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Paper eres2003_114:
Steerage Effects of Object Housing Subsidies

id eres2003_114
authors Bauernfeind, Sandra
year 2003
title Steerage Effects of Object Housing Subsidies
source 10th European Real Estate Society Conference (10-13 June 2003) Helsinki, Finland
summary The financing of the Austrian housing construction activities is characterised by a typical triangle between developer, public sector and capital market, lets say: equity capital, public housing subsidies and outside capital. This basic principle is applied for all dwellings in single-family houses, which are more than 90% owned by private persons, and also for the dwellings in multi-storey houses which are professionally developed and rented or sold. The public subsidies still play an important role in this triangle. First I want to describe the Austrian housing stock but also the housing financing system. Than I will show some noticeable properties of the housing subsidy system. At the end I will point out several effects as well as in social, economic and ecological aspects.
series ERES:conference
type normal paper
discussion No discussions. Post discussion ...
session Session 4, Housing Policy 2
last changed 2013/01/09 08:45
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