A study of complexity sources
on housing affordability (HA) in Housing Studies
JOSEPH KIM-KEUNG HO
Independent Trainer
Hong Kong, China
Dated: February
5, 2016
Abstract:
In Housing Studies, housing affordability (HA) is a
key concept. This is especially relevant to Housing Studies in Hong Kong as the
city has long been reported to have the worst housing affordability status in
the world. This paper examines the sources of complexity of the housing
affordability notion and concerns based on literature review, newspaper
articles study and a Facebook questionnaire survey. It argues for the
methodological relevance of using the systems-based Housing Imagination
evaluation framework of Ho (2014a) to examine complex Housing Studies topics
such as housing affordability. Indeed, housing affordability is conceptually
complex and housing affordability concerns in the real world are very often
also intricate.
Key
words: Facebook-based
questionnaire survey; Housing affordability; Newspaper articles study; The
systems-based Housing Imagination evaluation framework; The System Complexity
model
An earlier
version of the paper appears in the journal of European Academic Research as: Ho, J.K.K. 2015. “An
examination of the sources of complexity on housing affordability (HA) as a
concept and concerns in Housing Studies” European
Academic Research 2(10) January: 13128-13152.
Introduction
In Housing Studies, housing affordability (HA) is a
key topic of study, see, for example, Balchin and Rhoden (2002: chapter 11). Typically,
the HA topic examines (i) effects of house price/earnings ratios and house
price/income ratios, (ii) affordability among people of different profiles and
(iii) ways of increasing affordability (Balchin and Rhoden, 2002) and (iv) the
reasons for high housing prices (Lau and Li, 2006). Two concepts appear
fundamental, i.e., housing affordability
and affordable housing. The former is
about people’s housing concerns while the latter is more on housing solutions
and products. Both concepts deal with the core attribute of affordability. For Stone, Burke and
Ralston (2011), there are three main questions in housing affordability study:
(i) affordable to whom?, (ii) on what standard of affordability?, and (iii) for
how long? In Hong Kong, where the writer lives, it has long been reported to
have the least housing affordability status in the world, e.g., Liu (2014) and
Holliday (2014). Thus housing affordability is described as a big issue (Lam,
2012) or the Number 1 priority (South
China Morning Post, 2014) in the city. Out of both teaching and research
interest, the writer makes an attempt to uncover the complexity sources of the
housing affordability notion and concerns via literature review, newspaper
articles study and a Facebook-based questionnaire survey. It then argues for
the relevance of using the systems-based Housing Imagination evaluation
framework of Ho (2014a) to study housing affordability concerns.
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