Attainable Housing Cost to Extend Housing Affordability
This study attempts to explore the possible modes of acquiring home ownership taking lower-middle and middle-income dwellers as a case study in city of Dhaka (Bangladesh), a city that has confronting huge population growth and housing lacks. The study was aimed to investigate the issue of affordability from present housing expenditure on the concept of attainable cost. The results of the study validate that the cheapest new housing currently being built is not affordable by most of the lower-middle and middle income dwellers. The gap between the affordability and the housing cost can be lowered to a significant extend under different settings of savings and down payments, as a tool to attain a permanent shelter. It reveals from the study that that one-third of the total dwelling cost as down payment could reach hundred percent from the Middle Income Group (MIG) and 75 percent from the lower-middle income group to have a decent shelter and it seems to be compatible to their need and meet their ability to pay. It concludes from the study that the HHs could offer higher initial payments if it would mean home ownership at the end.
Affordability Attainability Dhaka Down Payments Middle Income Group
Md.Kamruzzaman Nobuyuki Ogura
University of the Ryukyus,Japan
国际会议
北京
英文
382-387
2008-10-01（万方平台首次上网日期，不代表论文的发表时间）