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Private Rental Housing

Comparative Perspectives Edited by Tony Crook, University of Sheffield, UK and Peter A. Kemp, Oxford University, UK
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.
Extent: 264 pp
Hardback Price: $130.00 Web: $117.00
Publication Date: 2014
ISBN: 978 1 78195 415 7
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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.
‘Tony Crook and Peter Kemp have delivered a very timely book on Private Rental Housing before and after the global financial crisis (GFC). . . Private rental housing: comparative perspectives provides an excellent over-view of context, characteristics and challenges facing the PRS in eight countries. The book is a must-read for policy-makers interested in lessons learned in private rental housing, albeit the book highlights that cross-national policy transfer is not straightforward. The book is an interesting read for housing scholars who want to be inspired by a well-organised volume of international comparative housing research that pays considerable attention to the impact of context on housing.’
– International Journal of Housing Policy

‘With this book, Crook and Kemp provide a readable and well-organised introduction to private rented housing systems in other countries. The contributors are all well-known housing scholars (mostly economists), and provide a good overview of the various policy frameworks that condition private renting—including overall housing policy, rent and tenancy regulation, and tax treatment. The careful reader will come away with a better understanding of why simple policy transfer is not straightforward, especially in an area as
complex, culturally meaningful and system-embedded as housing.’
– Kath Scanion, LSE Review of Books

‘This book provides an up-to-date and comprehensive overview of the topic of private renting, offering valuable insights into recent developments in demand and supply from a comparative perspective.’
– Journal of Housing and the Built Environment
Contributors: H.S. Anderson, T. Crook, M. Haffner, K. Hulse, R. James III, P.A. Kemp, S. Kofner, M. Pareja-Eastaway, T. Sánchez-Martínez, M.-A. Stamsø
Contents:

Foreword

1. Introduction
Tony Crook and Peter A. Kemp

2. Germany
Peter A. Kemp and Stefan Kofner

3. The Netherlands
Marietta Haffner

4. Spain
Montserrat Pareja-Eastaway and Teresa Sánchez-Martínez

5. Denmark
Hans Skifter Anderson

6. Norway
Mary-Ann Stamsø

7. Australia
Kath Hulse

8. England
Tony Crook and Peter A. Kemp

9. USA
Russell James III

10. Comparing Countries
Tony Crook and Peter A. Kemp