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Persistent link: https://www.econbiz.de/10003721181
Under tenancy rent control, rents are regulated within a tenancy but not between tenancies. This paper investigates the … effects of tenancy rent control on housing quality and maintenance. Since the discounted revenue received over a fixed …-duration tenancy depends only on the starting rent, intuitively the landlord has an incentive to spruce up the unit between tenancies …
Persistent link: https://www.econbiz.de/10010237287
coalition to implement a new rent control called "Mietpreisbremse" in 2015 (literally a brake on rental prices). This reform … always uphold the rent paid by previous tenant. I apply a classical difference-in-difference strategy and a new changes …
Persistent link: https://www.econbiz.de/10011557784
Persistent link: https://www.econbiz.de/10001623748
conditions under which a rent-seeking behavior becomes unprofitable for the elite? The article associates them with excess income … establish an OAO. The conclusion made is that, in theory, LAO and OAO are completely reversible, although there are no …
Persistent link: https://www.econbiz.de/10012926131
Under tenancy rent control, rents are regulated within a tenancy but not between tenancies. This paper investigates the … effects of tenancy rent control on housing quality and maintenance. Since the discounted revenue received over a fixed …-duration tenancy depends only on the starting rent, intuitively the landlord has an incentive to spruce up the unit between tenancies …
Persistent link: https://www.econbiz.de/10013058510
particular, we measure beliefs about and preferences for rent control - a policy that is widely regarded as harmful by experts … effects of rent control on rent prices and housing supply and with information about the consensus among economists against … rent control. We find that people update their beliefs and that this leads to lower demand for rent control. Left …
Persistent link: https://www.econbiz.de/10012591214
particular, we measure beliefs about and preferences for rent control -- a policy that is widely regarded as harmful by experts … effects of rent control on rent prices and housing supply and with information about the consensus among economists against … rent control. We find that people update their beliefs and that this leads to lower demand for rent control. Left …
Persistent link: https://www.econbiz.de/10013219778
units due to rent control in New York City. This methodology involves comparing the relative consumption of different … demographic groups within the rent controlled area with the relative levels of consumption in a free market area. Our best … estimate of the costs of rent control in New York due to the misallocation of rental apartments is 200 dollars per apartment …
Persistent link: https://www.econbiz.de/10013221092
housing. When part of the market faces rent control, theory predicts an increase of free-market rents, a consequence of … introduction of rent control. Further, we document that rent control reduced the propensity to move house within rent controlled …
Persistent link: https://www.econbiz.de/10012109845