HOUSING POLICY IMPLEMANTATION AND ITS IMPACT ON ECONOMIC DEVELOPMENT IN SRI LANKA
Sr No:
Page No:
39-41
Language:
English
Authors:
H.D.N.J.HEIYANTHUDUWA*
Received:
2025-05-10
Accepted:
2025-05-24
Published Date:
2025-05-28
Abstract:
The way we build and use good housing impacts economic growth by
influencing jobs, savings, investments, and how productive workers are. People have
only recently started to widely accept this idea. Since 1945, experts on housing have
had three different opinions about how housing affects economic growth. In the years
right after World War II, most experts saw housing as a social cost and something
that slowed down economic growth. A few argued that housing could be an important
addition to specific development projects, especially in distant areas. Over time,
housing has increasingly been seen as something that helps growth, not just because
building houses is a major industry with a large ripple effect, but also because
housing has social impacts that affect the economy in various ways. This history of
how opinions have shifted makes us wonder why the change happened.
Keywords:
House building, Housing, Financial development, Growth, Monetary effects.