In this paper by means of a simple system dynamics model, we analyze the dynamics of housing affordability in the context of real estate market of Iran. To do this we define an affordability index according to Iran's economic situation and show that in the absence of effective financial infrastructures, this index declines over time. To confront this problem, we analyze supply-side and demand-side housing policies. Moving into industrial methods of construction and increasing the volume of the construction loans are among supply-side housing policies. Also focusing on macroeconomic policies to reduce economic fluctuations and risk of investments in other markets is among demand-side housing policies.

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Date created

• 2010 July 25-2010 July 29

Type

• Document

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• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

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• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
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ITEM CONTEXT

Part of

17bfad39e1d09bfe17f82d7ae001449f

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Part of

23d738ba88f8333bc39725f9cb5bd0b8

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Part of

516b485dacfb3c26da448243f0948912

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Collection

System Dynamic Society Records

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Collecting area

• This collection is part of the University Archives