ABSTRACT

Countries which are developing unitary rental markets possess large rental markets, accounting for between 40 and 70 per cent of the total housing stock, compared to between 20 and 40 per cent in dualist rental systems. In addition, the cost and profit rental stocks are not segregated off from one another into different forms of tenure as they are in Englishspeaking countries. Instead, ‘renting’ is one form of tenure even if there are variations in forms of provision, mostly between different categories of owner. In general there are therefore no fundamental tenure cleavages between rental housing owned by different kinds of landlords.