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Housing Markets and Policy Design in the Gulf Region-Index

Page 1

Edited by David A. Smith and Angus Freeman

Housing Markets and Policy Design in the Gulf Region

Gulf Research Centre Cambridge

© Gulf Research Centre Cambridge 2014

Jeddah

Cambridge

All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of the Gulf Research Centre Cambridge.

Gulf Research Center 49,FoundationAvenue Blanc CH-1202 SwitzerlandGeneva

The opinions expressed in this publication are those of the authors alone and do not necessarily state or reflect the opinions or position of the Gulf Research Centre Cambridge.

Gulf Research Centre CentreCambridgeofIslamic Studies University of Cambridge Sidgwick CambridgeAvenueCB39DA, UK

ISBN: 978-1-909864-04-7

Gulf Research Center

E-mail: Website:info@grc.netwww.grc.net

Geneva

First published 2014 Gulf Research Centre Cambridge

Gulf Research Center 19 Rayat Al-Itehad St. P.O. Box 2134 Jeddah Kingdom21451ofSaudi Arabia

By publishing this volume, the Gulf Research Center (GRC) seeks to contribute to the enrichment of the reader’s knowledge out of the Center’s strong conviction that ‘knowledge is for all.’

Dr. Abdulaziz O. Sager GulfChairmanResearch Center

The Gulf Research Center (GRC) is an independent research institute founded in July 2000 by Dr. Abdulaziz Sager, a Saudi businessman, who realized, in a world of rapid political, social and economic change, the importance of pursuing politically neutral and academically sound research about the Gulf region and disseminating the knowledge obtained as widely as possible. The Center is a non-partisan think-tank, education service provider and consultancy specializing in the Gulf region. The GRC seeks to provide a better understanding of the challenges and prospects of the Gulf region.

About the Gulf Research Center

Contents1.HousingMarkets

and Policy Design in the Gulf Region: Overture .......... 11 David A. Smith

4. Housing and Real Estate Finance in MENA Countries............................ 83 Olivier Hassler

3. Financing Affordable Housing: Tools Available to Government 49 David A. Smith

7. A State Housing Bank as a Change Agent ...............................................173 Sabah Al-Moayyed

8. The Evolving Role of Housing Agencies: A Case Study of the Mohammad bin Rashid Housing Establishment 183 Mohamad Humaid Al-Marri and Maysa Sabah Shocair the Contributors

2. Housing Affordability – A Key to Social Cohesion in the Arabian Gulf ... 19 Angus Freeman

5. Evaluation of Government Housing Policies in the Gulf Region ............. 109 Maha Ismail Mahmoud

6. Regional Best Practices for Affordable Housing 149 Christopher Sims

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