2008/12/05 by Joris Hoekstra
Economics, Econometrics and Finance · #Housing, Finance, and Neoliberalism #Housing Market and Economics
paper · doi:10.1177/0042098008098636
The organisation of the rental market varies from country to country. Kemeny draws a distinction between societies with an integrated rental system (relatively minor differences between the non-profit and the profit rental sectors) and societies with a dualist rental system (relatively major differences between the non-profit and the profit rental sectors). In this exploratory paper, Kemeny's typology is tested against data from the European Community Household Panel (ECHP). The tentative conclusion is that integrated rental systems and dualist rental systems do indeed exist, but there are signs of increasing convergence between the two.