Taking Austria as an example, the article sets out to explore the relationship between a particular type of welfare regime and the kind of social housing policy developed within such an environment. Austria has repeatedly and consistently been classified as the ideal type of a conservative and familialistic welfare regime and as a paradigm case of corporatism. Particular attributes of such a regime (fragmentation, corporatism, familialism, immobilism) do have their repercussions within Austrian housing and may be detected within Austrian housing policy.
According to Stephens, Kemeny's integrated rental markets have all disappeared on the level of nation-states. In his reply, the author draws attention to sub-national housing markets where cost rental principles continue to dominate within a city or region. Where local majorities and coalitions allow, the legal and institutional preconditions for integrated rental markets can be safeguarded and renewed. This includes various forms of land policy and rent control, and a large and experienced sector of cost-rental housing providers-public, non-profit and benevolent landlords alike. Urban/regional support for such housing policies seems to be on the rise, as a reaction to the massive increase in housing costs and affordability issues brought about by the ongoing financialization of housing.
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