overage options to that of the tenant renewal option at the same initial rent. As a result, not only are the values of the …

costs are on the order of 2 to 3 months of rent, and the majority of evictions involve tenants who are unlikely to pay going …-term rent subsidies are more likely to prevent evictions of tenants who would resume paying …

Residential properties with the lowest rent levels provide the highest investment returns to their owners. Using … detailed rent, cost, and price data from the United States, Belgium, and The Netherlands, we show that this phenomenon holds … across housing markets and time. If anything, low-rent units hedge business cycle risk. We also find no evidence for …