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Housing Policy in a Nongrowth Era: Problems of the Northeast United States
Author(s) -
Kristof Frank S.
Publication year - 1977
Publication title -
real estate economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.064
H-Index - 61
eISSN - 1540-6229
pISSN - 1080-8620
DOI - 10.1111/1540-6229.00825
Subject(s) - subsidy , government (linguistics) , population , economics , federal state , scale (ratio) , production (economics) , economic growth , business , economic policy , market economy , geography , macroeconomics , sociology , linguistics , philosophy , demography , cartography
The ambivalent results of the federal government's large‐scale subsidization of low‐ and moderate‐rent housing production in the early 1970s have produced new preoccupations about the directions federal housing programs should take in the light of sharply divergent growth trends among Regions that have become apparent in 1977. As economic and demographic growth in the South and West Regions poses classic problems of adaption to growth, the Northeast and North Central Regions are faced with either nongrowth or decreases in population and employment. This paper discusses adaptions designed to conserve and improve existing housing resources in areas that require only minimal new residential construction. These adaptions include new levels of state‐federal housing coordination to make more intense use of private financing in conjunction with the federal Section 8, Coinsurance, and Section 233(f) programs.