tag:blogger.com,1999:blog-5043138489010794057.post2372483340203925263..comments2024-03-27T15:57:09.192+05:30Comments on Urbanomics: The challenge with market-driven supply of affordable housingUrbanomicshttp://www.blogger.com/profile/16956198290294771298noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5043138489010794057.post-89170561740342723222014-10-11T09:44:09.323+05:302014-10-11T09:44:09.323+05:30In theory markets can respond to the EWS/LIG housi...In theory markets can respond to the EWS/LIG housing needs if the government can subsidize the land cost. In order for this subsidized land not to be diverted for other lucrative real estate opportunities, the govt needs to stipulate in strictest, enforceable terms the carpet area and amenities available for such housing units making them less attractive to higher income groups. But the possibility of untargeted higher income groups taking interest and bidding up the prices is very likely. For subsidized projects like these to work, the trick is to ensure that the housing needs of all the income segments be addressed concurrently for any arbitration to not exist.Sridharnoreply@blogger.com