Factors Affecting Housing Affordability in U.S. Local Government : Hierarchical Linear Modeling Regarding the Political Economy Perspective

다국어 초록 (Multilingual 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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