http://hdl.handle.net/2440/72211 2021-02-25T17:45:18Z 2021-02-25T17:45:18Z Stephens, M. Leishman, C. http://hdl.handle.net/2440/117059 2019-04-24T09:15:32Z 2017-01-01T00:00:00Z

Title: Housing and poverty: a longitudinal analysis Author: Stephens, M.; Leishman, C. Abstract: Cross-sectional research suggests that the British housing system weakens the link between income poverty and housing outcomes, but this reveals little about the long-term relationships. We examine the relationship between income poverty and housing pathways over an 18-year period to 2008, and develop consensual approaches to poverty estimation, housing deprivation, and the prevalence of under and over-consumption. We find that chronic poverty is most strongly associated with housing pathways founded in social renting, whereas housing pathways founded in owner-occupation are more strongly associated with temporary poverty. Whilst housing deprivation is disproportionately prevalent among those who experienced chronic poverty, the overwhelming majority of people who experienced chronic poverty avoided housing deprivation. This evidence supports of the notion that the housing system, during this period, weakened the link between poverty and housing deprivation. Therefore it can be characterised as representing a ‘sector regime’ with different distributional tendencies from the wider welfare regime.

2017-01-01T00:00:00Z Leishman, C. Watkins, C. http://hdl.handle.net/2440/114512 2019-06-21T12:15:57Z 2017-01-01T00:00:00Z

Title: Assessing the spatial impact of policy interventions on real-estate values: an exemplar of the use of the hybrid hedonic/repeat-sales method Author: Leishman, C.; Watkins, C. Abstract: This paper sets out to make a contribution to the extensive literature that seeks to develop methods that allow rigorous and robust analysis of the spatial and temporal impacts of public policy interventions on property (real-estate) values. It argues that the hybrid repeat-sales/hedonic method developed in realestate studies over the last 30 years has considerable, but as yet under-developed, potential as a policy analysis tool. Using data from Glasgow, UK, the empirical analysis illustrates how the technique can be used to understand the spatial spillovers and the dynamic temporal effects of a historic £100 million state-led, area-based, urban-renewal programme, New Life for Urban Scotland. The paper concludes by arguing that, with the rise in the availability of rich geocoded, micro-datasets, this framework is sufficiently flexible to be used to evaluate the real-estate market impacts of a wide range of public policy interventions. Significantly, as the case study demonstrates, the framework overcomes some of the sustained criticisms of the more commonly used hedonic modelling approach. There is, however, still much to do to enhance the technical qualities of the models through further application.

2017-01-01T00:00:00Z Leishman, C. http://hdl.handle.net/2440/114511 2019-10-02T08:18:49Z 2015-01-01T00:00:00Z

Title: Housing supply and suppliers: are the microeconomics of housing developers important? Author: Leishman, C. Abstract: In this paper, I review the US, UK and international literature on the responsiveness of housing supply to demand. This is a well-developed area of the literature, but I put forward two new arguments: that developers face downward sloping demand curves in the housing market, and that housing developers as firms are sufficiently heterogenous that their output decisions cannot be generalised. I draw on the international literature but use the recent UK experience as a lens, arguing that the post Barker review planning policy and housing supply reforms did not yield as much additional housing supply as had been hoped and expected by policy markets and the housing development industry itself. After introducing two specific propositions, I present new statistical estimates that are at least highly suggestive that firm-specific factors are of importance in understanding supply responsiveness. Description: This special issue of Housing Studies features six papers that were originally presented in September, 2012, at the New School in New York City at a conference titled "After the Crisis: Housing Policy and Finance in the U.S. and the U.K." sponsored by the Housing Studies Charitable Trust and the Rockefeller Foundation, the conference brought together scholars and practitioners from the US and the UK to discuss several topics involving housing finance, homeownership and low-income housing subsidies.

2015-01-01T00:00:00Z Leishman, C. http://hdl.handle.net/2440/114510 2019-06-25T06:15:15Z 2017-01-01T00:00:00Z

Title: Is Australian housing supply adequate? Author: Leishman, C. Editor: Yates, J. Abstract: This chapter looks at the trends in the costs of acquiring land and building on it; the impact of regulation on land availability; and changes in the composition of the housing stock. It questions whether the housing system is designed to add new housing to the market at a slower rate than it's needed, in order to make the housing development and construction market viable. Description: Is Australian housing supply adequate?, ch. 2 in Research Report, Housing Australia 2017

2017-01-01T00:00:00Z