Challenges facing housing affordability in Beijing in the twenty‐first century
Purpose – The purpose of this paper is analyse to what extent the high price had led to low levels of housing affordability in the period 2002‐2006 in Beijing. Due to the importance of housing for local residents and the crucial position that real estate market in the Chinese economy is currently in, research into the housing affordability issues is now essential. It is important to consider the social circumstances that are predominantly related to both the standard of living and the national economy in Beijing.Design/methodology/approach – The housing price to income ratio (PIR) method and Housing Affordability Index (HAI) model are used to measure housing affordability in Beijing. Then, the reasons for the high housing prices in Beijing are discussed and government homeownership‐oriented policies to help citizen on housing issues are examined. Finally, future proposals which can contribute to ease the housing affordability problem are recommended.Findings – The main findings in this research are that t...
Measuring Housing Affordability in Beijing
Housing affordability is the relationship between households’ income and housing expenditure. The public are very concerned about the high price of residential housing in Beijing, which is consider ...
Performance Evaluation of Fuzzy Routing Algorithms for a New Fuzzy Mixed Metric Approach
Optimizing routing decisions has been an important subject in research of communication networks. The present paper is introducing a new fuzzy mixed metric approach, which takes routing decisions based on fuzzy costs in parallel to crisp cost of other metrics. The present paper evaluates the new fuzzy approach for its performance. The paper first describes the new fuzzy approach and the fuzzy routing algorithms developed for the approach and then the performance is evaluated both in empirical and analytical terms to show its advantages over the previous fuzzy approaches and traditional link- state routing approach. The paper analyzes the performance for different cases to show the efficacy of load on delay. The present paper bargains with three such cases.