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Paper: eres2003_114
| Paper title: | Steerage Effects of Object Housing Subsidies |
| Authors: | Bauernfeind, Sandra |
| Summary: | The financing of the Austrian housing construction activities is characterised by a typical triangle between developer, public sector and capital market, lets say: equity capital, public housing subsidies and outside capital. This basic principle is applied for all dwellings ñ in single-family houses, which are more than 90% owned by private persons, and also for the dwellings in multi-storey houses which are professionally developed and rented or sold. The public subsidies still play an important role in this triangle. First I want to describe the Austrian housing stock but also the housing financing system. Than I will show some noticeable properties of the housing subsidy system. At the end I will point out several effects as well as in social, economic and ecological aspects. |
| Type: | normal paper |
| Year of publication: | 2003 |
| Series: | ERES:conference |
| Download paper: | |
| Citation: | Bauernfeind, Sandra (2003). Steerage Effects of Object Housing Subsidies. 10th European Real Estate Society Conference (10-13 June 2003) Helsinki, Finland, http://itc.scix.net/paper/eres2003_114 |
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