Essays on Affordable Housing

Chapter III

This chapter will review the background of Real Property Law in the Kingdom of Saudi Arabia. In order to lay the foundation for comparisons in subsequent chapters, the elements of the Saudi judicial system and real property law will be reviewed. The background information pertaining to Saudi Arabia will feature the judicial court system, the property rights and real property ownership. A review of the current mortgage law in Saudi Arabia will be analyzed as well as possible reform to include the application of anti-deficiency laws.

Introduction

Saudi Arabia is governed by a monarchy. Its current legal system under the ...

One north American city has successfully implemented affordable housing initiatives that eradicated homelessness in their area. A small Canadian city situated in the center of Alberta announced in May 2015 that they have ended homelessness in their area. Not only does this city have a remarkable low-income housing system they have exceeded expectations by putting an end to homelessness. Their top notch affordable housing initiative not only made living in Medicine Hat affordable but also ensured that every resident of the city could afford a safe, reasonably maintained place to live. By implementing such a strong system of supports ...

Introduction

There is no particular definition of the term homelessness. However, it can be described in simple terms as the condition where one lacks a home or permanent residence. The National Health Care for the Homeless Council has a wide range of definitions for homelessness (Bahumohl 5). First, it describes the condition as the one in which a person lacks permanent housing and resides in deserted buildings, vehicles, shelters, or lives as a street urchin. The person lives in a temporary transitional housing, single room or shelter. Secondly, it recognizes a homeless person as the one who is in a ...

Part A: A Brawl in Mickey’s Backyard

The primary stakeholders in the SunCal’s plans are the; Employee unions and Disney. The secondary stakeholders will include; the Backers, Affordable housing advocates, the city council the other individuals and groups drawn by the prospect of reducing long commutes and the Save Our Anaheim Resort District group. The unions of employees are representing the Disney employees to ensure that they get affordable rental houses near their place of work. The Affordable Housing advocates are representing the employees; they are the voice of the employees for affordable housing. The other groups and individuals support the idea because it is ...

More people across the country are now at risk of homelessness than ever. Unemployment, disability, housing cost burden, drug addiction and rising cost of living are some of the many current indicators of this problem. As this problem widens so does the rise of illegal camps across major American cities and subsequent legal measures to control their growth. Particularly, Sacramento’s homeless crisis has become increasingly visible over the past one year ever since the city mayor directed the police to prohibit illegal tents. While city officials are within their mandate to control the growth of legal camps, they ...

Austin Community college does not provide accommodation for its students. Individuals who wish to join the college are encouraged to make own housing arrangement. Austin has been facing housing shortages since 2001. Research conducted by BBC research and consulting has established that currently there are sixty thousand renters with low-income, and there are only 12,000 affordable housing units. Based on this data, there is a deficit of 48,000 units needed to at least satisfy the current market demand. Also, statistics from the Mayor’s office indicate that there are over 110 people moving to the city daily. ...

Introduction

The global financial crisis of 2007-2008 changed business and political outcomes in the United States. The desire by the United States government to ensure that its citizens get affordable housing led to a concerted government and business effort that led to the housing bubble and then bust. The new housing policy had its basis in the idea of American exceptionalism. The term "American Exceptionalism," coined by Alexis de Tocqueville in 1831, has historically referred to the perception that the United States differs qualitatively from other developed nations, because of its unique origins, national creed, political philosophy, and religious institutions. ...

Introduction

This report demonstrates how Uno Homes (UH) will respond to their operating environment through the use of PESTLE analysis, which can be used as a basis for future planning and strategic management. Such analysis of the surrounding environment is designed to point out the specific opportunities and threats that will impact the future strategy of UH.

Organisational Profile

Uno Homes are homebuilding specialists, one of several house builders operating in the city of London. Uno is the commercial brand of Uno Homes Group, one of the leading providers of homes in East London that was formed to meet the growing demand ...

Introduction

Housing is an essential need for every human being. Everyone in the society needs a roof over his or her head. Every major city in the world has millions of citizens. Baltimore is not any different; the increase in population because of its popularity has led to some consequences. Moreover, as such homelessness in Baltimore has become a social issue of concern. This paper will examine the lack of affordable housing In Baltimore. It will first start by looking into the existence of the problem of accommodation. Second, it will view the problems as an opportunity and last give ...

Borrowing money in the majority of cases requires the borrower to repay not only the full amount of money, but also the interest on it. Therefore, interest rates determine the cost of borrowing money. The minimum exchange rates are set by state authorities, such as Federal Reserve in the US as the means to control inflation. Therefore, interest rates affect borrowing money for housing as much as any other investment, determining its affordability.

In order to investigate the effect of interest rate on the housing price, let us consider the consequences of increased rates. Firstly, increased interest rates would ...