Housing needs, choice and responsibility as three concepts to understand the role of housing markets and government intervention in Israel

Research Papers in Economics and Finance

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Field Value
 
Title Housing needs, choice and responsibility as three concepts to understand the role of housing markets and government intervention in Israel
 
Creator Perez, Avi
 
Subject government intervention
housing needs
housing policy
choice
need
responsibility
 
Description In this paper, the concepts of need, choice, and responsibility in the context of the Israeli housing market are explored and analysed. These concepts are significant for the understanding of the interaction between households and government intervention on both private and public housing markets. The following question is formulated: Should the government identify the housing needs and intervene in the free market? And if so, to what degree?
In previous years, by adopting the privatization policy, the Israeli government has limited its involvement in the free housing market as well as in public housing. As a result, housing prices have increased significantly since the 2008 subprime crisis. These changes have forced the government to redefine the housing needs and government intervention while maintaining the freedoms and households’ abilities to make their own choices. The author of the article concludes that the government should limit its intervention and allow individuals to define their own needs, to ensure a genuine freedom of choice, and to express the responsibility that comes with it.
 
Publisher Faculty of Economics, Poznań University of Economics and Business
 
Date 2017-09-08
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://ref.ue.poznan.pl/index.php/REF/article/view/65
10.18559/ref.2017.3.1
 
Source Research Papers in Economics and Finance; Vol 2 No 3; 7-13
2543-6430
 
Language eng
 
Relation http://ref.ue.poznan.pl/index.php/REF/article/view/65/23
 
Rights Copyright (c) 2017 Avi Perez
https://creativecommons.org/licenses/by-nc/4.0
 

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