Housing demand refers to the willingness and ability to purchase a house.
Housing need refers to the number of houses required, given growth in households, itself derived from household size and population grow in that particular Area.
Essentially housing need is a number, derived from population and household size projections, that makes no allowance for affordability. If those who need houses are unable to afford houses, they don’t buy or demand them
Housing demand refers to the desire or willingness of individuals or households to pay for a particular type of housing, based on their preferences, income level, and other factors. Housing demand can be affected by a range of factors, including population growth, changes in household size and composition, economic trends, and demographic shifts. It is typically measured through surveys, market analyses, or other methods that examine the relationship between housing prices, availability, and other factors.
On the other hand, housing need refers to the objective requirement for housing that is necessary to meet the basic needs of individuals and households. Housing need is typically measured by comparing the number of households to the number of available housing units in a particular area, and taking into account factors such as overcrowding, homelessness, or substandard living conditions. Housing need is often used by governments and housing advocates to identify areas where there is a shortage of affordable or adequate housing, and to develop policies or programs to address these needs.
While housing demand and housing need are related, they are not always aligned. For example, a high level of housing demand in a particular area may not necessarily indicate that there is an unmet housing need, if there are already enough housing units available to meet the needs of the existing population. Conversely, a high level of housing need in an area may not necessarily translate into high demand for housing if the population does not have the financial means to pay for it.
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- Housing needs assessment
- Urban Housing In India: An Analytical Approach To Quality Of Living
- Constraints to the Development of Housing
- National Housing Policy
- Housing Shortage
- Proposed Methodology for low income affordable housing
- Objectives of planning regulations for low income affordable housing
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