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Homeowners’ associations - a new framework for housing in Lithuania
The vast privatisation of Lithuanian housing has not been paralleled by the necessary institutional changes. The establishment of Homeowners Associations (HOAs) is an important part of these changes but it is a slow process for various reasons, that needs to be accelerated. Furthermore, there is a need to develop the maintenance sector. Currently most maintenance service is carried out by municipality owned care-taking companies in a non-market situation.
Homeowners’ associations - a new framework for housing in Lithuania
The vast privatisation of Lithuanian housing has not been paralleled by the necessary institutional changes. The establishment of Homeowners Associations (HOAs) is an important part of these changes but it is a slow process for various reasons, that needs to be accelerated. Furthermore, there is a need to develop the maintenance sector. Currently most maintenance service is carried out by municipality owned care-taking companies in a non-market situation.
Homeowners’ associations - a new framework for housing in Lithuania
Roerup, Kasper (author)
Facilities ; 16 ; 302-305
1998-11-01
4 pages
Article (Journal)
Electronic Resource
English
Homeowners' associations - A new framework for housing in Lithuania
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