Rental Choice and Housing Policy Realignment in Transition: Post-privatization Challenges in the Europe and Central Asia Region

The World Bank

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Date Published 2005
Version
Primary Author Hans-Joachim Dübel, W. Jan Brzeski, Ellen Hamilton
Other Authors
Theme
Country Ukraine

Abstract

Massive privatizations of housing in Europe and Central Asia transition countries have significantly reduced rental tenure choice threatening to impede residential mobility. Policy makers are intensifying their search for adequate policy responses aimed at broadening tenure choice for more household categories through effective rental housing alternatives in the social and private sectors. While the social alternative requires substantial and well balanced subsidies, the private alternative will not grow unless rent, management, and tax reforms are boldly implemented and housing privatization truly completed

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