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Nov 9, 2017
Housing Affordability of Graduates from Different Universities in Guangzhou
Authors: Fan Wu [email protected], Linghin Li [email protected], and Mingjie Dai [email protected]Author Affiliations
Publication: ICCREM 2017
Abstract
Analyzing the residents’ housing affordability is the premise to make appropriate housing policies, release the housing needs of low-income groups continuously, and promote economic growth. Housing security policy often ignored new university graduates, an urban sandwich generation, who could not afford the housing by their slender incomes. In this paper, university graduates’ housing affordability is evaluated by residual income affordability (RIA). This study finds that university graduates, the dominant force of urban development, have weak housing affordability and should be paid more attention by the society. This paper also finds that housing affordability among young university graduates in Guangzhou is largely dependent on salary growth in the market, while the salary level is largely dependent on the university level.
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Published In
ICCREM 2017
Pages: 305 - 313
Copyright
© 2017 American Society of Civil Engineers.
History
Published online: Nov 9, 2017
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Authors
Affiliations
Lecturer, Dept. of Construction Management, South China Univ. of Technology, Guangzhou 510641, China. E-mail: [email protected]
Associate Professor, Dept. of Real Estate and Construction, Univ. of Hong Kong, Hong Kong 999077, China. E-mail: [email protected]
Undergraduate, Dept. of Construction Management, South China Univ. of Technology, Guangzhou 510641, China. E-mail: [email protected]
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Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.