000			01303pab a2200181 454500
008			180718b1995 xxu||||| |||| 00| 0 eng d
100			_aShin, Roy W.
245			_aThe private provision of capital for public housing development _ba cost-benefit study of the Seoul housing project.
260			_c1995
300			_ap.53-73
362			_aFeb
520			_a"The study analyses the programme impact of a strategic decision to privatize public housing development. It provides theoretical insights and assesses the `filtering' (trickle down) theory of housing development underpinning this strategy. Analysis of distributional effects ensuing from the project demonstrates that developmental benefits (additional supply of housing) have simply filled the demand of those who can cater to the forces of the marketplace. Furthermore, macroeconomic determinants, acute shortages and distributional problems in the housing market that typically characterize urban centres in developing countries counteract that filtering process. The consequences of this privatization strategy point to potential costs and benefits of future policy options"
650			_aCost effectiveness
650			_aHousing - Korea, South
650			_aHousing
773			_aPublic Administration and Development
909			_a30657
999			_c30657 _d30657