Fiscal Austerity and Rental Housing Policy in the United States and United Kingdom, 2010–2016

Goering, John; Whitehead, Christine

doi:10.1080/10511482.2017.1321568

Cited by 15 publications

(7 citation statements)

References 52 publications

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“…The analysis of homebuyers' litigation-related case decisions also suggests increasing complaints against builders/promoters and real estate agents for violations of agreements, construction defects, and service de ciencies. Authors with year Important features studied Gastanaga et al (1998), Berry, et al (2001), Asiedu (2002), Asiedu and Lien (2010), Büthe and Milner (2008), Mlachila andTakebe (2011), Ramsey-Musolf (2016), Glaeser (2017), Goering and Whitehead (2017), Biyase and Rooderick (2018), González-Val (2020) Policy issues and measures: Austerity measures, FDI, Financial crisis, Housing equity, Regulatory governance, Taxation issues Gibb and Hoesli (2003), Stone (2006), Gabriel (2010), Bramley (2011S), Zavei and Jusan (2012), Levitin and Wachter (2012), Singh (2013), Mulliner and Maliene (2015), Roy (2018), Kusiak (2019), Li and Chau (2019), Marsha and Stephen (2019), Haffner and Hulse (2019), Robin (2019), Breuer and Steininger (2020), Malik et al (2020) Socio-economic features: Builders' disparity treatment/ harassment, Corruption in property, Demand-supply issues, Housing affordability, Housing market assessment, Housing pricing and/ bubble formation, Poverty and housing needs, Public housing system and Mortgage instruments, Real estate business practices, User's housing motivation,…”

Section: Real Estate Market-indian Contextmentioning

confidence: 99%

The Indian real estate regulations and urban homebuyers: impact assessment

Chawla¹,

Kumar²

2022

Preprint

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The previously unregulated urban housing and real estate market scenario began to change by promulgating a new law, i.e., the Indian Real Estate (Regulation and Development) Act, 2016 (RERDA, 2016/Act). Claims are that the Act has been saving homebuyers from exploitation by the promoters' evasive and aggressive approach and impacting the economy and society. The paper briefly examines relevant provisions of the Act and judicial pronouncements protecting urban homebuyers' interests; it analyzes in-depth their impact on them in particular and society by empirically studying 540 sample homebuyers' reactions. Besides, the study discusses the implications of regulating foreign direct investments in aiding current policy perceptions supporting housing vis-a-vis the economy. The results show that very often, builders exploit the homebuyers. Timely judiciary interventions have removed the initial bottleneck created by builders, positively impacting builders' and governments' safeguarding of homebuyers' interests. Even four years after the Act's implementation, its implementation remains uneven.

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Section: Real Estate Market-indian Contextmentioning

confidence: 99%

The Indian real estate regulations and urban homebuyers: impact assessment

Chawla¹,

Kumar²

2022

Preprint

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“…These statutes also played their part in improving existing poor quality units. In 1920 only 1% of homes had indoor plumbing and electricity (Lutz, 2004;Census Bureau, 1994) but by 1970 virtually all of the physically inadequate stock had been demolished, repaired, or compelled to provide improved housing conditions (Ellen & O'Flaherty, 2013;Bach & Waters 2014;Goering & Whitehead 2017).…”

Section: Chart 2b About Herementioning

confidence: 99%

“…In the US beginning in the late 1970s there has been a relatively steady reduction in both the rate of growth and the absolute level of federal funds for housing, most especially a decline in relative support for public housing (Buckley & Schwartz, 2011;Goering and Whitehead, 2017). In the New York context one is inclined to agree with Mallach (2018: 246, 237) who argues: "the era when the federal government could drive change… is long over."…”

Section: Table 1 About Herementioning

confidence: 99%

Local affordable housing dynamics in two global cities: patterns and possible lessons?

Whitehead

Goering

2020

International Journal of Urban Sciences

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This paper compares how New York and London, two major global cities, have developed policies and programs to help ensure affordable housing for their citizens. It clarifies how, starting from relatively limited local regulatory powers in the nineteenth century, each city has used local resources as well as centrally authorized programs, to create unique mixes of rental housing support, mostly based on instruments that enable sub-market rents. It goes on to discuss how the legacies arising from these interventions, both positive and negative, have influenced affordability in these cities' current, more internationally open and generally more privatised, housing systems. The relative success of both cities has depended on the management of this pastiche of programs and financing. Even so, while large proportions of lower income households in both cities (although larger in London) are assisted, there remains significant, and, in current economic circumstances, potentially growing numbers of households, facing unaffordable market rents. In the foreseeable future it can only be an amalgam of these local and nationally supported policies together with local initiatives that can help limit, although not resolve, the continuing problems of ensuring adequate affordable homes for lower income households in both New York and London.

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“…The evolution of supports for housing tracks a similar divide. Not all households were borne up by the policy of using quantitative easing to maintain their assetised status; those deemed less credit-worthy and who are without access to credit and without housing equity post-crisis are the direct targets of disciplinary neoliberalism via cuts to housing assistance, another discretionary item of expenditure states could cut as austerity took hold (Goering and Whitehead, 2017). This builds upon a long-term shift towards the commodification of housing supports, from public provision, which has effectively disappeared in the USA, to support in the private rental market (Hanlon, 2017).…”

Section: Embedding Coercive Commodification and Disciplinary Neolibermentioning

confidence: 99%

Discipline, debt and coercive commodification: Post-crisis neoliberalism and the welfare state in Ireland, the UK and the USA

Dukelow

Kennett

2018

Critical Social Policy

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Ireland, the UK and the USA are heterogeneous examples of liberal worlds of welfare capitalism yet all three countries were deeply implicated in the 2008 global financial crisis. Examining these three countries together provides the opportunity to further develop an international comparative political economy of instability in the context of the globalised and financialised dimensions of Anglo-liberal capitalism and disciplinary governance. Our analysis is guided by the concept of disciplinary neoliberalism (Gill, 1995) through which we explore: (i) the dynamics that have shaped the impacts of and responses to the Great Recession; (ii) the ways in which state-market relations, shaped by differentiated accommodations to market imperative or market discipline, have been used as disciplinary tools and how these have interacted with existing social divisions and iii) the implications for shaping conditions for resistance. We suggest that the neoliberal pathways of each country, whilst not

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Fiscal Austerity and Rental Housing Policy in the United States and United Kingdom, 2010–2016

Cited by 15 publications

References 52 publications

The Indian real estate regulations and urban homebuyers: impact assessment

The Indian real estate regulations and urban homebuyers: impact assessment

Local affordable housing dynamics in two global cities: patterns and possible lessons?

Discipline, debt and coercive commodification: Post-crisis neoliberalism and the welfare state in Ireland, the UK and the USA

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