The Korea Spatial Planning Review 2023 KCI Impact Factor : 1.2
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pISSN : 1229-8638
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Factors Affecting Housing Affordability in U.S. Local Government : Hierarchical Linear Modeling Regarding the Political Economy Perspective
- The Korea Spatial Planning Review
- 2009, 61(), pp.41-60
- DOI : 10.15793/kspr.2009.61..003
- Publisher : 국토연구원
- Research Area :
Sang-Chul Park 1, Se-Jin Lee 1, Kim TaeJin 2
1미국 플로리다주립대학교 행정학
2충주대학교
Accredited
ABSTRACT
Affordable housing has been an important concern for local governments in the recent and has become a more pressing issue. Efforts to understand and explain how local governments influence housing affordability have been less than successful because they ignore the fact that cities and unincorporated areas are nested within county government. Empirical models, thus far have not been able to capture this nested structure. This paper extends the political economy of local policy-making to investigate how the configurations of county and sub-county governments shape local housing affordability. Multi-level analysis is applied by estimating a hierarchical linear model. The empirical findings generally confirm the predictors of the political market explanation and reveal county level decisions influence affordability at the local level and that the hierarchical structure is responsive to constituency demands. As predicted, political institution plays a mediating role with relations to constituencies’demand.
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