Homeownership, renting and society : historical and comparative perspectives / Sebastian Kohl.

On the eve of the financial crisis, the USA was inhabited by almost 70 percent homeowning households, in comparison to about 45 percent in Germany. Homeownership, Renting and Society presents new evidence showing that this homeownership gap already existed between American and German cities around 1...

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Bibliographic Details
Online Access: Full Text (via EBSCO)
Main Author: Kohl, Sebastian (Author)
Format: eBook
Language:English
Published: Abingdon, Oxon ; New York, NY : Routledge, 2017.
Series:Routledge advances in sociology ; 212.
Subjects:

MARC

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505 0 |a 1. The historical origins and persistency of suburbanized versus compact cities -- 2. The historical origins and persistency of suburbanized versus compact cities -- 3. Fordist mass production and the Handwerk tradition of single-family houses -- 4. The broader picture of OECD countries : generalization of findings, horizontal ownership and homeownership ideology. 
520 |a On the eve of the financial crisis, the USA was inhabited by almost 70 percent homeowning households, in comparison to about 45 percent in Germany. Homeownership, Renting and Society presents new evidence showing that this homeownership gap already existed between American and German cities around 1900. Existing explanations based on culture, government housing policy or typical socio-economic factors have difficulties in accounting for these long-term cross-country differences. Using historical case studies on Germany and the USA, the book identifies three institutional domains on the supply-side of the housing market - urban land, housing finance and construction - that set countries on different housing trajectories and subsequently established differences that were hard to reverse in later periods. Further chapters generalize the argument across other OECD (Organisation for Economic Co-operation and Development) countries and extend the explanation to cover historical differences in homeownership ideology and horizontal property institutions. This enlightening volume also puts forward path-dependence theories in housing studies, connects housing with vast urban-history and political-economy literature and offers comprehensive insights about the case of a tenant's country which contradicts the tendency towards universal homeownership. Providing an all-new historic-institutionalist explanation of the German-American homeownership gap, this title will be of interest to postgraduate students and scholars interested in fields including: Housing Studies, Sociology, Urban History, Political Economy, Social Policy and Geography. It may also be of interest to those working in housing field organizations and ministries.--  |c Provided by Publisher. 
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