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Supply Response to the Housing Allowance Program

Author

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  • C. Peter Rydell

    (The Rand Corporation, Santa Monica, California 90406 USA)

Abstract

If there were no supply response to the housing allowance program, the demand shift caused by the program would be large enough to cause a serious increase in the price of standard housing services. How-ever, three supply responses prevent the potential price increase from occurring: repair of substandard housing, supply adjustment, and occupancy rate adjustment. The first supply response reduces the potential price increase by two-thirds, the first and second together reduce it by four-fifths, and all three together reduce it by 97 percent.

Suggested Citation

  • C. Peter Rydell, 1980. "Supply Response to the Housing Allowance Program," International Regional Science Review, , vol. 5(2), pages 119-138, August.
    • Handle: RePEc:sae:inrsre:v:5:y:1980:i:2:p:119-138
    DOI: 10.1177/016001768000500202
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    References listed on IDEAS

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    1. David M. Blank & Louis Winnick, 1953. "The Structure of the Housing Market," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 67(2), pages 181-208.
    2. C. Peter Rydell & John E. Mulford & Lawrence W. Kozimor, 1979. "Participation Rates in Government Transfer Programs: Application to Housing Allowances," Management Science, INFORMS, vol. 25(5), pages 444-453, May.
    3. de Leeuw, Frank & Ekanem, Nkanta F, 1971. "The Supply of Rental Housing," American Economic Review, American Economic Association, vol. 61(5), pages 806-817, December.
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    Cited by:

    1. Crews Cutts, Amy & Olsen, Edgar O., 2002. "Are Section 8 housing subsidies too high?," Journal of Housing Economics, Elsevier, vol. 11(3), pages 214-243, September.
    2. Laferrere, Anne & Le Blanc, David, 2004. "How do housing allowances affect rents? An empirical analysis of the French case," Journal of Housing Economics, Elsevier, vol. 13(1), pages 36-67, March.

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