LIVING AND WORKING IN PARADISE

Why Housing Is Too Expensive and What Communities Can Do About It


by William S. Hettinger

Affordable housing is a pressing problem that challenges communities today. Populations grow, but the supply of land remains fixed. Housing prices rise faster than incomes. Even middle-class folks can't afford to live in many communities any more. Cities and towns worldwide face a growing housing crisis.

Living and Working in Paradise: Why Housing is Too Expensive and What Communities Can Do About It delves into the theories of economics and housing and identifies housing market externalities growth management regulations, exclusionary zoning and land-use regulations, and second-home demand as the causes of housing market failure and the growing community housing crisis.

As a means of addressing a community housing crisis, Living and Working in Paradise presents the Community Evaluation and Intervention Process, a systematic methodology for examining and evaluating the housing market in a community for the existence of market failure or for the factors and conditions that have been shown to lead to market failure, and for developing a vision, strategy, and plan for community intervention to address market failure and provide housing for community residents.

As proof that communities can act to address market failure, the book presents the in-depth case study of four tourism communities, each experiencing housing market failure, who have effectively evaluated their housing market and intervened to address a housing crisis. Drawn from these cases are a series of lessons for the housing practitioner, the critical success factors and other keys to the development and implementation of an effective housing intervention.

ISBN 9780975502600
205 pages
Paperback
$21.95

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