Urban areas confront a chronic shortage of housing, especially in the low-rent segment. This precarious situation is further exacerbated by major challenges, like the destruction of housing by wars and natural catastrophes, rapid increase of demand, or pandemics cutting incomes. In response, the...

This paper analyzes the connection between the asymmetric tax treatment of homeowners and landlords and the progressivity of income taxation using a quantitative overlapping generations general equilibrium model with housing and rental markets. Our model emphasizes the determinants of tenure...

We investigate the impact on social welfare of the UK policy introduced in 1980 by which public housing tenants (council housing in UK parlance) had the right to purchase their houses at heavily discounted prices. This was known as the Right to Buy (RTB) policy. Although this...

The paper aims at measuring the rental housing market regulations in Germany between 1913 and 2015. Four classes of housing policy are considered: Rent controls, tenant protection, rationing of housing, and fostering of social housing. Based on a thorough analysis of federal and regional...

Philippine cities provide the highest levels of service and living standards in the country. Much of what happens to the country in terms of production and employment, income and consumption, and access to basic services and amenities will continue to be determined by the performance of its...

Die Mietpreise in Deutschland steigen seit einigen Jahren wieder stärker. Vor allem in Metropolen wie Berlin, Hamburg und München lagen die Zunahmen zuletzt über dem gesamtdeutschen Durchschnitt von rund zwei Prozent. Die Bundesregierung möchte auf diese Entwicklung mit einer Mietpreisbremse...

We provide an analysis of the housing market and current housing policies in three developed countries: the United Kingdom (UK), Switzerland, and the United States (US). We focus on these three countries mainly due to the marked differences in their institutional settings. The UK is...

This paper examines how transformations in the housing system in the People's Republic of China (PRC) influence the PRC pattern of urbanization. It first discusses how housing policies determine the supply and demand of housing in urban PRC and subsequently analyzes how the changes in the mode...

The objective of this article is to understand the main socioeconomic determinants of family cohabitation and new household formation by young adults in Brazilian urban areas. Methodologically, the study adapts the models of De Vos (1989) and Granado and Castillo (2002) to the Brazilian case,...