2011
DOI: 10.1080/02673037.2011.559754
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User Costs and Housing Expenses. Towards a more Comprehensive Approach to Affordability

Abstract: Recently housing affordability has reached the agenda in Flanders and the Netherlands, giving a good reason to present a review of the concept of affordability and different definitions. The concept of short-term affordability, which is concerned with financial access to a dwelling and is based on cash flows, is combined with the concept of long-term affordability, which is about the costs of housing consumption. The use of these concepts is illustrated for Flanders and the Netherlands. They show that each con… Show more

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Cited by 67 publications
(39 citation statements)
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“…The Housing affordability is a complex and multi-dimensional issue. Accordingly, to gain a better insight into the problem, it should not be analysed using just one concept, measure or definition [26,27]. It is clearly difficult, perhaps impossible, to address all concerns related to affordability within one simple measure.…”
Section: Introductionmentioning
confidence: 99%
“…The Housing affordability is a complex and multi-dimensional issue. Accordingly, to gain a better insight into the problem, it should not be analysed using just one concept, measure or definition [26,27]. It is clearly difficult, perhaps impossible, to address all concerns related to affordability within one simple measure.…”
Section: Introductionmentioning
confidence: 99%
“…Conversely, some poor families may live in a dwelling that is too small or is of poor quality, in order to safeguard their other consumption options. In more general terms, the residual income method implicitly assumes that housing expenses are exogenously determined and that households do not have a free housing choice (Haffner & Heylen, 2011;Stone, 2006). If one keeps in mind these limits of the residual income approach, it can be used, especially if one is considering whether residual income is sufficiently high to pay for other consumption.…”
Section: Definition Of Income Poverty and Income Distribution After Hmentioning
confidence: 99%
“…The explicit subsidies that are revealed by the residual income approach are the housing allowance for the rental market and tax relief for owner-occupiers (see also Haffner & Heylen, 2011). In Flanders, a selective system of housing allowances exists, which targets low-income households that move from an inadequate to a suitable dwelling or households that move to a dwelling that is rented by a so-called social rental agency (De Decker, 2002).…”
Section: Subsidization Instruments In Flanders and The Netherlandsmentioning
confidence: 99%
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“…of home ownership (for example, Haffner and Heylen, 2011). Furthermore, housing wealth is often the only source of wealth for low-income households, and may carry unanticipated costs for maintenance, renovation and utilities (McCarthy et al, 2001).…”
Section: A U T H O R C O P Ymentioning
confidence: 99%