Abstract
The housing market in the United Kingdom is composed of four distinct yet interrelated markets and tenures: private owner-occupied and private rented accommodation; the public sector, consisting of the local authority stock; and housing association accommodation, which provides social housing but is not in the public sector. These markets are related through a pattern of flows complicated by contractual obligations, ownership, property rights and government intervention: from privately rented either to owner-occupation or to the social sector; and from social housing to owner-occupation.
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© 1995 Paul N. Balchin, Gregory H. Bull and Jeffrey L. Kieve
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Balchin, P.N., Bull, G.H., Kieve, J.L. (1995). Housing. In: Urban Land Economics and Public Policy. Building and Surveying Series. Palgrave, London. https://doi.org/10.1007/978-1-349-13652-0_9
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DOI: https://doi.org/10.1007/978-1-349-13652-0_9
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