The role of subsidized housing in reducing homelessness: An empirical investigation using micro-data
Additional funding for subsidized housing is one of the most commonly proposed solutions to the problem of homelessness. For example, the Interagency Council on the Homeless has called for a $2 billion increase in the budget of the Department of Housing and Urban Development (HUD) to address the shortage of subsidized housing. However, research on the effect of subsidized housing in reducing homelessness is far from conclusive. This study combines data from the American Housing Survey (AHS) with a survey of the homeless to estimate the effectiveness of subsidized housing in reducing homelessness. The results indicate that subsidized housing has not targeted those most at risk of being homeless, and therefore a simple expansion of existing housing programs will have little effect on the number of homeless.
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Volume (Year): 17 (1998)
Issue (Month): 4 ()
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- Mayo, Stephen K., 1981. "Theory and estimation in the economics of housing demand," Journal of Urban Economics, Elsevier, vol. 10(1), pages 95-116, July.
- John M. Quigley, 1990. "Does rent control cause homelessness? taking the claim seriously," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 9(1), pages 89-93.
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