Government Intervention in Honolulu's Housing Marketing: The Housing Finance and Development Corporation (HFDC)

Date
2014-01-15
Authors
Lau, Clement
Contributor
Advisor
Department
Economics
Instructor
Depositor
Speaker
Researcher
Consultant
Interviewer
Annotator
Journal Title
Journal ISSN
Volume Title
Publisher
University of Hawaii at Manoa
Volume
Number/Issue
Starting Page
Ending Page
Alternative Title
Abstract
ffordable housing is defined as housing available for rental or purchase to low- or moderate-income families at 30 percent of their gross income (White, 1992, p. 2). In Honolulu, the lack of such housing is commonly recognized as a major problem. There are two dimensions to the issue of housing unaffordability. First is housing costs in general. The cost of housing in Honolulu is significantly higher than in most US cities. In the 1997 Leventhal Real Estate Group Study1, Honolulu is rated the fourth costliest housing market in the nation, behind only San Francisco, New York and Los Angeles (Daysog, p. B-1). The second dimension is the availability of housing for needy populations, especially low- income renters and first-time homebuyers. According to a 1992 housing study, low- and moderate-income households, defined as those earning below 80 percent of the state's median income, have the greatest unmet housing demand amongst households in Hawaii (Higa, 1996,p. 19).
Description
Keywords
Citation
Extent
42 pages
Format
Geographic Location
Time Period
Related To
Table of Contents
Rights
All UHM Honors Projects are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission from the copyright owner.
Rights Holder
Local Contexts
Email libraryada-l@lists.hawaii.edu if you need this content in ADA-compliant format.