2018 EJRNL PP HYUNSANG HA 1.pdf
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Terbatas Perpustakaan Prodi Arsitektur
» ITB
Terbatas Perpustakaan Prodi Arsitektur
» ITB
This study investigates the factors that influence the choice of options
for affordable housing production. It also demonstrates the utility of the
Institutional Collective Action (IAC) framework by identifying how it can
be applied to the choice of options for affordable housing production. The
findings of this study show that the option chosen by a local government for
affordable housing production depends on property value of affordable
housing and the capacity of local government, rather than local
government’s social responsibility and the community’s economic
condition. This study also demonstrates that transaction costs incurred due
to land regulations can substantially influence the adoption of options for
affordable housing production. Finally, one of the important findings is that
networks between regional cooperative agencies and local governments can
promote a rehabilitation option for affordable housing production. This
result suggests that local governments need to actively take advantage of
coordination with regional agencies to successfully promote affordable
housing production.