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Homeownership, Renting and Society : Historical and Comparative Perspectives (Hardcover) (Sebastian
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Why are most Americans homeowners, while most Germans remain tenants? This book argues that it is less a cultural divide, but rather institutional differences in urban design, mortgage institutions and the construction sector which set the countries on diverging housing paths, beginning in the 19th Century and remaining stable ever since. This book advances path-dependence approaches in housing studies, and connects housing with the vast urban-history and political-economy literature. Offering comprehensive insights about the case of a tenants’ country which contradicts the tendency towards universal homeownership, this book will appeal to scholars and students of sociology, housing, urban studies, and political economy.