Abstract
Private rental housing has had a mixed experience of growth and decline across the advanced economies over the postwar period. Patterns of the tenuer’s significance have been driven by policy rather than economic growth and public housing provision, home-ownership subsidies and inflation have been as significant as rent controls. Sectors now comprise well-defined segments or niches and there are both commonalities and contrasts in units provided, ownership and occupancy. A more stable macroeconomic environment and the mobility and fiscal stringency consequences of global competition appear to facilitate a more expanded role for the sector which also requires scrutiny in relation to the housing requirements for successful European Monetary Union.
Published Version
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