Rent-Control and Prices of Owner Occupied Housing
AbstractWe 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.
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Bibliographic InfoPaper provided by Stockholm University, Department of Economics in its series Research Papers in Economics with number 1997:7.
Length: 16 pages
Date of creation: 06 May 1998
Date of revision:
Publication status: Published in Scandinavian Journal of Economics, 2000, pages 213-222.
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Postal: Department of Economics, Stockholm, S-106 91 Stockholm, Sweden
Phone: +46 8 16 20 00
Fax: +46 8 16 14 25
Web page: http://www.ne.su.se/
More information through EDIRC
rent control; product differentiation; rationing;
Other versions of this item:
- D45 - Microeconomics - - Market Structure and Pricing - - - Rationing; Licensing
- D49 - Microeconomics - - Market Structure and Pricing - - - Other
This paper has been announced in the following NEP Reports:
- NEP-ALL-1998-05-13 (All new papers)
- NEP-MIC-1998-05-13 (Microeconomics)
- NEP-PBE-1998-05-13 (Public Economics)
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.:
- Richard Arnott, 1995. "Time for Revisionism on Rent Control?," Journal of Economic Perspectives, American Economic Association, vol. 9(1), pages 99-120, Winter.
- Daniel K. Fetter, 2013.
"The Home Front: Rent Control and the Rapid Wartime Increase in Home Ownership,"
NBER Working Papers
19604, National Bureau of Economic Research, Inc.
- 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.
- 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.
- 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.
- Bloze, Gintautas & Skak, Morten, 2009.
"Rent control and misallocation,"
Discussion Papers of Business and Economics
7/2009, Department of Business and Economics, University of Southern Denmark.
- Munch, Jakob Roland & Svarer, Michael, 2002.
"Rent control and tenancy duration,"
Journal of Urban Economics,
Elsevier, vol. 52(3), pages 542-560, November.
- 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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