The Effect of EU-Legislation on Rental Systems in Sweden and the Netherlands

Elsinga, Marja; Lind, Hans

doi:10.1080/02673037.2013.803044

Cited by 62 publications

(55 citation statements)

References 7 publications

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“…As pointed out in Elsinga and Lind (2012) and illustrated by Annaniassen (2006) and Sørvoll (2011), non-profit rents below the market level can create queues/ over-demand, and -in the absence of strict regulation of accessibility -black markets will develop, where stronger social groups can be expected to get hold of the most attractive apartments. This wears out both internal and external legitimacy of the system due to its inability to effectively solve the task for providing housing on an equal footing for different parts of the population.…”

Section: The Unitary Model and Its Contemporary Challengesmentioning

confidence: 99%

“…As public subsidies were already dismantled, the complaint was based on what Elsinga and Lind terms an 'innovative' interpretation of subsidies, namely the case where an owner (here: the municipality) 'did not demand a market based rate of return on the market value of the asset of the company' (Elsinga and Lind, 2012). The reason for the complaint was that owners were unable to capitalize on the potential market value of inner city flats in Stockholm.…”

Section: Variations Of Dismantlement Of the Unitary Modelmentioning

confidence: 99%

“…The first wave of criticism of the unitary model resulted in de-subsidization and privatization, notably in attractive inner city capital areas -whilst the second employed internationalization of public law (The European rules on Services of General Economic Interest -SEGI) to adjust rent-setting to get closer to market rents across sectors. This, in turn, led to a modification, but not at dismantlement of the corporatist rent setting system Elsinga and Lind, 2012).…”

Section: The Unitary Model and Its Contemporary Challengesmentioning

confidence: 99%

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Housing Welfare Policies in Scandinavia: A Comparative Perspective on a Transition Era

Jensen¹

2013

LHI Journal of Land, Housing, and Urban Affairs

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It is commonplace to refer to the Nordic countries of Sweden, Norway, Denmark, Finland and Iceland as a distinctive and homogenous welfare regime. As far as social housing is concerned, however, the institutional heritage of the respective countries significantly frames the ways in which social housing is understood, regulated and subsidized, and, in turn, how housing regimes respond to the general challenges to the national welfare states. The paper presents a historical institutionalist approach to understanding the diversity of regime responses in the modern era characterized by increasing marketization, welfare criticism and internationalization. The aim is to provide outside readers a theoretically guided empirical insight into Scandinavian social housing policy. The paper first lines up the core of the inbuilt argument of historical institutionalism in housing policy. Secondly, it briefly introduces the distinctive ideal typical features of the five housing regimes, which reveals the first internal distinction between the universal policies of Sweden and Denmark selective policies of Iceland and Finland. The Norwegian case constitutes a transitional model from general to selective during the past quarter of a decade. The third section then concentrates on the differences between Denmark, Sweden and Norway in which social housing is, our was originally, embedded in a universal welfare policy targeting the general level of housing quality for the entire population. Differences stand out, however, between finance, ownership, regulation and governance. The historical institutional argument is, that these differences frame the way in which actors operating on the respective policy arenas can and do respond to challenges. Here, in this section we lose Norway, which de facto has come to operate in a residual manner, due to contemporary effects of the long historical heritage of home ownership. The fourth section then discusses the recent challenges of welfare criticism, internationalization and marketization to the universal models in Denmark and Sweden. Here, it is argued that the institutional differences between the Swedish model of municipal ownership and the Danish model of independent cooperative social housing associations provides different sources of resistance to the prospective dismantlement of social housing as we know it. The fifth section presents the recent Danish reform of the governance model of social housing policy in which the housing associations are conceived of as 'dialogue partners' in the local housing policy, expected to create solutions to, rather than produce problems in social housing areas. The reform testifies to the strategic ability of the Danish social housing associations to employ their historically grounded institutional relative independence of the public system.

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Section: The Unitary Model and Its Contemporary Challengesmentioning

confidence: 99%

Section: Variations Of Dismantlement Of the Unitary Modelmentioning

confidence: 99%

Section: The Unitary Model and Its Contemporary Challengesmentioning

confidence: 99%

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Housing Welfare Policies in Scandinavia: A Comparative Perspective on a Transition Era

Jensen¹

2013

LHI Journal of Land, Housing, and Urban Affairs

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“…in the absence of market rents, attractive areas have very low vacancies. for a more thorough discussion see Elsinga and Lind (2013). as a consequence, the income stream for property owners investing in housing will be very stable, and will not fluctuate as much as the income from other property types.…”

Section: The Dominance Of Housingmentioning

confidence: 99%

Methods for Comparing Diversification Strategies on the Swedish Real Estate Market

Katzler

2016

International Journal of Strategic Property Management

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This paper compares the effectiveness of different property portfolio diversification strat- egies using five methods; (1) correlation matrices, (2) efficient frontiers, (3) Sharpe ratios, using three different sub methods, (4) coefficients in equations explaining total returns and (5) R-square values in equations explaining total returns. The evaluation methods are applied to both value weighted and equally weighted indices based on Swedish real estate return data. All methods show that, if any, diversifying over property types is a better strategy on the Swedish market than diversifying over re- gions. No test yields significant support for regional diversification. The support for the property type strategy is stronger when using equally weighted indices.

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“…As the Swedish municipal housing companies work on what Kemeny [6] calls a unitary rental market and compete directly with private companies, subsidies to the municipal housing companies meant a potential conflict with EU legislation about state support [7]. To avoid this conflict, it was decided that the municipal housing companies should deliver a market rate of return to their owners.…”

Section: Background and Purposementioning

confidence: 99%

Sustainable Renovation Strategy in the Swedish Million Homes Programme: A Case Study

et al. 2016

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Sweden has a large multifamily housing stock that was built between 1960 and 1975. An important current issue is how this stock can be renovated in a sustainable way. The article analyses a strategy used by a suburban municipal housing company that had clear social ambitions and offered the tenants three options of renovation: Mini, Midi and Maxi. Most tenants chose the Mini alternative which meant that they could afford to stay and that there was no increase in costs for the social authorities. An investment analysis showed that the Mini alternative had a positive net present value, but that the Midi and Maxi alternatives were more profitable. Even though there was no clear environmental focus in the renovation, energy use was reduced by 8%. As a conclusion, the study shows that a sustainable renovation is possible but that there are a number of conflicts between the different dimensions of sustainability.

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The Effect of EU-Legislation on Rental Systems in Sweden and the Netherlands

Cited by 62 publications

References 7 publications

Housing Welfare Policies in Scandinavia: A Comparative Perspective on a Transition Era

Housing Welfare Policies in Scandinavia: A Comparative Perspective on a Transition Era

Methods for Comparing Diversification Strategies on the Swedish Real Estate Market

Sustainable Renovation Strategy in the Swedish Million Homes Programme: A Case Study

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