Public housing policy has been proposing plans of public housing (PH) stock alienationor, as an alternative, property enhancement plans, since administrative and financial commitmentshave become too heavy for municipalities. This paper deals with one of the current public housingmanagement policy initiatives, undertaken by the Municipality of Palermo (Italy), which aimed attransferring a significant part of the public housing asset to the current tenants, according to someterms and conditions, and applying a politically fixed price. This policy is described in general,focusing on the amount of the assets involved, reporting the terms and conditions for transferringthem at an affordable price, and analysing their concentration/distribution in the urban areas. Themain aim of the paper is to provide a valuation pattern for defining the trade-off between theefficiency and fairness of such a tool, recognising the conditions for the consistency between thetransfer price established by municipality, the merit of the public housing asset, and the market value.A detailed study on two representative neighbourhoods was carried out in order to measure thevalue of solidarity of this policy and to propose some corrective rules.
|Numero di pagine||21|
|Stato di pubblicazione||Published - 2019|
All Science Journal Classification (ASJC) codes