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--- library:the_future_of_housing_policy_scenarios [2023/07/28 16:43] – table formatting elizabethherfel
+++ library:the_future_of_housing_policy_scenarios [2024/04/17 16:49] (current) – elizabethherfel
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 ======The Future of Housing: Policy Scenarios======
+This report examines scenarios for housing policy and their potential impact on residential investment, real house prices, and housing affordability up to 2050, considering the influence of housing policies, urban mobility, and environmental targets.
 Excerpt from report: \\
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 | Publisher:  |[[encyclopedia:oecd|OECD]]  |
 | Publication date:  |October 8, 2020  |
-| Authors:  |Boris CournÃ¨de, Volker Ziemann, Frederica De Pace  |
+| Authors:  |Boris Cournède; Federica De Pace; Volker Ziemann  |
 | Time horizon:  | 2046 - 2050    |
 | Geographic focus:  |hybrid_developed_world   |
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 =====Methods=====
+The research method involves creating a simulation framework based on demand and supply elasticities for housing markets, considering policy indicators like mortgage interest relief, land-use governance, and rent control. It uses data on population, disposable income, interest rates, and inflation from OECD's long-term projections to iterate the model and project future housing market trends.
 Uses modeling and quantitative research to explore scenarios with the purpose of formulating policy solutions for the high cost of housing. Scenarios are different forecasts, based on applying different assumptions to the simulation model.\\
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 =====Key Insights=====
+The research combines estimates of housing supply and prices with projections of population, income, and interest rates to create scenarios for residential investment and real house prices up to 2050. It suggests that without policy changes, housing affordability could worsen in many countries. Policy reforms in mortgage interest relief, land-use governance, and rent control could improve affordability. The study also explores the impact of online home-sharing platforms like Airbnb on housing markets and discusses the implications of urban mobility and decarbonization efforts on housing.
 Drivers mentioned include: