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The Rolls Royce and the Mini cooper Limited Profit Housing in Switzerland and Austria Julie Lawson, OTB Delft ENHR Comparative Housing Policy Working Group, Istanbul October 23-24 2008 Introduction Austria’s and Switzerland’s housing systems are similar in many respects:
Julie Lawson, OTB DelftENHR Comparative Housing Policy Working Group, Istanbul October 23-24 2008
Austria’s and Switzerland’s housing systems are similar in many respects:
One important difference, the market share of Limited Profit and Municipal housing is far more significant in Austria than Switzerland.
“Debates and indeed misunderstandings in comparative housing research often arise because housing systems can be perceived and therefore analysed from a range of positions”
‘Roots’ of causality
the interplay between market dynamics and key state institutions
the role of a benevolent state, using housing supply as a countercyclical economic tool
the responsiveness of supply to demographic developments
financial, market and political position of social housing amidst broader developments of Austria’s conservative welfare regime
the relationship between national and local regulation amidst a tradition of corporatism and modes of development
evaluating recent non-profit housing developments
outlining policy concerns and developments
Explaining the low rate of home ownership and the nature of the rental market
historical narratives on the Swiss housing system
the role and relationships between municipal, cantonal and Federal state roles and related policy regimesSection 3 Explanations for developments
Amidst freehold property rights, most populous city of Vienna holds a historically strong market position via Land Fund
Municipalities integral to the planning, provision of development sites
Amidst freehold property rights, most populous cities of Zurich and Geneva hold a modest market positionContingently defined system of property rights
LP housing finance mechanism and tax privileges sustained by financial sector
Favourable financing position of LPHA gives competitive market advantage
Tightly regulated cost rent limited profit associations, promotes affordable supply
Sporadic supply subsidies legitimised in times of relative housing crises
LP housing finance mechanism external to financial sector, tax exemptions
Liberal cost rent regulation sustaining profitability of private landlords
LPH supply insufficient to address demands, in a market dominated by private RH, although more prominent in urban areas where political support is greatestContingently defined circulation of finance
Summary of Key differences:
Explanation in brief:
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