articles: Economic impacts of subsidized housing relocation
In recent years increased emphasis has been placed on use of "tenant-based" housing subsidies for acquisition of market-rate housing that is more economically and racially integrated than traditional "project-based" public housing. In this article, we model the short-term economic effects upon various groups of a hypothetical program in which low-income families move from inner-city public housing to spatially dispersed Section 8 rental housing. Using cross-section data from the Chicago region, impacts are computed for two of these groups. Preliminary results indicate that the short-term net economic impact of this hypothetical housing relocation is negative, that these impacts have a spatial character, and that there is a potential tradeoff between tenant benefits, housing subsidies from society and housing integration.
Volume (Year): 78 (1999)
Issue (Month): 3 ()
|Note:||Received: 20 January 1998|
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