Research Catalog

The Danish Housing Market Less Subsidy and more Flexibility

Title
The Danish Housing Market [electronic resource]: Less Subsidy and more Flexibility / Espen Erlandsen, Jens Lundsgaard and Felix Hüfner
Author
Erlandsen, Espen.
Publication
Paris : OECD Publishing, 2006.

Available Online

Full text online available onsite at NYPL

Details

Additional Authors
  • Lundsgaard, Jens.
  • Hüfner, Felix.
Description
65 p.; 21 x 29.7cm.
Summary
While Denmark has fairly flexible labour and product markets in most respects, the housing market stands out with large direct and indirect subsidies for all types of housing and a highly regulated rental market hindering mobility, probably resulting in a mismatch between housing needs and use. In the current housing policy framework there is quite a contrast between the well-functioning market for transactions of owner-occupied housing (supported by the highly liberalised mortgage market) and the highly regulated rental housing market. This paper assess the recent development in Danish house prices, followed by a discussion of ways of replacing the costly government intervention in the Danish housing market with more market-based mechanisms, thereby achieving policy objectives in a more efficient and targeted way. The paper reviews the main areas for reform, including overall subsidisation of housing, rent regulation, social housing, and how housing supply could be made more responsive.
Series Statement
OECD Economics Department Working Papers, 1815-1973 ; no.513
Uniform Title
OECD Economics Department Working Papers, no.513.
Subject
  • Economics
  • Denmark
LCCN
10.1787/046875878368
OCLC
oecd-lib-003929
Author
Erlandsen, Espen.
Title
The Danish Housing Market [electronic resource]: Less Subsidy and more Flexibility / Espen Erlandsen, Jens Lundsgaard and Felix Hüfner
Imprint
Paris : OECD Publishing, 2006.
Series
OECD Economics Department Working Papers, 1815-1973 ; no.513
OECD Economics Department Working Papers, 1815-1973 ; no.513.
Connect to:
http://dx.doi.org/10.1787/046875878368
Indexed Term
Economics
Denmark
Added Author
Lundsgaard, Jens.
Hüfner, Felix.
Other Standard Identifier
10.1787/046875878368 doi
View in Legacy Catalog