Premium
AMERICAN POLICY FOR HOUSING AND COMMUNITY DEVELOPMENT: A COMPARATIVE EXAMINATION
Author(s) -
Fainstein Susan S.
Publication year - 1979
Publication title -
policy studies journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.773
H-Index - 69
eISSN - 1541-0072
pISSN - 0190-292X
DOI - 10.1111/j.1541-0072.1979.tb01583.x
Subject(s) - subsidy , incentive , subsidized housing , business , politics , settlement (finance) , investment (military) , variety (cybernetics) , public economics , intervention (counseling) , public housing , housing tenure , public policy , economic growth , economics , economic policy , finance , market economy , labour economics , political science , psychology , artificial intelligence , psychiatry , computer science , law , payment
The United States and the major northern European countries all have developed a variety of strategies for governmental intervention in housing and urban development. These include rent supplements, subsidized mortgages, incentives to homeownership, land clearance, and construction and management of housing by public authorities. Despite similarities in the types of programs offered, the countries vary markedly in levels of public expenditure, consistency of policy, and institutional structure of the housing market. Differences in housing policies and institutions produce different outcomes. Settlement patterns, housing costs, level of home‐ownership, and availability of housing for different income groups can be traced to these varying contexts for housing investment. Explanation of national differences lies in the differing organization of economic interests through the respective political systems.