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Progress in Privatization: Transforming Eastern Europe's Social Housing
The paper reviews the progress of housing privatization in Eastern Europe through early 1992, focusing on four countries: Poland, Czechoslovakia, Hungary, and Bulgaria. It indicates that the ownership of a significant number of social housing units in each of these countries has already been transferred into private hands, but more will need to be sold to reap the full benefits of privatization. Progress toward an efficient housing sector will also depend on several accompanying reforms: rent increases, ultimately leading to the removal of controls; legal revisions permitting landlords to evict tenants if they fail to honor their obligations; housing allowance programs, focusing assistance tightly on the poor; enabling legislation to permit the sale of social housing in a workable form; the availability of mortgage financing; capacity to appraise properties and record titles efficiently; the encouragement of private building management.
Progress in Privatization: Transforming Eastern Europe's Social Housing
The paper reviews the progress of housing privatization in Eastern Europe through early 1992, focusing on four countries: Poland, Czechoslovakia, Hungary, and Bulgaria. It indicates that the ownership of a significant number of social housing units in each of these countries has already been transferred into private hands, but more will need to be sold to reap the full benefits of privatization. Progress toward an efficient housing sector will also depend on several accompanying reforms: rent increases, ultimately leading to the removal of controls; legal revisions permitting landlords to evict tenants if they fail to honor their obligations; housing allowance programs, focusing assistance tightly on the poor; enabling legislation to permit the sale of social housing in a workable form; the availability of mortgage financing; capacity to appraise properties and record titles efficiently; the encouragement of private building management.
Progress in Privatization: Transforming Eastern Europe's Social Housing
G. T. Kingsley (Autor:in) / R. J. Struyk (Autor:in)
1992
40 pages
Report
Keine Angabe
Englisch
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