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Length of residence discounts, turnover, and demand elasticity. Should long-term tenants pay less than new tenants?

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  • Barker, David
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    Article provided by Elsevier in its journal Journal of Housing Economics.

    Volume (Year): 12 (2003)
    Issue (Month): 1 (March)
    Pages: 1-11

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    Handle: RePEc:eee:jhouse:v:12:y:2003:i:1:p:1-11

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    Web page: http://www.elsevier.com/locate/inca/622881

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    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.:
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    1. John D. Benjamin & James D. Shilling & C. F. Sirmans, 1992. "Security Deposits, Adverse Selection and Office Leases," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 20(2), pages 259-272.
    2. Guasch, J. Luis & Marshall, Robert C., 1987. "A theoretical and empirical analysis of the length of residency discount in the rental housing market," Journal of Urban Economics, Elsevier, vol. 22(3), pages 291-311, November.
    3. William B. Shear, 1983. "A Note on Occupancy Turnover in Rental Housing Units," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 11(4), pages 525-538.
    4. Allen C. Goodman & Masahiro Kawai, 1985. "Length-of-Residence Discounts and Rental Housing Demand: Theory and Evidence," Land Economics, University of Wisconsin Press, vol. 62(2), pages 93-105.
    5. Gabriel, Stuart A. & Nothaft, Frank E., 2001. "Rental Housing Markets, the Incidence and Duration of Vacancy, and the Natural Vacancy Rate," Journal of Urban Economics, Elsevier, vol. 49(1), pages 121-149, January.
    6. Miceli, Thomas J. & Sirmans, C. F., 1999. "Tenant Turnover, Rental Contracts, and Self-Selection," Journal of Housing Economics, Elsevier, vol. 8(4), pages 301-311, December.
    7. Benjamin, John D. & Boyle, Glenn W. & Sirmans, C. F., 1992. "Price discrimination in shopping center leases," Journal of Urban Economics, Elsevier, vol. 32(3), pages 299-317, November.
    8. Flath, David, 1980. "The Economics of Short-Term Leasing," Economic Inquiry, Western Economic Association International, vol. 18(2), pages 247-59, April.
    9. Hubert, Franz, 1995. "Contracting with costly tenants," Regional Science and Urban Economics, Elsevier, vol. 25(5), pages 631-654, October.
    10. John D. Benjamin & Glenn W. Boyle & C. F. Sirmans, 1990. "Retail Leasing: The Determinants of Shopping Center Rents," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 18(3), pages 302-312.
    11. John D. Benjamin & Kenneth M. Lusht & James D. Shilling, 1998. "What Do Rental Contracts Reveal About Adverse Selection and Moral Hazard in Rental Housing Markets?," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 26(2), pages 309-329.
    12. Weinberg, Daniel H. & Friedman, Joseph & Mayo, Stephen K., 1981. "Intraurban residential mobility: The role of transactions costs, market imperfections, and household disequilibrium," Journal of Urban Economics, Elsevier, vol. 9(3), pages 332-348, May.
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    Cited by:
    1. Fuchs, Benjamin & Fitzenberger, Bernd, 2013. "Tenancy Law Reform Act and Length of Tenancy Discount: Heterogenous Effects in a West German Household Sample," Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79723, Verein für Socialpolitik / German Economic Association.
    2. Timothy K.M. Beatty & Dag Einar Sommervoll, 2008. "Discrimination in Europe. Evidence from the Rental Market," Discussion Papers 547, Research Department of Statistics Norway.
    3. Red Larsen, Erling & Sommervoll, Dag Einar, 2009. "The impact on rent from tenant and landlord characteristics and interaction," Regional Science and Urban Economics, Elsevier, vol. 39(3), pages 316-322, May.
    4. Beatty, Timothy K.M. & Sommervoll, Dag Einar, 2012. "Discrimination in rental markets: Evidence from Norway," Journal of Housing Economics, Elsevier, vol. 21(2), pages 121-130.

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