Living and Working in Paradise : Why Housing Is Too Expensive and What Communities Can Do about It

by Hettinger, William S.

• ISBN13: 9780975502600
• ISBN10: 0975502603
• Format: Paperback
• Copyright: 2005-01-30
• Publisher: Thames River Pub

Summary

Housing affordability is a pressing problem facing many communities today. Have housing markets failed? Are there solutions? Presented here are the causes of housing market failure using the case study of four of the world’s most expensive tourism communities to explain how housing becomes unaffordable, as well as the actions a community must take when a housing crisis occurs, and the keys to designing and implementing effective affordable housing strategies. Original.

Table of Contents

About the Author	11	(2)
Acknowledgments	13	(2)
Introduction	15	(4)
Part 1 Discoveries	19	(64)
1 Community Housing Choices	21	(12)
Selection of Communities Studied	22	(1)
Market Failure Analysis	23	(2)
Housing Intervention	25	(1)
Effect of Interventions	26	(1)
Programs	27	(3)
Summary of Research Findings	30	(1)
Revised Intervention Model	30	(3)
2 The Community Evaluation and Intervention Process	33	(26)
Community Evaluation	34	(1)
Indicator Evaluation	34	(1)
Evaluation Phase	35	(15)
Housing Indicators	36	(7)
Economic Indicators	43	(3)
Community Quality Indicators	46	(1)
Demographic Indicators	47	(1)
Macro and Micro Trends	48	(2)
Qualitative Evaluation	50	(6)
Regulatory Constraints	50	(3)
Topographic Constraints	53	(1)
Political Will	54	(1)
Community Will	55	(1)
Housing Market Evaluation	56	(3)
3 Community Intervention	59	(10)
Creating a Housing Vision	59	(1)
Intervention Phase	60	(9)
Defining Housing Goals	62	(1)
Analyzing Resources and Resource Gaps	63	(2)
Identifying Necessary Actions	65	(1)
Pinpointing Critical Success Factors	65	(1)
Devising a Housing Intervention Plan	65	(2)
Implementing Housing Interventions	67	(2)
4 Community Monitoring	69	(6)
New Externalities	70	(1)
Changes in Local Resources	70	(2)
Monitoring Phase	72	(3)
Changes in Other Resources	72	(1)
Changes in Local Needs	72	(1)
Diminished Intervention Effectiveness	73	(1)
Summary	74	(1)
5 Lessons For The Housing Practitioner	75	(8)
Critical Success Factors	75	(4)
Political and Community Will	75	(1)
Vision and Plan	76	(1)
Buy-In	76	(1)
Funding	77	(1)
Land	78	(1)
Organizational Capacity	78	(1)
Policy Implications	79	(4)
Part 2 Theoretical Foundations	83	(26)
6 Housing Market Economics	85	(14)
The Theory of Market Failure	85	(4)
The Classical Argument	85	(1)
The Case for Market Failure	86	(3)
Market Failure and Housing	89	(6)
Regulatory Externalities	91	(2)
Topographical Constraints	93	(1)
The Second-Home Externality	94	(1)
Determining If Market Failure Exists	95	(4)
7 When Market Failure Occurs	99	(10)
Community Housing Crisis	99	(5)
Second-Home Demand	100	(1)
Land-Use and Zoning Regulations	101	(1)
Growth-Management Regulations	102	(2)
Environmental and Topographical Constraints	104	(1)
Housing Intervention	104	(7)
Theory	104	(1)
A History of Intervention	105	(2)
Housing and the Tourism Worker	107	(1)
The Need for Intervention	108	(1)
Part 3 Community Case Studies	109	(74)
8 Aspen, Colorado: A Pioneer in Resident Housing	111	(18)
Aspen Research	113	(1)
Tourism	114	(2)
Housing Market Failure Analysis	116	(4)
Housing Market	116	(4)
Summary	120	(1)
Housing Intervention	120	(4)
Motivation for Intervention	120	(1)
Effect of Intervention	121	(2)
Programs	123	(1)
Summary	124	(1)
Community Concerns	124	(2)
Summary of Research Findings	126	(3)
9 Whistler, British Columbia: Planning for a Solution	129	(20)
Whistler Research	131	(1)
Tourism	132	(1)
Housing Market Failure Analysis	133	(5)
Housing Market	134	(4)
Housing Intervention	138	(6)
Motivation for Intervention	139	(1)
Effect of intervention	140	(2)
Programs	142	(2)
Summary	144	(1)
Community Concerns	144	(2)
Summary of Research Findings	146	(3)
10 Martha's Vineyard, Massachusetts: Leveraging Local Assets	149	(18)
Martha's Vineyard Research	151	(1)
Tourism	152	(3)
Housing Market Failure Analysis	155	(4)
Housing Market	155	(3)
Summary	158	(1)
Housing Intervention	159	(6)
Motivation for Intervention	159	(1)
Effect of Intervention	160	(1)
Programs	161	(3)
Summary	164	(1)
Community Concerns	165	(1)
Summary of Research Findings	166	(1)
11 Provincetown, Massachusetts: A Community at the Crossroads	167	(16)
Provincetown Research	169	(1)
Tourism	169	(3)
Housing Market Failure Analysis	172	(1)
Housing Market	172	(2)
Summary	174	(2)
Housing Intervention	176	(4)
Motivation for Intervention	176	(1)
Effect of Intervention	177	(1)
Programs	178	(1)
Summary	179	(1)
Community Concerns	180	(1)
Summary of Research Findings	181	(2)
Appendix: Research Method and Data Collection	183	(8)
The Case Study Research Method	183	(2)
Case Site Selection	185	(2)
Data Techniques	187	(2)
Data Analysis	189	(2)
Glossary	191	(2)
References	193	(8)
Index	201