Social Housing Finance in Europe: Trends and Opportunities

Publisher Website
Google Scholar
Abstract
The central topic of this contribution is the financing of the social rented sector in seven countries in western Europe: the Netherlands, Belgium, Denmark, Germany, Great Britain, France and Sweden. Since 1975, the macro housing quota has increased in all seven countries, but most of all in the Netherlands. Property subsidies have been reduced; housing allowances have become more important. The differences in size of the social rented sector remain large. Private finance has mostly replaced public loans, with the exception of Germany where interest-free government loans cover part of the finance needed. In most countries, guarantees for capital market loans exist, Great Britain being the exception. In the near future, changes in social housing finance may be expected as a result of European monetary integration. The euro will (for the time being) not be introduced in Denmark, Great Britain and Sweden. The costs of capital may decline when social housing finance becomes more internationalised.

This publication has 0 references indexed in Scilit: