Rental Housing Wanted: Policy Options for Latin America and the Caribbean
Blanco Blanco, Andrés; Fretes Cibils, Vicente; Muñoz Miranda, Andrés
This study emphasizes the importance of the rental housing market and its potential as a tool for solving the main housing problems in the Latin American and Caribbean region, such as quantitative and qualitative deficits, limited affordability, and spatial segregation. Currently, one out of every five households in the region rents their home, with greater prevalence among some of the fastest growing population groups, such as youth, one-person households, divorced people, and the elderly. This suggests that support of the rental housing market may be a better way to satisfy the housing demand and increase residential and labor mobility.