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{{livingspaces}}
{{livingspaces}}
{{redirect|Living space|the German foreign policy|Lebensraum|the Isaac Asimov short story|Living Space}}
{{redirect|Living space|the German foreign policy|Lebensraum|the Isaac Asimov short story|Living Space}}
'''Housing''', or more generally '''living spaces''', refers to the [[construction]] and [[housing authority|assigned usage]] of [[house]]s or [[building]]s collectively, for the purpose of [[Shelter (building)|shelter]]ing people — the planning or provision delivered by an [[authority]], with related meanings.<ref>{{Cite OED|housing|id=88956}}</ref> The [[social issue]] is of ensuring that members of society have a [[home]] in which to live, whether this is a [[house]], or some other kind of [[dwelling]], [[lodging]], or [[shelter (building)|shelter]].<ref>Gwendolyn Wright, ''Building the Dream: A Social History of Housing in America'' (MIT press, 1983)</ref> Many governments have one or more [[housing authority|housing authorities]], sometimes also called a housing ministry, or housing department.
'''Housing''', or more generally '''living spaces''', refers to the [[construction]] and [[housing authority|assigned usage]] of [[house]]s or [[building]]s collectively, for the purpose of [[Shelter (building)|shelter]]ing people — the planning or provision delivered by an [[authority]], with related meanings.<ref>{{Cite OED|housing|id=88956}}</ref> Ensuring that members of society have a [[home]] in which to live, whether this is a [[house]], or some other kind of [[dwelling]], [[lodging]], or [[shelter (building)|shelter]], is a [[social issue]].<ref>Gwendolyn Wright, ''Building the Dream: A Social History of Housing in America'' (MIT press, 1983)</ref> Many governments have one or more [[housing authority|housing authorities]], sometimes also called a housing ministry, or housing department.


== Macroeconomy and housing price==
== Macroeconomy and housing price==

Revision as of 21:03, 13 April 2021

Housing, or more generally living spaces, refers to the construction and assigned usage of houses or buildings collectively, for the purpose of sheltering people — the planning or provision delivered by an authority, with related meanings.[1] Ensuring that members of society have a home in which to live, whether this is a house, or some other kind of dwelling, lodging, or shelter, is a social issue.[2] Many governments have one or more housing authorities, sometimes also called a housing ministry, or housing department.

Macroeconomy and housing price

Previous research shows that housing price is affected by the macroeconomy.[citation needed] (2018)'s research showed that 1% increase in the Consumer Price Index leads to a $3,559,715 increase in housing prices and raises the property price per square feet by $119.3387.[citation needed] Money Supply (M2) has a positive relationship with housing prices. As M2 increased by one unit, housing prices rose by 0.0618 in a study conducted in Hong Kong. When there is a 1% increase in the best lending rate, housing prices drop by between $18,237.26 and $28,681.17 in the HAC[which?] model. Mortgage repayments lead to a rise in the discount window base rate. A 1% rise in the rate leads to a $14,314.69 drop in housing prices, and an average selling price drop of $585,335.50. As the US real interest rate increases, the interest rates in Hong Kong must follow, increasing mortgage repayments. When there is a 1% increase in the US real interest rate, the property prices decrease from $9302.845 to $4957.274, and saleable area drops by $4.955206 and $14.01284. When there is a 1% rise in overnight Hong Kong Interbank Offered Rate, the housing prices drop to about 3455.529, and the price per ft2 will drop by $187.3119.[3][need quotation to verify]

Effect on health

Housing is recognized as a social determinant of health. Lack of housing or poor-quality housing can negatively affect an individual's physical and mental health. Housing attributes that negatively affect physical health include dampness, mold, inadequate heating, and overcrowding. Mental health is also affected by inadequate heating, overcrowding, dampness, and mold, as well as lack of personal space.[4] Housing can affect the health of children through exposure to asthma triggers or lead, and through injuries due to structural deficiencies (e.g. lack of window guards or radiator covers).[5]

See also

References

  1. ^ "housing". Oxford English Dictionary (Online ed.). Oxford University Press. (Subscription or participating institution membership required.)
  2. ^ Gwendolyn Wright, Building the Dream: A Social History of Housing in America (MIT press, 1983)
  3. ^ Li, R.Y.M. (2018). "Have Housing Prices Gone with the Smelly Wind? Big Data Analysis on Landfill in Hong Kong". Sustainability. 10 (2): 341. doi:10.3390/su10020341. S2CID 158813714.
  4. ^ Rolfe, Steve; Garnham, Lisa; Godwin, Jon; Anderson, Isobel; Seaman, Pete; Donaldson, Cam (2020). "Housing as a social determinant of health and wellbeing: Developing an empirically-informed realist theoretical framework". BMC Public Health. 20 (1): 1138. doi:10.1186/s12889-020-09224-0. PMC 7370492. PMID 32689966.{{cite journal}}: CS1 maint: unflagged free DOI (link)
  5. ^ Dunn, James R. (2020). "Housing and Healthy Child Development: Known and Potential Impacts of Interventions". Annual Review of Public Health. 41: 381–396. doi:10.1146/annurev-publhealth-040119-094050. PMID 31874071.

The dictionary definition of housing at Wiktionary

  • Media related to Housing at Wikimedia Commons