almost exclusively on company and not mortgage finance. We identify four different "ideal types" of housing finance systems …-dependent conclusion, noting that the more countries developed bond-based mortgage banks in the nineteenth century, the more they tended …

tenants of the social housing units benefit from this subsidy. We use on free market rental units and subsidized rental units … subsidy the tenants obtain when occupying a subsidized unit instead of an otherwise similar free market rental unit. We find … that on average the monthly subsidy per unit is 246 Euros, whereas the average monthly subsidy per unit's square meters is …