AMERICAN POLICY FOR HOUSING AND COMMUNITY DEVELOPMENT: A COMPARATIVE EXAMINATION

The United States and the major northern European countries all have developed a variety of strategies for governmental intervention in housing and urban development. These include rent supplements, subsidized mortgages, incentives to homeownership, land clearance, and construction and management of housing by public authorities. Despite similarities in the types of programs offered, the countries vary markedly in levels of public expenditure, consistency of policy, and institutional structure of the housing market. Differences in housing policies and institutions produce different outcomes. Settlement patterns, housing costs, level of home-ownership, and availability of housing for different income groups can be traced to these varying contexts for housing investment. Explanation of national differences lies in the differing organization of economic interests through the respective political systems.