Housing Industry The housing industry has been around for many years. It is an important industry and one that will always have a necessity to exist since it creates a product that is one of the essentials of human life‚ housing. Economics play an important role in the housing industry along with all other industries. There are several factors that can influence the housing industry economically. Supply and demand coupled with price elasticity can affect the housing industry. Negative and
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Low Cost Housing Food and shelter are the basic requirements to sustain life. As such‚ shortages of dwelling houses are becoming a major focus for government. The total shortage of dwelling units in India is estimated to nearly 4.5 crore. Housing experts say the Government of India’s dream – Housing for all - could be a dominant platform to introduce low-cost technology in a big way. Perhaps‚ only then “housing for all” will get the priority as it has been accorded. Low Cost Housing is a new
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What is Fiscal Policy? One of the features that helps identify the economic direction of a country is fiscal policy. The government utilizes fiscal policy to control the economy through adjustment in spending levels and revenue. According to the theories of John Maynard Keynes‚ the British economist in regard fiscal policy‚ the decreasing or increasing expenditures (spending) and revenue (taxes) levels influences employment‚ inflation and the flow of money into the economic system. Fiscal policy
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Affordable housing and what services are being provided There are several types of housing supports for low- income renters. Here is a couple of the biggest support Housing choice (section 8) vouchers‚ low-income public‚ housing programs‚ HUD subsidized‚ and under the low income housing tax credit. (solid-ground.org)There are several qualifications in order to receive these services. The qualifications for section 8 are the following; their income level must fall below 75% of their funding
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1. Introduction House is basically a place where people live‚ sleep‚ or spending time with their family. The term housing is defined as buildings or structures that individuals used as a shelter or as a protection that meet certain regulations set by the governments [1]. Housing is part of built infrastructures that nowadays had become a major investment in most country throughout the world. Infrastructures is then interpreted as “ the underlying foundation or basic framework; the system of public
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Housing Bubbles in Metropolises in China Introduction The boom of house market has emerged accompanying with the soaring development of Chinese economy over the last two decades. Although the prosperity of real estate sector makes contributions to the growth of national fiscal revenue and Gross Domestic Product‚ it also raises a serious problem --- housing bubbles‚ defined as the housing prices deviate too much from its fundamental value (Flood and Hodrick‚ 1900)‚ especially in metropolitan
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Note on Affordable Housing and Housing Finance in the Face of the Global Financial Crisis for the Luncheon Meeting‚ New York‚ 25 June 2009 Introduction In its resolution A/RES/63/221 entitled “Implementation of the outcome of the United Nations Conference on Human Settlements (Habitat II) and strengthening of the United Nations Human Settlements Programme (UNHABITAT)”‚ the General Assembly “invites the Governing Council of UN-HABITAT to keep under review developments in the housing finance systems
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ZCZB6013 LAW & ETHICS HOUSING DEVELOPMENT (CONTROL & LICENSING ACT 1966 (ACT 118) & REGULATION ABANDONED HOUSING PROJECTS AND PURCHASERS’ RIGHTS (DR. JADY@ZAIDI HASSIM) SUFFIAN MD. ISA ZP01299 SUFFIAN MD. ISA ZP01299 Introduction House – everyone needs one. Though some of us consider house as an investment‚ there are people out there that regards house as their needs‚ necessity and act as a shelter to their family. Abandoned housing project in Malaysia has caused problems
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How could the Chinese housing bubble affect the Australian economy negatively? The Chinese economy is one of the fastest growing economies in history and they have excelled by throwing tons of resources into modernizing their economy. Real estate is a foundation of China’s phenomenal growth record in the past two decades with property construction alone accounting for 13% of GDP in 2010. The health of the economy is crucial to China’s construction‚ steel and cement sectors. Chinese growth has
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strict for the poor people and the policy does not work well. Because slum clearance only makes other squatted area. People have no way with dwelling in bad habitat environment. In my opinion this is also an ethical issue because people have the rights to live. I believe everyone has the rights to live even they live in slum. Unfortunately‚ poor people are regarded as a part of bad environment. So the real problems are in the human rights and the government policy. India Government should face with
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