Homeownership, Renting and Society

Historical and Comparative Perspectives

Sebastian Kohl

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English

Routledge
12 December 2019

Homelessness; Urban communities; Sociology; Political economy; Urban & municipal planning

Series: Routledge Advances in Sociology

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.

By: Sebastian Kohl
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 453g
ISBN: 9780367877002
ISBN 10: 0367877007
Series: Routledge Advances in Sociology
Pages: 232
Publication Date: 12 December 2019
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

Sebastian Kohl is a researcher at the Institute for Housing and Urban Research, Uppsala University, Sweden.

Reviews for Homeownership, Renting and Society: Historical and Comparative Perspectives

It is well known that the US has a much higher homeownership rate than Germany. Cultural, land scarcity and welfare state explanations have been mobilized to explain the difference. Sebastian Kohl rejects such explanations and comes up with three explanations rooted in nineteenth century developments: differences in municipal governance over land use, mortgage lending institutions and the organization of residential construction. Manuel B. Aalbers, associate professor of Geography at KU Leuven, Belgium