC SECTOR EMPLOYEES PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES PUBLIC TRANSIT PUBLIC TRANSPORTATION PUBLIC TRANSPORTATION SYSTEMS REGIONAL GOVERNMENTS RENTAL HOUSING RENTALS RENTING RENTS RESIDENCY RETIREMENT RETURN ON SALES RISK MANAGEMENT ROADS RURAL AREAS SAVINGS SAVINGS PROGRAMS SAVINGS RATES SAVINGS SCHEMES SETTLEMENT SETTLEMENT UPGRADING SETTLERS SEWAGE SHELTER SHELTERS SLUM SLUMS SQUATTER SQUATTER SETTLEMENTS SUBSIDIARY SUBSIDIZED HOUSING TAX TAX CREDITS TAX INCENTIVES TAX REVENUE TECHNICAL ASSISTANCE TOWNS TRAFFIC TRAFFIC CONGESTION TRANSPARENCY TRANSPORT URBAN AREA URBAN AREAS URBAN COMMUNITIES URBAN DEVELOPMENT URBAN DWELLERS URBAN HOUSING URBAN LAND URBAN PLANNING URBAN POOR URBAN POPULATION URBAN POPULATIONS URBAN POVERTY URBAN SERVICES URBANIZATION UTILITIES VACANT LAND VACANT PROPERTY VILLAGES ZONING Across the world, the housing sector plays a key role in local and national economies, and expanding access to housing can encourage more equitably shared economic growth. This report surveys current policy interventions designed to encourage affordable housing in East Asia and the Pacific (EAP). The purpose of this report is to provide a general overview of the recent trends in urbanization and development in EAP and to consider different forms of government, market, and nonprofit actions that support housing affordability. It will also highlight key constraints and barriers that restrict the provision of low-cost housing in urban areas. Housing is important because it represents a significant household expenditure. The report assesses the strengths and limitations of affordable housing strategies used by different countries throughout EAP. This report offers broad conclusions that account for the broad social, political, and institutional variation among EAP countries; as such, these conclusions may well be applicable to more than one country context. The report also provides specific recommendations for improvement where existing interventions are new or have proven less successful. The report is divided into following chapters: chapter one gives introduction. Chapter two examines trends in urbanization rates, economic development, and inequality in order to introduce the need for high-quality, low-cost housing options. Chapter three examines EAP regional trends in urban housing affordability for owners and renters from select cities. Chapter four outlines future directions for affordable housing provision based on a comparative consideration of international best practices. Finally, chapter five surveys different affordable housing policies currently in place in EAP and summarizes their strengths and weaknesses. 2015-01-06T16:09:54Z 2015-01-06T16:09:54Z 2014 http://documents.worldbank.org/curated/en/2014/01/20479619/access-affordable-low-income-housing-east-asia-pacific http://hdl.handle.net/10986/21100 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Other Urban Study East Asia and Pacific