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Home Purchase Certificates: The Other Housing Vouchers

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  • Steven Anlian
  • Raymond J.

Abstract

In the housing arena, vouchers have become closely associated with housing allowances – the widely employed means-tested payments to assist with the payment of rent or, for homeowners, operating costs. This paper is about the other housing voucher: housing purchase certificates. The paper outlines how these programs work generally and describes the specific features of programs in Russia and Armenia that have worked well under what may be considered adverse market conditions. The paper outlines some key issues for successful implementation and concludes that governments and donors should give greater consideration to the use of housing purchase certificates as a tool for encouraging home purchase.

Suggested Citation

  • Steven Anlian & Raymond J., 2003. "Home Purchase Certificates: The Other Housing Vouchers," European Journal of Housing Policy, Taylor and Francis Journals, vol. 3(3), pages 227-241.
  • Handle: RePEc:taf:eurjhp:v:3:y:2003:i:3:p:227-241
    DOI: 10.1080/14616710310001630703
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    References listed on IDEAS

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    1. David F. Bradford & Daniel N. Shaviro, 1999. "The Economics of Vouchers," NBER Working Papers 7092, National Bureau of Economic Research, Inc.
    2. Marion Steele, 2001. "Housing Allowances in the US under Section 8 and in Other Countries: A Canadian Perspective," Urban Studies, Urban Studies Journal Limited, vol. 38(1), pages 81-103, January.
    3. Clare Romanik & Raymond J. Struyk, 1995. "Assisting Demobilized Russian Officers Obtain Housing: The Housing Certificate Option," Review of Urban & Regional Development Studies, Wiley Blackwell, vol. 7(2), pages 97-118, July.
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    Cited by:

    1. Mark Stephens, 2005. "A Critical Analysis of Housing Finance Reform in a 'Super' Home-ownership State: The Case of Armenia," Urban Studies, Urban Studies Journal Limited, vol. 42(10), pages 1795-1815, September.

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