Rent Control and Prices of Owner-Occupied Housing
AbstractWe examine the relation between rent control and prices of owner-occupied housing in the presence of different qualities of housing. While a rent ceiling and the price of condominiums are substitutes if housing is undifferentiated, it is shown that this is not necessarily the case when housing differs in quality. A complete dismantling of rent control may in fact increase the price of condominiums. Copyright 2000 by The editors of the Scandinavian Journal of Economics.
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Scandinavian Journal of Economics.
Volume (Year): 102 (2000)
Issue (Month): 2 (June)
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Web page: http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1467-9442
Other versions of this item:
- D45 - Microeconomics - - Market Structure and Pricing - - - Rationing; Licensing
- D49 - Microeconomics - - Market Structure and Pricing - - - Other
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Richard Arnott, 1995. "Time for Revisionism on Rent Control?," Journal of Economic Perspectives, American Economic Association, vol. 9(1), pages 99-120, Winter.
- Munch, Jakob Roland & Svarer, Michael, 2002.
"Rent control and tenancy duration,"
Journal of Urban Economics,
Elsevier, vol. 52(3), pages 542-560, November.
- Bloze, Gintautas & Skak, Morten, 2009.
"Rent control and misallocation,"
Discussion Papers of Business and Economics
7/2009, Department of Business and Economics, University of Southern Denmark.
- Van Ommeren, Jos & Koopman, Marnix, 2011.
"Public housing and the value of apartment quality to households,"
Regional Science and Urban Economics,
Elsevier, vol. 41(3), pages 207-213, May.
- Jos Van Ommeren & Marnix Koopman, 2010. "Public Housing and the Value of Apartment Quality to Households," Tinbergen Institute Discussion Papers 10-085/3, Tinbergen Institute.
- repec:dgr:uvatin:2010085 is not listed on IDEAS
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