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Rent Subsidy Policy Impacts Householder Behavior

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Rent Subsidy Policy Impacts Householder Behavior

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Description

Can rent subsidies assistance social behavioral factor influence the country's householders' housing needs in society? Why and how will the impact of social information factor influence on willingness to householders to pay rent in the country? The housing rent decisions will be determined by objective factors as well as housing market renting decision will be depended by future housing consumption desire beneficial influence as well as it is relative to current housing investment and consumption. If the householder expected or predicted future housing choice to pay rent to live because he / she feels future housing price will fall down in possible.Hence, if the country's government can provide rent subsidiaries assistance to its householders. Also is the country has many householders feel the housing price will be fall down within five years for example. Then, it will be possible encourage that many householders choose to pay rent to live within five years. So, they country government's tent subsidiaries assistance will encourage the country's renting house market to be grown up rapidly within five years. It means that the social expectancy factor will have indirect influence to impact household housing buyers or renters' housing consumption behaviors.However, in addition, the above householder expected or predicted future housing choice social information factor influence, other social factor influences can also influence housing activity, they include such as: When conditions are favorable in terms of house price, property taxes, fiscal incentives etc. factors. These social factors will impact how many household property consumers how to make house renting or buying decisions. SO, property buyers and property sellers both will have incentives to wait for more information about the state of the housing market before deciding to buy or rent house to live. However, the property buyers and sellers have limited information about the real intentions of transacting parties, the probabilities of renting or buying property decision will have possible increase the riskiness of housing decision.A behavioral housing model is constructed which allows that the country householders' housing decisions of owner occupies are the outcome of interactions between objective analysis and subjective behavioral factors ( social factors) of the householder himself / herself decision factor.The social factors, such as objective process of social learning or / and the more subjective influence of social pressure, which will influence the householder's renting or buying house decision when he / she feels have living need in society. For social learning expectations, the impact of uncertainty and judgements about future benefits and costs of housing. So, every householder will usually gather information from social medias to attempt to predict when the country's houses prices will be fallen down or risen up. SO, it explains why some householders who have enough money to buy houses to live, but they choose to rent houses to live in themselves countries. Because their judgements let them to feel that there is possible to reduce housing price in society, e.g. after one year. Hence, this " after one year, the houses prices reducing information or message in society will influence the country's many householders choose to rent houses in the year. Because they feel that it is possible the society's houses prices will be decreased after this year. This " after one year housing prices reducing social information or message factor" will influence the country's many householders choose to rent houses to live in this year. They expect the social houses prices to be fallen down after one year, then they will choose to buy the falling down prices of houses to live.
Release date NZ
December 11th, 2018
Author
Audience
  • General (US: Trade)
Illustrations
Illustrations, black and white
Imprint
Independently Published
Pages
50
Publisher
Independently Published
Dimensions
203x254x3
ISBN-13
9781791536367
Product ID
29022359

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