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:: Volume 3, Issue 9 (winter 2015) ::
IUEAM 2015, 3(9): 87-103 Back to browse issues page
Financing Methods of Housing Renovation in Urban Distressed Areas (The Case of Tehran)
Naghi Asgari 1, Sohrab Zamanzadeh 2, Kazem Chavoshi 3
1- M.A in of Urbanity-Urban and Regional Planning, Faculty Member, Science Development, Institute of Humanities and Social Studies Jihad University, Tehran, Iran
2- M.A in Management (Marketing), Department of Management (Marketing) Tehran, Iran
3- Assistant Rofessor of Strategic Management, Department of Financial Management, Faculty of Financial Sciences University of Economic Sciences, Tehran, Iran
Abstract:   (6658 Views)

Portions of towns in the process of their evolution are excluded from the reconstruction because of social and economic reasons. In these areas, most classes those are low-income residents or owners who live in other parts of this section are not willing to renovate their buildings. These areas have gradually become a place for social harms and are vulnerable to natural disasters, the existing mechanisms, no repair capability therefore, governments and municipalities, with a diagnosis of the problem, the support facilities such as subsidies and The tax relief to create complications in the reconstruction of the areas they perform. But the limited resources available to the general public and the private sector's reluctance to invest in these areas, in addition to structural constraints, low effectiveness of subsidies and financial resources needed for modernization in these areas is limited. The major part of urban decay is Housing. The objective of this study has been to investigate the current methods of housing finance in Tehran decay parts and search to find a suitable method or methods for financing in the current situation and the near future, with the participation of all involved groups (manufacturers, suppliers and credit policy makers and planners urban decay).The main research method in this study is based on qualitative in-depth interviews with the basic theory,while the first part of the study used from quantitative method to determine the current status of housing finance in decay areas and Documentary method was used to investigate new experiences in housing finance and the experiences of selected countries (such as south Korea, turkey, china and Malaysia). The results show that the reference groups are agreed to the suitability of the six methods of financing to fund the modernization of the existing and future housing Distressed agree.

Keywords: distressed area, housing, financing methods, Tehran
     
Type of Study: Research | Subject: Special
Received: 2013/08/19 | Accepted: 2014/07/2 | Published: 2015/04/4
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Asgari N, Zamanzadeh S, Chavoshi K. Financing Methods of Housing Renovation in Urban Distressed Areas (The Case of Tehran). IUEAM. 2015; 3 (9) :87-103
URL: http://iueam.ir/article-1-108-en.html


Volume 3, Issue 9 (winter 2015) Back to browse issues page
فصلنامه علمی-پژوهشی اقتصاد و مدیریت شهری Journal of Urban Economics and Management
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