
Housing is not an initiative that ‘belongs’ to one discrete sector nor entity. Housing production is part of the construction sector; residential development is based on property rights and contingent upon spatial structure plans with development approvals; housing investment is part of overall capital formation; residential property is part of the real estate sector; household income is dependent on labour structure and the costs of living; housing subsidies are part of social welfare expenditures and housing finance is part of the financial sector. The list is not exhaustive, even the linkages of residential areas to the transportation network form part of the larger policy environment of housing.