Housing shortages or inadequacies may be viewed as a problem of resource allocation. The goal of providing basic shelter to society has been espoused by governmental bodies at every level, and with the acceptance of the goal have come numerous governmental programs and budgeted funds. Thus, in an economic sense, a supply of basic shelter exists. On the other hand, there are well-known, and well-documented housing needs. And though these needs may not be represented as effective demand in the private market, they are nevertheless recognized. There is then a “supply” and “demand” situation which exists in society’s effort to “limit the domain of inequality” in housing.
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Edited By | Saba Bilquis |