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Rent-Control and Prices of Owner Occupied Housing

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Author Info

  • Häckner, Jonas

    ()
    (Dept. of Economics, Stockholm University)

  • Nyberg, Sten

    ()
    (Dept. of Economics, Stockholm University)

Abstract

We 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 Info

Paper provided by Stockholm University, Department of Economics in its series Research Papers in Economics with number 1997:7.

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Length: 16 pages
Date of creation: 06 May 1998
Date of revision:
Publication status: Published in Scandinavian Journal of Economics, 2000, pages 213-222.
Handle: RePEc:hhs:sunrpe:1997_0007

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Postal: Department of Economics, Stockholm, S-106 91 Stockholm, Sweden
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Web page: http://www.ne.su.se/
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Keywords: rent control; product differentiation; rationing;

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References

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  1. Richard Arnott, 1995. "Time for Revisionism on Rent Control?," Journal of Economic Perspectives, American Economic Association, vol. 9(1), pages 99-120, Winter.
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Cited by:
  1. 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.
  2. 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.
  3. Jakob Roland Munch & Michael Svarer, . "Rent Control and Tenancy Duration," Economics Working Papers 2001-7, School of Economics and Management, University of Aarhus.
  4. 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.
  5. Morten Skak & Gintautas Bloze, 2013. "Rent Control and Misallocation," Urban Studies, Urban Studies Journal Limited, vol. 50(10), pages 1988-2005, August.

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