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Housing refers to the usage and possibly construction of shelter as living spaces, individually or collectively. Housing is a basic human need and a human right, playing a critical role in shaping the quality of life for individuals, families, and communities, [1] Housing is a durable good. As such it is the main issue of housing organization ...
Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...
Housing subsidies are government funded financial assistance programs designed to mitigate the costs of housing for low-income tenants. Subsidies can be provided in the form of housing vouchers given to tenants, e.g. Section 8 (Housing), or via direct deposits to landlords with government contracts to provide affordable housing.
Determining housing affordability is complex and the commonly used housing-expenditure-to-income-ratio tool has been challenged. In the United States [21] and Canada, [22] a commonly accepted guideline for housing affordability is a housing cost, including utilities, that does not exceed 30% of a household's gross income. [23]
Public housing high-rise in the Inner-City Sydney Sydney suburb of Waterloo, two of 11 such towers in three different estates spread across the suburbs of Waterloo, Redfern and Surry Hills. Public housing in Australia, also referred to as "housing commission", is managed by the states, with funding provided by both the state and federal ...
Many critics say various intermediaries take a cut of the credit, meaning a significant part of the subsidy does not go to creating new housing stock, and add that the credit can inflate housing ...
The right to housing (occasionally right to shelter [1]) is the economic, social and cultural right to adequate housing and shelter. It is recognized in some national constitutions and in the Universal Declaration of Human Rights and International Covenant on Economic, Social and Cultural Rights . [ 2 ]
We're inundated with data on the housing market every day, and the stock market moves rapidly in either direction depending on the perception of the moment: Are things getting better or are they ...