Public Housing and the Value of Apartment Quality to Households
AbstractThis discussion paper led to a publication in 'Regional Science and Urban Economics' , 41(3), 207-13. The application of hedonic price approaches to obtain estimates of the households' value of apartment characteristics is invalid for regulated housing markets such as public housing. We introduce and apply an alternative method that allows us to estimate renters' marginal willingness to pay for apartment characteristics based on residential mobility. We focus on the households' marginal willingness to pay for quality of apartments. We find that, on average, households place a monetary value on quality which is close to the non-profit housing associations' costs of providing quality.
Download InfoIf 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.
Bibliographic InfoPaper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 10-085/3.
Date of creation: 30 Aug 2010
Date of revision:
Contact details of provider:
Web page: http://www.tinbergen.nl
Public housing; quality;
Other versions of this item:
- 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.
- R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
This paper has been announced in the following NEP Reports:
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.:
- Jos Van Ommeren & Mihails Hazans, 2005.
"The Workers' Value of the Remaining Employment Contract Duration,"
Tinbergen Institute Discussion Papers
05-069/3, Tinbergen Institute.
- Jos Van Ommeren & Mihails Hazans, 2005. "The workers' value of the remaining employment contract duration," Labor and Demography 0506006, EconWPA.
- Edward L. Glaeser & Andrei Shleifer, 1998.
Harvard Institute of Economic Research Working Papers
1852, Harvard - Institute of Economic Research.
- Gibbons, Stephen & Manning, Alan, 2006.
"The incidence of UK housing benefit: Evidence from the 1990s reforms,"
Journal of Public Economics,
Elsevier, vol. 90(4-5), pages 799-822, May.
- Steve Gibbons & Alan Manning, 2003. "The Incidence of UK Housing Benefit: Evidence from the 1990s Reforms," CEP Discussion Papers dp0597, Centre for Economic Performance, LSE.
- J. Currie & A. Yelowitz, .
"Are Public Housing Projects Good For Kids?,"
Institute for Research on Poverty Discussion Papers
1152-97, University of Wisconsin Institute for Research on Poverty.
- Van Ommeren, Jos & Fosgerau, Mogens, 2009.
"Workers' marginal costs of commuting,"
Journal of Urban Economics,
Elsevier, vol. 65(1), pages 38-47, January.
- Sheppard, Stephen, 1999.
"Hedonic analysis of housing markets,"
Handbook of Regional and Urban Economics,
in: P. C. Cheshire & E. S. Mills (ed.), Handbook of Regional and Urban Economics, edition 1, volume 3, chapter 41, pages 1595-1635
- Manning, Alan, 2003.
"The real thin theory: monopsony in modern labour markets,"
Elsevier, vol. 10(2), pages 105-131, April.
- Alan Manning, 2003. "The Real Thin Theory: Monopsony in Modern Labour Markets," CEP Discussion Papers dp0564, Centre for Economic Performance, LSE.
- Hackner, Jonas & Nyberg, Sten, 2000.
" Rent Control and Prices of Owner-Occupied Housing,"
Scandinavian Journal of Economics,
Wiley Blackwell, vol. 102(2), pages 311-24, June.
- Koning, Ruud H. & Ridder, Geert, 1997.
"Rent assistance and housing demand,"
Journal of Public Economics,
Elsevier, vol. 66(1), pages 1-31, October.
- Koning, R.H. & Ridder, G., 1993. "Rent assistance and housing demand," Serie Research Memoranda 0041, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
- Koning, R.H. & Ridder, G., 1993. "Rent Assistance and Housing Demand," Papers 544, Groningen State, Institute of Economic Research-.
- Henley, Andrew, 1998. "Residential Mobility, Housing Equity and the Labour Market," Economic Journal, Royal Economic Society, vol. 108(447), pages 414-27, March.
- Aki Kangasharju, 2010. "Housing Allowance and the Rent of Low-income Households," Scandinavian Journal of Economics, Wiley Blackwell, vol. 112(3), pages 595-617, 09.
- Patrick Bajari & C. Lanier Benkard, 2005. "Demand Estimation with Heterogeneous Consumers and Unobserved Product Characteristics: A Hedonic Approach," Journal of Political Economy, University of Chicago Press, vol. 113(6), pages 1239-1276, December.
- Timothy J. Gronberg & W. Robert Reed, 1994. "Estimating Workers' Marginal Willingness to Pay for Job Attributes Using Duration Data," Journal of Human Resources, University of Wisconsin Press, vol. 29(3), pages 911-931.
- Hosios, Arthur J, 1990. "On the Efficiency of Matching and Related Models of Search and Unemployment," Review of Economic Studies, Wiley Blackwell, vol. 57(2), pages 279-98, April.
- Sims, David P., 2007. "Out of control: What can we learn from the end of Massachusetts rent control?," Journal of Urban Economics, Elsevier, vol. 61(1), pages 129-151, January.
- Ommeren, Jos van & Berg, Gerard J. van den & Gorter, Cees, 1998.
"Estimating the marginal willingness to pay for commuting,"
Serie Research Memoranda
0046, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
- Jos van Ommeren & Gerard J. van den Berg & Cees Gorter, 2000. "Estimating the Marginal Willingness to Pay for Commuting," Journal of Regional Science, Wiley Blackwell, vol. 40(3), pages 541-563.
- Richard Arnott, 1995. "Time for Revisionism on Rent Control?," Journal of Economic Perspectives, American Economic Association, vol. 9(1), pages 99-120, Winter.
- Olsen, Edgar O. & Barton, David M., 1983. "The benefits and costs of public housing in New York City," Journal of Public Economics, Elsevier, vol. 20(3), pages 299-332, April.
- van den Berg, Gerard J, 1992. "A Structural Dynamic Analysis of Job Turnover and the Costs Associated with Moving to Another Job," Economic Journal, Royal Economic Society, vol. 102(414), pages 1116-33, September.
- Moon, Choon-Geol & Stotsky, Janet G, 1993. "The Effect of Rent Control on Housing Quality Change: A Longitudinal Analysis," Journal of Political Economy, University of Chicago Press, vol. 101(6), pages 1114-48, December.
- Martijn B.W. Kobus & Jos N. van Ommeren & Hans R.A. Koster & Piet Rietveld, 2013. "Congestible Goods and Hoarding: A Test based on Students' Use of University Computers," Tinbergen Institute Discussion Papers 13-083/VIII, Tinbergen Institute.
- Van Ommeren, Jos & Graaf-de Zijl, Marloes, 2013. "Estimating household demand for housing attributes in rent-controlled markets," Journal of Housing Economics, Elsevier, vol. 22(1), pages 11-19.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Antoine Maartens (+31 626 - 160 892)).
If references are entirely missing, you can add them using this form.