Title

Towards an optimal public housing policy

Document Type

Journal article

Source Publication

Urban Studies: An International Journal of Research in Urban Studies

Publication Date

6-1-1988

Volume

25

Issue

3

First Page

204

Last Page

211

Abstract

The prevalent practice of public participation in housing is taken as indicating a 'revealed public preference' for better housing for the poor. Assuming that sufficient external benefit exists to justify public housing, this paper attempts to derive analytically the best public housing strategy. The proposed 'conditional bidding' mechanism consists of the free (but not entirely open) market renting or selling of public housing units to eligible target group households only. Market allocation according to the 'conditional equilibrium price' is shown to be more efficient and more equitable than administratively-based allocation schemes.

DOI

10.1080/00420988820080291

Print ISSN

00420980

E-ISSN

1360063X

Publisher Statement

Copyright © 1988 Sage Publications Ltd

Access to external full text or publisher's version may require subscription.

Full-text Version

Publisher’s Version

Recommended Citation

Ho, L. S. (1988). Towards an optimal public housing policy. Urban Studies, 25(3), 204-211. doi: 10.1080/00420988820080291