Housing affordability is a crucial policy objective. Incorporating economic sustainability in affordable housing in the development of the poorest of the poor's housing programs has become a major concern. This paper examines the affordability and economic sustainability of the poorest of the poor affordable housing in Debre Markos city. To address this, this study uses both quantitative and qualitative methods, Using a questionnaire survey, Interviews, field observation, household survey, and Pearson correlation analysis. The findings show that households in the expansion area have lower monthly incomes than in the past, but they are satisfied with the housing quality, rental pricing, and tenure security of their homes. This demonstrates in providing affordable housing for the poorest of the poor the location of the houses must be considered in order to have affordable and economically sustainable development. The findings show that housing is not truly affordable if it is in an inaccessible place with a long commute to work, high transportation expenditures, and land use that is homogeneous. Increasing the supply of affordable housing in accessible locations helps the poorest of the poor achieve multiple planning objectives: it reduces transportation costs, improves incomes, provides infrastructure, and reduces the distance to the work area.
Published in | Urban and Regional Planning (Volume 8, Issue 1) |
DOI | 10.11648/j.urp.20230801.11 |
Page(s) | 1-10 |
Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
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Copyright © The Author(s), 2023. Published by Science Publishing Group |
Housing Affordability, Economic Sustainability, The Poorest of the Poor’s Housing
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APA Style
Michael Menberu. (2023). Affordable Housing and Economic Sustainability: The Case of the Poorest of the Poor Housing in Debre Markos City. Urban and Regional Planning, 8(1), 1-10. https://doi.org/10.11648/j.urp.20230801.11
ACS Style
Michael Menberu. Affordable Housing and Economic Sustainability: The Case of the Poorest of the Poor Housing in Debre Markos City. Urban Reg. Plan. 2023, 8(1), 1-10. doi: 10.11648/j.urp.20230801.11
AMA Style
Michael Menberu. Affordable Housing and Economic Sustainability: The Case of the Poorest of the Poor Housing in Debre Markos City. Urban Reg Plan. 2023;8(1):1-10. doi: 10.11648/j.urp.20230801.11
@article{10.11648/j.urp.20230801.11, author = {Michael Menberu}, title = {Affordable Housing and Economic Sustainability: The Case of the Poorest of the Poor Housing in Debre Markos City}, journal = {Urban and Regional Planning}, volume = {8}, number = {1}, pages = {1-10}, doi = {10.11648/j.urp.20230801.11}, url = {https://doi.org/10.11648/j.urp.20230801.11}, eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.urp.20230801.11}, abstract = {Housing affordability is a crucial policy objective. Incorporating economic sustainability in affordable housing in the development of the poorest of the poor's housing programs has become a major concern. This paper examines the affordability and economic sustainability of the poorest of the poor affordable housing in Debre Markos city. To address this, this study uses both quantitative and qualitative methods, Using a questionnaire survey, Interviews, field observation, household survey, and Pearson correlation analysis. The findings show that households in the expansion area have lower monthly incomes than in the past, but they are satisfied with the housing quality, rental pricing, and tenure security of their homes. This demonstrates in providing affordable housing for the poorest of the poor the location of the houses must be considered in order to have affordable and economically sustainable development. The findings show that housing is not truly affordable if it is in an inaccessible place with a long commute to work, high transportation expenditures, and land use that is homogeneous. Increasing the supply of affordable housing in accessible locations helps the poorest of the poor achieve multiple planning objectives: it reduces transportation costs, improves incomes, provides infrastructure, and reduces the distance to the work area.}, year = {2023} }
TY - JOUR T1 - Affordable Housing and Economic Sustainability: The Case of the Poorest of the Poor Housing in Debre Markos City AU - Michael Menberu Y1 - 2023/02/24 PY - 2023 N1 - https://doi.org/10.11648/j.urp.20230801.11 DO - 10.11648/j.urp.20230801.11 T2 - Urban and Regional Planning JF - Urban and Regional Planning JO - Urban and Regional Planning SP - 1 EP - 10 PB - Science Publishing Group SN - 2575-1697 UR - https://doi.org/10.11648/j.urp.20230801.11 AB - Housing affordability is a crucial policy objective. Incorporating economic sustainability in affordable housing in the development of the poorest of the poor's housing programs has become a major concern. This paper examines the affordability and economic sustainability of the poorest of the poor affordable housing in Debre Markos city. To address this, this study uses both quantitative and qualitative methods, Using a questionnaire survey, Interviews, field observation, household survey, and Pearson correlation analysis. The findings show that households in the expansion area have lower monthly incomes than in the past, but they are satisfied with the housing quality, rental pricing, and tenure security of their homes. This demonstrates in providing affordable housing for the poorest of the poor the location of the houses must be considered in order to have affordable and economically sustainable development. The findings show that housing is not truly affordable if it is in an inaccessible place with a long commute to work, high transportation expenditures, and land use that is homogeneous. Increasing the supply of affordable housing in accessible locations helps the poorest of the poor achieve multiple planning objectives: it reduces transportation costs, improves incomes, provides infrastructure, and reduces the distance to the work area. VL - 8 IS - 1 ER -