Tuesday, February 1, 2011

Housing Markets In OECD Countries.

Paper is HERE. Just one small sample of info: 
The coverage of rental allowances (measured as the share of population receiving allowances) ranges from around 18% of the population in the United Kingdom to less than 1% in Spain, Italy and Slovenia...The low take-up of such allowances in the latter countries most likely reflects that in these countries a vast majority of households are homeowners. The extent of these allowances varies with the type of household and income. For instance, for an unemployed couple with two children, the maximum rent allowance varies from 2% of the average wage in Germany to 20% in Ireland ...Taking into account both the value and the coverage of subsidies they appear to be most significant in the United Kingdom and some Nordic countries.
Originally created and posted on the Oregon Housing Blog.

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