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Extending ThemselvesUser Initiated Transformations of Government-built Housing in Developing Countries$
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Graham Tipple

Print publication date: 2000

Print ISBN-13: 9780853235040

Published to Liverpool Scholarship Online: June 2013

DOI: 10.5949/UPO9781846313097

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The financial element: transformation as an investment

The financial element: transformation as an investment

(p.60) 4. The financial element: transformation as an investment
Extending Themselves
Liverpool University Press

This chapter examines the issue of income, since housing investment hinges on the financial resources of the households. It discusses whether transformers' households are low income; the income of subsequent households; spending on transformations; house value; house cost; relationship between house value/cost and income; the impact of transformations on housing supply and demand; increases in house cost to income ratios; the concept of filtering; and filtering through transformation.

Keywords:   government-built housing, low-income housing, income, transformation, households, house value

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