Loading article...
Loading article...
Stream/Area:
-
Subject:
-
Paper ID:
IJSREM30277
Volume:
8 |
4 |
Apr 2024
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
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
Publication Date
12/31/45393
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
Documents
Article Views
0
Total views since publication
PDF Downloads
1
Total downloads since publication
Geographic Reach
5
Digital Preservation: This article is permanently archived on Zenodo and complies with all data preservation standards across major indexing platforms.
Plagiarism Screening
This manuscript has been checked for plagiarism using TurnitinPlagiarismChecker software.
Conflict of Interest
The authors declare no conflict of interest related to this research work.
Funding Information
No funding information available for this research.
Related research in the same subject area
Loading similar articles...