How do housing projects contribute to economic development and reduce poverty in urban areas?
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Housing projects play a crucial role in economic development and poverty reduction in urban areas. They contribute to economic growth by stimulating employment, generating demand for materials and services, and boosting output . Additionally, improved housing enhances the standard of living for residents, indirectly benefiting individuals through better health and living conditions . Furthermore, the location of residential properties in relation to poverty-stricken areas impacts property prices, highlighting the importance of housing in addressing social inequalities . Housing improvement projects have been shown to significantly reduce poverty, with factors such as housing locality, cost, tenure, and quality playing key roles in poverty reduction efforts . By understanding housing as a multifaceted urbanism concept, housing policies can effectively contribute to reducing multiple inequalities and fostering inclusive growth in urban settings .
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| Papers (5) | Insight |
|---|---|
Open access•Posted Content 2 Citations | Housing projects contribute to economic development by creating employment, boosting demand for materials/services, and improving living standards, indirectly reducing poverty through better health and increased employment opportunities. |
Open access•Dissertation 28 Sep 2017 27 Citations | Housing projects, viewed as urbanism, can reduce urban inequalities by addressing multiple dimensions of poverty through economic, social, and political interventions, as seen in post-2006 programs in Puente Alto, Chile. |
| Housing projects impact economic development by influencing housing prices based on location in poverty areas, potentially reducing poverty and shaping sustainable urban spatial development. | |
Open access•Journal Article 4 Citations | Housing improvement projects positively impact poverty reduction by enhancing housing quality, locality, cost, and tenure, thus contributing to economic development in urban areas. |
5 Citations | Urban housing projects can enhance economic sustainability by optimizing urban form, land use, and transportation, leading to reduced costs, increased profits, and improved social, environmental, and cultural aspects. |
Related Questions
How development of housing property contribute to positive effect of infrastructure?5 answersThe development of housing properties contributes positively to the effect of infrastructure by enhancing the sustainability and value of residential buildings. Adequate provision of infrastructure, such as water, electricity, access roads, security services, and other facilities, significantly influences the rental values of residential properties. The presence of essential infrastructure not only attracts tenants but also increases the overall satisfaction levels of occupants. Additionally, the availability of relevant infrastructure is crucial for driving economic development within a community, ultimately leading to improved quality of life and increased income generation from property development. Therefore, integrating infrastructure development with housing projects is essential for creating sustainable and valuable residential properties in developing countries.
Why housing is important?5 answersHousing is important because it has a significant impact on various aspects of people's lives. Adequate housing is considered a basic human right and is essential for the well-being of individuals and families. Housing is a social determinant of health, and disparities in housing can contribute to cardiovascular disease and overall health disparities. Housing also plays a crucial role in people's participation in society and contact with others. Moreover, housing characteristics can influence decisions to start businesses or become self-employed, with different housing types facilitating or hindering entrepreneurship. Additionally, housing is recognized as a key determinant of overall health, and efforts have been made to promote healthy homes and reduce housing-related health hazards.
What is the impact of urbanisation on housing pattern?5 answersUrbanization has a significant impact on housing patterns. The rapid urbanization and demographic changes are leading to a growing diversity of household types and demands, resulting in rising house prices, affordable housing shortages, and inflexible housing stock. Peri-urbanization, which is a result of urbanization, leads to spatial expansion and increased housing development, but also brings about environmental and socio-cultural challenges that negatively affect the quality of living. Urbanization and migration from rural areas have resulted in gross housing shortages, increased housing rent, and high land value in Nigerian cities, leading to the emergence of squatter settlements and inadequate infrastructure. The consequences of urbanization include unplanned urban sprawl, environmental pollution, deficiencies in basic facilities, and urban decay. Urbanization also has an impact on housing prices, with the elasticity of housing price increasing as urbanization progresses.
What are the key factors that affect the success of housing projects?5 answersThe key factors that affect the success of housing projects include competencies, team qualities, and collaborative practices of the project team. Early contractor involvement and effective construction planning and management are also important factors. Other factors that contribute to project success include macro factors related to the owner and micro factors related to the construction domain. Factors related to the project, project manager and team, organization, and the external environment also play a role in project success. Additionally, factors such as applied methods, individuals in projects, and organizational context can impact project outcomes. The successful completion of housing projects is of great significance in developing countries, and factors such as institutional mechanisms, reconstruction strategies, project implementation, and stakeholder management contribute to project success in post-disaster reconstruction contexts.
What are the reasons for public housing projects?5 answersPublic housing projects emerged as a progressive effort to address the issues of dilapidated housing and provide decent, safe, and affordable housing for the working poor. However, the design and construction standards of these projects often neglected accessibility criteria, leading to a loss of their main purpose of satisfying the needs of citizens with low incomes. Despite the negative stereotypes associated with public housing, studies have shown that living in projects is not necessarily detrimental to children and can even have positive effects on housing quality and educational attainment. Over the years, public housing strategies have evolved from high-rise buildings with small units to mixed-income apartment buildings that prioritize architectural soundness, maintenance, and access to services. While public housing has been a controversial program, proponents argue that it provides necessary housing for low-income families, while opponents highlight the potential for dangerous and unhealthy living conditions.
What are the reasons for housing projects?5 answersHousing projects are driven by various factors. One reason is the need to address global socio-spatial challenges such as urban equity, vulnerability, and resiliency, which have made housing a local, national, and global concern. Another reason is the analysis of market opportunities by developers, although other circumstances like the availability of land, financing conditions, and land regulation also play a significant role. Additionally, the provision of adequate and affordable housing for low-income families is a priority for local governments, who aim to implement strategies that focus on permanent or semi-permanent residences with access to services. The macroeconomic perspective is also crucial in understanding housing expenditures and resource constraints on the economy. Furthermore, housing conditions have a direct impact on health and well-being, making housing projects an opportunity for health gain and improved equity.