Working Paper Series, Department of Real Estate and Construction Management & Centre for Banking and Finance (cefin), Royal Institute of Technology
A Monstrous Hybrid: A comment on Brett Christophers´ interpretation of Swedish housing policy.
Abstract: In this comment it is argued that Christophers´
misunderstands the nature of the post war housing model in Sweden. This was
actually a market friendly model where rent and price regulations were seen
as something temporary and that an increase in supply was the most
important policy. It is further argued that it is a mistake to describe the
development in recent decades as a move towards a neoliberal model. Even if
there are no state subsidies, there still is a municipal planning monopoly
that reduce the supply of land. Municipalities have become more and more
restrictive towards new construction, and a combination of NIMBYarguments
and environmental demands have especially reduced the number of housing
projects targeting households with lower incomes.
Keywords: hosuing policy; rent control; Sweden; (follow links to similar papers)
JEL-Codes: R22; R31; R38; R48; (follow links to similar papers)
10 pages, February 4, 2015
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