Housing Finance Flashcards
What socioeconomic factor affects the type of house based on family size?
The size of the family, both now and in the future.
How does the stage of family life influence housing choices?
Different stages, such as having young kids or teens, affect housing needs.
What is the impact of location on housing costs?
Houses close to amenities in urban areas typically have a high cost.
What consideration is there for family members with special needs?
Housing must accommodate family members with special needs, such as wheelchair access.
What is a trend in urban housing?
There is an increase in apartments in the city.
What is happening with inner city areas?
There is redevelopment of old areas into new ones.
What type of housing is being built on privately owned sites?
One-off houses designed to individual specifications.
What trend is observed in suburban housing?
Larger houses are being built in the suburbs with commuting to work.
What is a key aspect of national housing policy regarding living density?
High density living is promoted through apartments.
What is meant by sustainable communities in housing policy?
Communities supported by schools, shops, and transport are part of planning infrastructure.
What is the housing assistance payment?
It is a form of support provided to assist with housing costs.
What is required for private rental accommodation?
Registration of private rental accommodation with the PRTB is necessary.
