Development of the Rental Housing Market in Latin America and the Caribbean
Experience in northern and developed countries suggests that a well functioning rental sector (potentially including both social and private renting) is an important component of a complete and effective housing system, offering more solutions to meet a full spectrum of demands and needs. As such, it is appropriate to explore the opportunities for the Bank to support the rental options alongside the traditional lending and program focus that has generally favored homeownership. This paper seeks to outline the existing tenure patterns across Latin American and Caribbean (LAC) countries, identify the prerequisite features of effective rental sectors- based on experience in developed OECD countries-, and outline the necessary steps to develop and expand the rental sector in LAC countries. This includes consideration of both the private (private investors) and community rental sector (community based nonprofit and cooperative ownership).
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Format: | Discussion Papers & Presentations biblioteca |
Language: | English |
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Inter-American Development Bank
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Subjects: | Housing, LAC;Rental Housing Market; Latin America and the Caribbean; Latin America; Caribbean, |
Online Access: | http://dx.doi.org/10.18235/0006788 https://publications.iadb.org/en/development-rental-housing-market-latin-america-and-caribbean |
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dig-bid-node-112202024-05-30T19:40:38ZDevelopment of the Rental Housing Market in Latin America and the Caribbean 2011-02-01T00:00:00+0000 http://dx.doi.org/10.18235/0006788 https://publications.iadb.org/en/development-rental-housing-market-latin-america-and-caribbean Inter-American Development Bank Housing LAC;Rental Housing Market; Latin America and the Caribbean; Latin America; Caribbean Experience in northern and developed countries suggests that a well functioning rental sector (potentially including both social and private renting) is an important component of a complete and effective housing system, offering more solutions to meet a full spectrum of demands and needs. As such, it is appropriate to explore the opportunities for the Bank to support the rental options alongside the traditional lending and program focus that has generally favored homeownership. This paper seeks to outline the existing tenure patterns across Latin American and Caribbean (LAC) countries, identify the prerequisite features of effective rental sectors- based on experience in developed OECD countries-, and outline the necessary steps to develop and expand the rental sector in LAC countries. This includes consideration of both the private (private investors) and community rental sector (community based nonprofit and cooperative ownership). Inter-American Development Bank Steve Pomeroy Marc Godbout Discussion Papers & Presentations application/pdf IDB Publications The Caribbean Central America South America en |
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Estados Unidos |
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biblioteca |
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America del Norte |
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Biblioteca Felipe Herrera del BID |
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English |
topic |
Housing LAC;Rental Housing Market; Latin America and the Caribbean; Latin America; Caribbean Housing LAC;Rental Housing Market; Latin America and the Caribbean; Latin America; Caribbean |
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Housing LAC;Rental Housing Market; Latin America and the Caribbean; Latin America; Caribbean Housing LAC;Rental Housing Market; Latin America and the Caribbean; Latin America; Caribbean Inter-American Development Bank Development of the Rental Housing Market in Latin America and the Caribbean |
description |
Experience in northern and developed countries suggests that a well functioning rental sector (potentially including both social and private renting) is an important component of a complete and effective housing system, offering more solutions to meet a full spectrum of demands and needs. As such, it is appropriate to explore the opportunities for the Bank to support the rental options alongside the traditional lending and program focus that has generally favored homeownership. This paper seeks to outline the existing tenure patterns across Latin American and Caribbean (LAC) countries, identify the prerequisite features of effective rental sectors- based on experience in developed OECD countries-, and outline the necessary steps to develop and expand the rental sector in LAC countries. This includes consideration of both the private (private investors) and community rental sector (community based nonprofit and cooperative ownership). |
author2 |
Steve Pomeroy |
author_facet |
Steve Pomeroy Inter-American Development Bank |
format |
Discussion Papers & Presentations |
topic_facet |
Housing LAC;Rental Housing Market; Latin America and the Caribbean; Latin America; Caribbean |
author |
Inter-American Development Bank |
author_sort |
Inter-American Development Bank |
title |
Development of the Rental Housing Market in Latin America and the Caribbean |
title_short |
Development of the Rental Housing Market in Latin America and the Caribbean |
title_full |
Development of the Rental Housing Market in Latin America and the Caribbean |
title_fullStr |
Development of the Rental Housing Market in Latin America and the Caribbean |
title_full_unstemmed |
Development of the Rental Housing Market in Latin America and the Caribbean |
title_sort |
development of the rental housing market in latin america and the caribbean |
publisher |
Inter-American Development Bank |
url |
http://dx.doi.org/10.18235/0006788 https://publications.iadb.org/en/development-rental-housing-market-latin-america-and-caribbean |
work_keys_str_mv |
AT interamericandevelopmentbank developmentoftherentalhousingmarketinlatinamericaandthecaribbean |
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1806236921187270656 |