The role of rental housing in developing countries : a need for balance

Abstract

Available statistics indicate that between one-third and two-thirds of the housing in cities of the developing world is occupied under some form of rental tenure, and there is no reason to expect these numbers to diminish. Data from a variety of cities suggests that occupants of rental housing are often as well served as homeowners, in terms of access to space and infrastructure. Data also indicate that in the absence of government policies, such as rent control, an active rental subsector may be particularly effective in delivery of improved living conditions to the lower income segments of the urban population and may increase total rates of private sector capital formation and investment in housing. Rental housing thus merits balanced attention in national housing policy and project design. Rentals are not a substitute for owner-occupied housing but rather serve a different market, a market often neglected because of the bias against rentals. Continued attention is needed to assure that policies and practices of the participants in Bank-sponsored urban development do not discriminate against rental housing.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 11 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.