Advanced Search
MyIDEAS: Login to save this article or follow this journal

Do subsidized housing units depreciate faster than unsubsidized ones?

Contents:

Author Info

  • Walters, Christopher R.
Registered author(s):

    Abstract

    The economics literature provides considerable evidence on the performance of low-income housing programs. One issue that has not been adequately addressed by previous studies is the relative depreciation rates of subsidized and unsubsidized housing units. Simple economic theory suggests that subsidized projects should depreciate more quickly than unsubsidized units, as the rents received by owners of these projects do not depend directly on the condition of their units provided that they meet minimum housing standards. However, many government programs aimed at modernizing subsidized housing projects exist. Whether there is a difference between the depreciation rates of subsidized and unsubsidized housing units is therefore an empirical question. Using panel data from the American Housing Survey, I find that there is no significant difference in the depreciation rates of subsidized and unsubsidized housing units over the period from 1985 to 2005.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.sciencedirect.com/science/article/B6WJR-4VNH3Y7-1/2/33e68df7240847d43d23fac2b03042d3
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Housing Economics.

    Volume (Year): 18 (2009)
    Issue (Month): 1 (March)
    Pages: 49-58

    as in new window
    Handle: RePEc:eee:jhouse:v:18:y:2009:i:1:p:49-58

    Contact details of provider:
    Web page: http://www.elsevier.com/locate/inca/622881

    Related research

    Keywords: Public housing Housing depreciation Housing supply and markets;

    References

    References listed on IDEAS
    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.:
    as in new window
    1. Shroder, Mark, 2002. "Does housing assistance perversely affect self-sufficiency? A review essay," Journal of Housing Economics, Elsevier, vol. 11(4), pages 381-417, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:eee:jhouse:v:18:y:2009:i:1:p:49-58. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.