We exploit quasi-experimental variation in assignment of rent control to study its impacts on tenants, landlords, and … the overall rental market. Leveraging new data tracking individuals' migration, we find rent control increased renters …' probabilities of staying at their addresses by nearly 20%. Landlords treated by rent control reduced rental housing supply by 15 …

.60. Moreover, we show that households' decisions whether to own or rent are sensitive to this "moving-hedge" value. We find that …

queuing frictions in the market for public housing. Having access to rent-stabilized housing increases household welfare by up …

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 …

in house values. However, homeownership also provides a hedge against fluctuations in future rent payments. This paper … finds that, even though house price risk endogenously increases with rent risk, the latter empirically dominates for most … households so housing market risk actually increases homeownership rates and house prices. Further, the net effect of rent risk …

Real estate markets are periodically plagued by excess supply, rent concessions and few arms-length transactions …

. Subsequently, housing-price inequality has risen to pre-War levels, while rent inequality has risen less. Combining both measures …

rent are strongly correlated with perceptions of house price risk. Households' exposure to housing risk due to financial … constraints, expected mobility or labor income risk affect the decision to buy versus rent but do not mitigate the impact of risk …