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Full Summary - Lectures 1 - 9 - Housing And Residential Real Estate (7uux0)
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Full summary for the final exam of lectures 1 - 9 with graphs and figures.
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Lecture 1Housing essence:
• an existential need
• shelter, safety, comfort, privacy, etc.
• a relational need
• place to live together and come together
• a need for self-realization
• a place to reflect a personal identify
According to the Van Dale dictionary ...
...a ‘house’ is defined as
building that serves for people as a place to live or is suitable as such
...a ‘home’ is defined as
house or part of a house in which one lives
A dwelling must meet a number of technical housing requirements:
1. the building intended for residence must be built in such a way that it is suitable for private
residence
2. the building intended for residence must have an own entrance door
3. the building intended for residence contains at least fourteen square meters of space for
living
4. the building intended for residence has a toilet and kitchen
Dwelling unit (e.g., in a student residence)
• part of a building which is permanently meant for residence
• a dwelling unit meets all criteria of a dwelling except for no own kitchen or toilet –these are
shared facilities in the building
Roles:
1.shelter: accommodation and privacy
2.use: the dwelling is a base for in-home activities
3.environment: dwelling in the neighborhood
4.location: dwelling as base for out-of-home activities
5.status: dwelling as a means of expression of a household’s identity or image
Real estate
The term real estate refers to the building including the plot on which the building is standing
the value of real-estate includes two elements
1. for the user it has use value (the needs it fulfils for the user)
2. for the owner it has investment value (the returns on investment it yields)
, Ownership:
owner = occupiers - the household has bought the house and is owner and user at the same
time
owner = landlord- the landlord is owner of the house and lets the house to a household who
uses the house
Regimes:
- profit-driven, market-oriented-their aim is to make profit and they act (make investments
and set rent prices) conform market processes
- non-profit, focused on societal objectives, mission-driven-their aim is not so much to make
profit but rather to achieve certain societal objectives-the organizations have a public
mission and act according to this mission (rather than the market)
The role of housing associations:
- In the Netherlands, they are admitted institutions under the Housing Act
o admitted means that they have the status of a public foundation
o because they are admitted by the Housing Act, we speak of ‘Admitted Institutions’
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