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Housing providers' insights on the benefits of sustainable affordable housing
Author(s) -
Olanrewaju AbdulLateef,
Tan Seong Yeow,
AbdulAziz AbdulRashid
Publication year - 2018
Publication title -
sustainable development
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.115
H-Index - 64
eISSN - 1099-1719
pISSN - 0968-0802
DOI - 10.1002/sd.1854
Subject(s) - affordable housing , business , questionnaire , housing industry , sustainable development , sustainable community , environmental economics , economic growth , economics , engineering , telecommunications , social science , sociology , political science , law
The present research aims to investigate the insights of housing providers on potential benefits of sustainable affordable housing. Housing providers need certainty on the benefits of sustainable affordable housing for homebuyers. We used a cross‐sectional survey questionnaire consisting of 23 benefits of sustainable affordable housing administered to 121 experts from the housing industry. In total, 82% of the housing professional respondents believed that sustainable affordable housing offered all 23 benefits included in the survey. The first five main benefits were an increase in the comfort of homeowners, the enjoyment of natural ventilation, a reduction in water bills, a reduction in electricity bills and an increase in housing values. An exploratory factor analysis returned 5 components: environmental, energy, social, cost and status. The findings provide insight into the drivers of sustainable affordable housing. A framework for the benefits of sustainable affordable housing was developed. The results will be useful for policy‐makers, developers, place managers, housing associations and academics attempting to increase the supply and demand of sustainable affordable housing.