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  • 1.
    Mangold, Mikael
    et al.
    RISE Research Institutes of Sweden, Samhällsbyggnad, Systemomställning och tjänsteinnovation.
    Bohman, Helena
    Malmö University, Sweden.
    Johansson, Tim
    RISE Research Institutes of Sweden, Samhällsbyggnad, Systemomställning och tjänsteinnovation.
    von Platten, Jenny
    RISE Research Institutes of Sweden, Samhällsbyggnad, Systemomställning och tjänsteinnovation. Lund University, Sweden.
    Increased rent misspent?: How ownership matters for renovation and rent increases in rental housing in Sweden2023Inngår i: International journal of housing policy, ISSN 1949-1247, E-ISSN 1949-1255Artikkel i tidsskrift (Fagfellevurdert)
    Abstract [en]

    Renovations of the housing rental stock have become a political concern since they have been claimed to drive gentrification and affect tenants’ everyday lives as well as long-term housing conditions. Furthermore, new actors have entered the market, partly as a result of high supply on the international capital markets creating a flow of capital into market segments. This has led to a critique of private equity in the housing sector, and raised the question of the extent to which ownership of the rental stock matters for housing affordability. Yet there seems to be little systematic research on this topic. This study uses a unique dataset covering the entire rental housing stock in Sweden to address whether there are differences in renovation investments between different ownership groups. The purpose of this article is to increase understanding of how ownership affects renovation processes, and specifically to analyse to what extent, and how, private and public actors differ in renovation and rent setting decisions. Our results demonstrate that public housing companies raised rents less and renovated more, particularly in the lower-income segments of the multi-family building stock between 2014 and 2020. © 2023 The Author(s). 

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