ULI Asia Pacific Home Attainability Index
The ULI Asia Pacific Home Attainability Index is a data-rich resource for understanding the extent to which a housing market is providing a range of choices attainable to the workforce across some key cities in the region. The study covers 28 cities in five countries and conduct data analysis in the areas of price comparison, price affordability, rental housing, home ownership, and ease of home purchase.
The data can help to:
- Identify gaps in home attainability and provide better context to understand the residential market
- Provide context by connecting housing costs to the wages earned by in a region
- Aggregate and highlight key differences and similarities among the different cities and countries in the AP region that hep gain a more granular understanding of each market’s housing sector and housing affordability
The inaugural edition of the attainability index marks the opening of the Asia Pacific Centre for Housing, a think-tank focusing on exploring actionable insights and practice on the high priority issue of housing.
David Faulkner, President of ULI Asia Pacific, said: “The ULI Asia Pacific Centre for Housing will be key in providing practical and future-proof insights towards housing issues in the region. Through the Centre, we strive to facilitate constructive discussions around housing topics such as housing attainability and its fundamental drivers, rental housing models, emerging housing concepts and improving the affordability of home ownership.”
Report Summary: The ULI Asia Pacific Home Attainability Index is a data-rich resource for understanding the extent to which a housing market is providing a range of choices attainable to the workforce across some key cities in the region. The study covers 28 cities in five countries and conduct data analysis in the areas of price comparison, price affordability, rental housing, home ownership, and ease of home purchase.
The data can help to:
- Identify gaps in home attainability and provide better context to understand the residential market
- Provide context by connecting housing costs to the wages earned by in a region
- Aggregate and highlight key differences and similarities among the different cities and countries in the AP region that hep gain a more granular understanding of each market’s housing sector and housing affordability
The inaugural edition of the attainability index marks the opening of the Asia Pacific Centre for Housing, a think-tank focusing on exploring actionable insights and practice on the high priority issue of housing.
David Faulkner, President of ULI Asia Pacific, said: “The ULI Asia Pacific Centre for Housing will be key in providing practical and future-proof insights towards housing issues in the region. Through the Centre, we strive to facilitate constructive discussions around housing topics such as housing attainability and its fundamental drivers, rental housing models, emerging housing concepts and improving the affordability of home ownership.”