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Housing affordability trends and challengesin the Turkish case
Date
2018-06-01
Author
Özdemir Sarı, Özgül Burcu
Aksoy Khurami, Esma
Metadata
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This paper examines the trends and challenges of housing afordability in the Turkish case. Concurrently, it questions the use of conventional afordability measures in a developing country context. Survey of Income and Living Conditions is employed to examine the housing afordability through ratio, residual income, and subjective approaches. The results reveal that there is a weak agreement between diferent approaches in identifying the afordability problem in the Turkish context, and subjective approach is a promising method for a thorough understanding of the issue. Findings also display an improvement in housing afordability in the country during the observed period. This improvement is attributed to the high housing output created in the country as well as the consistent increase in GDP per capita levels, particularly in the last 15 years. Multivariate analysis displays that low-income households, tenants, households who identify problems with the dwelling unit and the neighbourhood quality, households living in socioeconomically developed regions and regions experiencing housing shortages are more likely to report heavy housing cost burden. One of the conclusions of the study is that defning and measuring housing afordability itself is a challenge in the Turkish case. The study also concludes that alternative policies should be developed to the current ones encouraging access to homeownership for low-income households, considering that afordability of running costs could even be a problem for low-income owner-occupiers in some cases.
Subject Keywords
Housing afordability
,
Ratio approach
,
Residual income approach
,
SILC
,
Subjective approach
,
Subjective approach · Turkey
URI
https://link.springer.com/article/10.1007/s10901-018-9617-2
https://hdl.handle.net/11511/82712
Journal
Journal Of Housing And The Built Environment
Collections
Department of City and Regional Planning, Article
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Göç ve Konut
Ersoy, Melih (Middle East Technical University, Faculty of Architecture, 1991)
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Ö. B. Özdemir Sarı and E. Aksoy Khurami, “Housing affordability trends and challengesin the Turkish case,”
Journal Of Housing And The Built Environment
, pp. 1–20, 2018, Accessed: 00, 2021. [Online]. Available: https://link.springer.com/article/10.1007/s10901-018-9617-2.