IMOECONOMETRICS · RESEARCH & ADVISORY
Housing affordability depends on the relationship between income, housing costs, location and tenure conditions. ImoEconometrics analyses these factors alongside development costs and financing to support development, investment and public policy decisions.
Start with households
A diagnosis identifies target groups, incomes, household composition and location needs. A rent described as affordable should be assessed against the users it is intended to serve and the other costs of occupation.
Connect affordability with feasibility
Affordable prices or rents must be assessed against land, construction, operation, maintenance and financing costs. Financial modelling helps identify the gap between available resources and project costs, distinguishing operating revenue from external support.
Compare coherent alternatives
Options may differ in product, location, phasing, tenure or financing structure. Comparisons should use a consistent horizon, service level and analytical criteria. Social benefits and financial revenue should be presented separately.
Define outcomes and monitoring
Indicators may cover households served, housing cost burdens, costs, delivery schedules and operational sustainability. Each study should state its assumptions and limitations. The objective is to make options comparable and support decisions that can be monitored over time.