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Rent Control and Prices of Owner-Occupied Housing

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  • Hackner, Jonas
  • Nyberg, Sten

Abstract

We 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 Info

Article provided by Wiley Blackwell in its journal Scandinavian Journal of Economics.

Volume (Year): 102 (2000)
Issue (Month): 2 (June)
Pages: 311-24

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Handle: RePEc:bla:scandj:v:102:y:2000:i:2:p:311-24

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  1. Richard Arnott, 1995. "Time for Revisionism on Rent Control?," Journal of Economic Perspectives, American Economic Association, vol. 9(1), pages 99-120, Winter.
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Cited by:
  1. Daniel Fetter, 2013. "The Home Front: Rent control and the rapid wartime increase in home ownership," Discussion Papers 13-005, Stanford Institute for Economic Policy Research.
  2. repec:dgr:uvatin:2010085 is not listed on IDEAS
  3. Jakob Roland Munch & Michael Svarer, . "Rent Control and Tenancy Duration," Economics Working Papers 2001-7, School of Economics and Management, University of Aarhus.
  4. Morten Skak & Gintautas Bloze, 2013. "Rent Control and Misallocation," Urban Studies, Urban Studies Journal Limited, vol. 50(10), pages 1988-2005, August.
  5. 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.

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