Public housing policy in a housing market without general shortages

Hugo Priemus

European Journal of Housing Policy, 2002, vol. 2, issue 1, 65-86

Abstract: The most recent population forecasts tell us that the number of people living in the Netherlands will decrease after 2030, and the number of households after 2035. A long period of housing surpluses may be expected to follow the post-war era, a period marked by housing shortages. According to Kornai's theory, market equilibrium is the exception rather than the rule and this is particularly the case in housing. The impact made by surpluses on a market differs from that made by shortages, and this difference will lead to a new generation of housing policies. In this contribution we describe a new set of instruments of housing policy in which a system of housing vouchers plays an essential part.

Date: 2002
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DOI: 10.1080/14616710110091552

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