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Affordability and accessibility of condominium housing in urban Ethiopia using a combined transportation and housing cost (CHT) index model: implication for sustainable urban infrastructure, policy and development.
- Source :
-
International Journal of Urban Sustainable Development . Dec2024, Vol. 16 Issue 1, p459-482. 24p. - Publication Year :
- 2024
-
Abstract
- Condominium housing is a critical housing option, but its affordability measures continue to be debatable. This study examined the mutual effect of housing & transportation monthly expenses on housing location affordability and accessibility, considering three comparable locations- inner-city, intermediate, and outer-city condominium locations in Addis Ababa, Ethiopia. 1152 condominium residents were surveyed to assess urban housing location affordability using the combined H+T affordability index, GIS, one-way ANOVA, and Logit model. Housing affordability is diversified in the city, distance to CBD & transport are significant factor. Outer-city and intermediate neighbourhoods are unaffordable & inaccessible, with 55% and 48% index, respectively. Outer-city residents and lower-incomers face higher financial burdens. Nevertheless, inner-city is affordable & accessible, and residents enjoy better proximity to services. It contributes insights to enhance literature and debates on the model. H+T index provides up-to-date understanding and informs policymaking for innovative, smart, and sustainable, location-sensitive, integrated, and pro-poor policies. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 19463138
- Volume :
- 16
- Issue :
- 1
- Database :
- Academic Search Index
- Journal :
- International Journal of Urban Sustainable Development
- Publication Type :
- Academic Journal
- Accession number :
- 181276973
- Full Text :
- https://doi.org/10.1080/19463138.2024.2429393