Housing market institutions

This article provides an introduction to the institutional character of different housing systems, the interplay between institutions, and the effect on housing market outcomes. Private sector, community-based, and public sector organisations are compared in order to evaluate their roles in housing sector dynamics. In addition to formal organisations, informal institutional forms in housing markets need to be considered, such as national perceptions and local customs. In order to engender a comparative perspective, this article takes an interest in the diversity of institutional tone between different markets.