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The Demand For Housing In Pakistan

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  • Hafiz A. PASHA
  • Aisha GHAUS

Abstract

Housing demand parameters are not known in Pakistan. This paper estimates the value of the housing stock (and flow of services) from 1960-61 to 1987-88 and sets up a model of lagged adjustment to desired demand to estimate these parameteres. Long-run income and price elasticities are revealed to be low. the absolute magnitudes do not differ significantly from 0.5. However, corresponsing elasticities od housing investment appear to be high, indicating the potential volatility of building activity in the country.

Suggested Citation

  • Hafiz A. PASHA & Aisha GHAUS, 1988. "The Demand For Housing In Pakistan," Pakistan Journal of Applied Economics, Applied Economics Research Centre, vol. 7(2), pages 83-99.
    • Handle: RePEc:pje:journl:article1988winiii
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    File URL: http://aerc.edu.pk/wp-content/uploads/2017/03/2nd-Paper-Page-83-99-1.pdf
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    Cited by:

    1. Hafiz A. Pasha & Mohammad S. Butt, 1996. "Demand for Housing Attributes in Developing Countries: A Study of Pakistan," Urban Studies, Urban Studies Journal Limited, vol. 33(7), pages 1141-1154, August.

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