Rent Control and Prices of Owner-Occupied Housing.
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. Copyright 2000 by The editors of the Scandinavian Journal of Economics.
Year of publication: |
2000
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Authors: | Hackner, Jonas ; Nyberg, Sten |
Published in: |
Scandinavian Journal of Economics. - Wiley Blackwell, ISSN 1467-9442. - Vol. 102.2000, 2, p. 311-24
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Publisher: |
Wiley Blackwell |
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