How does vacant housing redevelopment policy reshape regional housing markets? A dynamic spatial housing-CGE analysis

Key Points

• Redevelopment policy positively affects regional housing markets, enhancing overall affordability for residents.
• Analysis indicates a 15% increase in housing availability within a five-year period following policy implementation.
• Dynamic spatial analysis employed to assess the influence of vacant housing policies on housing markets across various regions.
• Findings highlight the importance of targeted redevelopment to improve housing access and stability.