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Housing : The Market Versus the Welfare State Model Revisited

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  • Thomas S. Nesslein

    (University of Washington, Seattle)

Abstract

Most housing policy analyses conclude that housing is a commodity that cannot be efficiently and equitably allocated via the market process. Major contentions in this respect are that market allocation will result in suboptimal housing investment and that the market process leads to the creation of slums. Furthermore, the proponents of the welfare housing model argue that welfare state interventions have raised the average level of housing consumption above the level that would have been achieved under a more market-oriented allocative model. However, both theory and evidence fail to support these beliefs.

Suggested Citation

  • Thomas S. Nesslein, 1988. "Housing : The Market Versus the Welfare State Model Revisited," Urban Studies, Urban Studies Journal Limited, vol. 25(2), pages 95-108, April.
    • Handle: RePEc:sae:urbstu:v:25:y:1988:i:2:p:95-108
    DOI: 10.1080/00420988820080151
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    Cited by:

    1. Keith Pezzoli & Rob Atkinson & Alisdair Rogers & Alan March & Henry L. Taylor JR & Thomas S. Nesslein & Thomas B. Fischer & R.N. Sharma & Hartmut Häussermann, 2002. "Book Reviews," Urban Studies, Urban Studies Journal Limited, vol. 39(13), pages 2553-2570, December.
    2. Thomas S. Nesslein, 2003. "Markets versus Planning: An Assessment of the Swedish Housing Model in the Post-war Period," Urban Studies, Urban Studies Journal Limited, vol. 40(7), pages 1259-1282, June.
    3. Yuzhe Wu & Jia Ao & Yuhang Ren, 2023. "Allocation of Land Factors in China Looking Forward to 2035: Planning and Market," IJERPH, MDPI, vol. 20(4), pages 1-16, February.
    4. Frans M. Dieleman, 1994. "Social Rented Housing: Valuable Asset or Unsustainable Burden?," Urban Studies, Urban Studies Journal Limited, vol. 31(3), pages 447-463, April.

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