Regulation as Social Policy: Home Evictions and Repossessions in the Uk and Sweden
Year: 2015
Type: article
Abstract: This article asks how the UK and Sweden regulate, prevent, or mitigate the consequences of mortgage‐related household eviction and repossession. Contrary to initial expectations, the findings show a growth and diversity in both regulation and social spending in the UK intended to address this social issue; something that has not occurred in Sweden. In the UK's liberal ‘regulatory welfare regime’, the aim is to prevent the eviction and repossession of vulnerable borrowers who have defaulted on their housing loan. In the Swedish social democratic ‘regulatory welfare regime’, effort focuses instead on minimizing the risk of default before it occurs rather than after the fact. These findings offer a more nuanced understanding of the relations between regulation and welfare more generally, demonstrating that regulation may be used as a form of social policy once the welfare state has failed, as a safety net of last resort.
Source: Public Administration
DOI: 10.1111/padm.12171
Author: HANAN HABER
Institution: Hebrew University of Jerusalem
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: green
Funder: Hebrew University of Jerusalem
OpenAlex ID: W1486026721