Abstract

CAMELO RINCON, MILTON  and  CAMPO ROBLEDO, JACOBO. OPTIMAL HOUSING CONSUMER MODEL: ESTIMATES FOR BOGOTÁ. Rev.fac.cienc.econ. [online]. 2017, vol.25, n.1, pp.105-116. ISSN 0121-6805.  https://doi.org/10.18359/rfce.2655.

This article presents a brief review of the housing sector in Bogota, noting that the policy has focused primarily on boosting demand by granting subsidies and access to mortgage credit. The recent market evolution suggests that the policy made no guarantees for an optimal housing consumption. In this sense, a demand of optimal values theoretical model is proposed and the empirical estimation of these values from an Affordability Survey data held in Bogota in 2005. The results show significant gaps between strata and They suggest that funding levels required for a demand policy may be excessively high. The relevance of a policy that is not necessarily focused on the purchase of housing, but is oriented to the efficient use of the current supply is thus justified.

Keywords : Demand; Social Welfare; Politicy; Housing.

        · abstract in Spanish | Portuguese     · text in Spanish     · Spanish ( pdf )