Foundations of Home Ownership Policy - The Implementation of the Financing of Use as an Independent Finance Level

Abstract

This paper identifies a financial level within the usage of a property. While traditional property finance is understood as the refinance of property income there is a fist financial level in the financing of the usage, being the renting of a property the dept financing and the ownership of a used property the equity financing of the usage. Applying theory of finance to the financing of the usage provides a variety of knowledge on housing markets as well as housing and especially home-ownership policy.