Analysis Affordable Housing Policy for Mig Issues and Challenges Parameters w.r.t Past Present Future Openings Division
Gopala jadiya[1], Ar Sameer Sharma[2]
Fourth year eighth part, bachelor’s degree in architecture, school of architecture, ips academy, indore, madhya pradesh, india
ABSTRACT:
The availability of affordable housing for the middle class is a major global issue, for which numerous strategies and policies have been devised over time. This study looks at the challenges and roadblocks middle-class affordable housing options face, focusing on past, present, and future trends. The graph openings division method is used in the study to demonstrate how these policies have impacted society throughout time.
Historically, policies concerning affordable housing have often emphasised providing tax benefits and subsidies to developers as a means of encouraging the construction of affordable housing units. However, these initiatives faced challenges such as inadequate funding, poor implementation, and limited availability of fairly priced housing options. In affordable housing policy, more comprehensive approaches are currently in vogue.
In the past, regulations pertaining to affordable housing frequently focused on offering tax breaks and subsidies to developers in order to promote the creation of affordable housing units. Notwithstanding, these programmes encountered obstacles including insufficient financial support, improper execution, and restricted access to reasonably priced housing choices. The current trend in affordable housing policy is towards more comprehensive approaches that incorporate creative financing methods, public-private partnerships, and mixed-income housing complexes.
Looking ahead, urbanisation trends, demographic shifts, and technology developments will probably have an impact on middle-class affordable housing policy. For policymakers to properly address these issues, they will need to embrace flexible and adaptable policies.
Through an analysis of the development of affordable housing policies and their effects on the middle-income group, this research seeks to offer insightful information to policymakers and stakeholders in the housing industry.
Keywords
Affordable housing, middle-income group (mig) ,future outlook ,graph openings division , housing challenges, housing issues ,policy effectiveness, policy recommendations
