Page 112 - U4SSC Collection Methodology for Key Performance Indicators for Smart Sustainable Cities

Collection Methodology for Key Performance Indicators for Smart Sustainable Cities

Dimension Society and Culture
Sub-Dimension Safety, Housing and Social Inclusion
Category Housing
KPI Name Housing Expenditure
KPI No. SC: SH: HO: 2A Type: Advanced Type: Structural

Definition / Percentage expenditure of income for housing
Description

Rationale / Housing expenditure includes rent, mortgage, utility services, maintenance, energy
Interpretation / efficiency repairs, and other repairs.
Benchmarking Housing costs are critical determinants of the living conditions of individuals and
households. Concerns about housing affordability are important especially when
there is a sharp rise in home prices, rents and energy prices. Housing is one of the
largest components of both expenditures and assets of households. As a
consequence, higher housing prices can both strain the budget of those households
that do not own their main residence and increase households' wealth and financial
well-being for those that do.
Presenting housing expenditure shows how much income goes to housing services
and provides a means to compare such expenditures over time and between
countries. (OECD]
A declining trend and lower values are considered positive.
Source(s) OECD. Housing. Retrieved from
<http://www.oecdbetterlifeindex.org/topics/housing/>
Methodology Calculate as:
Numerator: Expenditure on Housing (USD).
Denominator: Total household income (USD).
Multiply by 100
Unit Percentage
Data Sources / Data can be obtained through national statistics offices.
Relevant National data available for certain countries at https://stats.oecd.org/
Databases

SDG Reference(s) SDG Target: 11.1: By 2030, ensure access for all to adequate, safe and affordable
housing and basic services and upgrade slums.

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