Housing

Abstract
This article summarizes the mass of detailed change in housing policy and housing outcomes. It presents the nature of housing provision in modern societies and a brief overview of the policy instruments that states have utilized to intervene in housing markets and sub-markets. This is followed by an evaluation of the distributional impact of the state's role, keeping in mind the distinction between vertical and horizontal distribution at the household level and also the existence of a distinct axis of distribution that operates at the spatial level. It concentrates on the rise of owner occupation through the lens of the three-sided model of the welfare state and assesses its significance in terms of the interaction between state, market, and household. It is noted that the state role in housing continues to remain very large. Additionally, the household economy must be recognized as having a particular significance for housing.

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