Housing Supply vs. Affordability: Who can afford the Private Housing Schemes in Aden (Yemen)?. | ||||
| MEJ- Mansoura Engineering Journal | ||||
| Article 3, Volume 37, Issue 1, March 2012, Page 27-35 PDF (341.66 K) | ||||
| Document Type: Research Studies | ||||
| DOI: 10.21608/bfemu.2020.119183 | ||||
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| Author | ||||
| Abdullah Al-Abed* | ||||
| Associate Professor., Architectural Engineering Department., Faculty of Engineering., Sana'a University., Sana'a (Yemen) | ||||
| Abstract | ||||
| Since the early 1990s, the housing affordability issue has been the main concern of the majority of the urban sector in Aden . The urban sector before unification were benefited from the welfare housing system and paid only nominal rents . They were unaccustomed to home purchase . After unification in 1990 . however , the government decided to terminate the previous welfare housing allocation system . Housing supply , therefore was dominated by the private sector . The urban sector was forced to enter the market for housing service provision . There is a changing housing price-to-income ratio ( PIR ) since 1990 . The rapid increase of house prices has eroded the capability for homeownership . As a result , affordable private housing have experienced higher demand pressure . Without additional residential supply , demand will pull the price up and , therefore , reduce the amount of affordable accommodation . This paper will discuss : The current housing situation regarding housing policy evolution in Aden . Housing affordability definition and housing affordability barriers by reference to current literature. A model of housing affordability will be set to examine the affordability of housing schemes provided by private housing developers In this paper , it is not attempted to present a prescription for problem remedy . Nonetheless, identification and developing under standing of the affordable informing policy and practice | ||||
| Keywords | ||||
| Housing supply; housing affordability; housing policy . Private housing developers | ||||
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