A new focus on private renting has been brought into sharp relief by the global financial crisis, with its profound impact on mortgage finance, housing markets and government budgets. Written by specially commissioned international experts and structured around common themes, this timely book explores the nature and role of private renting in eight advanced economies around the world. The book examines in depth the size, shape and role of the private rented sector today. Topics covered include the funding, ownership and management of private rental housing. It also pays close attention to regulation of rents and security of tenure, as well as the role of taxation and subsidies. The book offers important insights into recent developments in demand and supply and on the role of individual landlords, property companies and institutional investors in the private rental housing market. The global financial crisis has made acquiring new homes for social renting and for owner occupation more difficult for low and moderate income households. This authoritative study will be of great interest to scholars and policy makers concerned with role of private renting in meeting housing demand and its impact on housing markets and public finances.
Publisher: Edward Elgar Publishing Ltd