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The Sliding Scale between Usufruct and Ownership: The Example of Swedish Multi-Family Housing

Author

Listed:
  • Anna Granath Hansson

    (Department of Real Estate and Construction Management, KTH Royal Institute of Technology, Teknikringen 10B, 100 44 Stockholm, Sweden)

  • Peter Ekbäck

    (Department of Real Estate and Construction Management, KTH Royal Institute of Technology, Teknikringen 10B, 100 44 Stockholm, Sweden)

  • Jenny Paulsson

    (Department of Real Estate and Construction Management, KTH Royal Institute of Technology, Teknikringen 10B, 100 44 Stockholm, Sweden)

Abstract

This paper aims to elucidate the sliding scale between usufruct and ownership by applying a property rights framework to three Swedish forms of tenure in multifamily housing. The framework deconstructs the bundles of rights of rental, tenant-ownership and ownership to highlight commonalities and differences connected to the right to use and exclude, the right to transfer and the right to the value. It is concluded that the three tenure forms have many traits in common but that there are distinct differences in some areas, most notably in connection to the right to the value. The property rights framework applied in the study may be applicable also on a general level as a method to analyze and compare tenures of different types in different countries. Further, ways to improve the framework and cover more facets of outcomes of property rights patterns are suggested.

Suggested Citation

  • Anna Granath Hansson & Peter Ekbäck & Jenny Paulsson, 2021. "The Sliding Scale between Usufruct and Ownership: The Example of Swedish Multi-Family Housing," Land, MDPI, vol. 10(3), pages 1-15, March.
    • Handle: RePEc:gam:jlands:v:10:y:2021:i:3:p:311-:d:519670
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    References listed on IDEAS

    as
    1. G. Hodgson, 2007. "What Are Institutions?," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 8.
    2. Jardar Sørvoll & Bo Bengtsson, 2018. "The Pyrrhic victory of civil society housing? Co-operative housing in Sweden and Norway," International Journal of Housing Policy, Taylor & Francis Journals, vol. 18(1), pages 124-142, January.
    3. Jardar Sørvoll & Bo Bengtsson, 2018. "The Pyrrhic victory of civil society housing? Co-operative housing in Sweden and Norway," European Journal of Housing Policy, Taylor and Francis Journals, vol. 18(1), pages 124-142, January.
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