Collective action problems: Difference between revisions

A 2009 survey found that the literature on the political science (or political economy) challenges of achieving housing reform is very limited,¹ and argued that the economic incentives and institutional support for political scientists to study housing are insufficient, despite the important contributions that could be made. A later paper by the same author noted that the longevity and physical sluggishness of the housing stock make the politics of housing particularly challenging.²

 

 

One of the rare formal papers on the political economy of housing demonstrated that the ‘most natural way to break the vicious circle of housing undersupply is to create simple legal instruments through which local communities can appropriate windfall gains.’⁴