《RENTAL HOUSING IN THE 1980S》求取 ⇩

Introduction and Summary1

Current Trends in Rental Housing2

The Importance of Profitability3

Housing Values and the Rent Gap3

Future Demand for Rental Housing7

Future Supply of Rental Housing7

A Framework for Public Policies8

Further Adjustments for Households12

1. Some Basic Facts about Rental Housing13

The Characteristics of Rental Housing13

Some Important Traits of Renters21

2. Recent Trends in Rents27

Who Is Being Injured?31

Why Haven't Rents Increased Faster?32

How Has Inflation Affected Rental Housing?38

How Has the Rent Gap Affected Rental Housing?40

3. Future Availability of Capital43

Capital Flows into Housing during the 1970s43

The Failure of Lenders to Anticipate Inflation45

Favorable Borrowing Terms in the 1970s45

Advantages of Housing over Alternative Investments48

Rental Property's Relative Disadvantage in Attracting Capital49

Household Savings in the 1970s51

The Revolution in Real Estate Finance54

Future Effects of Higher Real Capital Costs58

4. Future Demand for Rental Housing62

Need versus Demand 63

Rental Demand to Accommodate Population Growth64

Rental Demand Overall69

5. Recent Changes in Housing Supply73

Changes in the Inventory of Rental Housing73

Changes in the Inventory of Ownership Housing80

Net Replacement Rates84

6. Future Profitability of Rental Housing92

Influences on Market Value92

Influences on Profitability95

The Refinancing Problem97

A Model for Profitability and Market Value100

Why Rental Housing Has Been Profitable despite Lagging Rents109

Why Profitability Is Changing113

Future Profitability and Market Value114

7. Future Housing Construction and Potential Shortfalls117

Projected New Housing Construction117

Projected Demand for New Housing Construction119

Comparing Future Construction and Demand121

Avoiding Shortfalls through Other Means126

Market Adjustments to Potential Shortfalls127

8. Future Rental Housing Policies131

The Tension between Supply and Demand Objectives133

The Importance of Federal Policies135

The Limitations of Federal Policies141

Desirable Federal Policies142

Desirable Local Policies147

The Future of Rental Housing149

Appendixes153

A. Projecting Number, Type, and Tenure of Households153

B. Possible Federal Policies on Rental Housing165

C. Possible Local Policies on Rental Housing181

Index197

《RENTAL HOUSING IN THE 1980S》由于是年代较久的资料都绝版了,几乎不可能购买到实物。如果大家为了学习确实需要,可向博主求助其电子版PDF文件(由ANHONY DOWNS THE BROOKINGS INSTITUTION 出版的版本) 。对合法合规的求助,我会当即受理并将下载地址发送给你。