1988 · 28 citations · 0 references
Public AffairsEconomicsPublic PolicyHousingHousing PolicyPublic EconomicsHousing AssistanceHousing EconomicsHousing FinanceHousing Policy AnalysisSubsidized HousingWelfare ReformHousing Assistance PolicyHousing CostsHousing Policy ImplementationHousing Supply SubsidiesPublic Housing SubsidiesSubsidy PolicySubsidy StructureSubsidy Transparency
This paper examines the kinds of housing subsidies that are channeled through housing finance systems in economies experiencing high inflation and financial stress. While Argentina is used as a case study, the kinds of programs analyzed appear to be very similar to those in operation in other economies. The paper presents measures of the subsidy level and welfare costs of housing policy. It shows that both the subsidies and the welfare costs have been very large. Policies that would improve the targeting and transparency of the subsidies, and reduce the welfare losses are discussed.