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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 …
Persistent link: https://www.econbiz.de/10015145106
, financial security, and mental health. We find that assistance increased rent payment modestly and improved mental health …
Persistent link: https://www.econbiz.de/10014544741
More than two million U.S. households have an eviction case filed against them each year. Policymakers at the federal, state, and local levels are increasingly pursuing policies to reduce the number of evictions, citing harm to tenants and high public expenditures related to homelessness. We...
Persistent link: https://www.econbiz.de/10013362036
' probabilities of staying at their addresses by nearly 20%. Landlords treated by rent control reduced rental housing supply by 15 … benefits to covered tenants. Welfare losses from decreased housing supply could be mitigated if insurance against rent …We exploit quasi-experimental variation in assignment of rent control to study its impacts on tenants, landlords, and …
Persistent link: https://www.econbiz.de/10012453532
We provide evidence of intensified discriminatory behavior by landlords in the rental housing market during the eviction moratoria instituted during the COVID-19 pandemic. Using data collected from an experiment that involved more than 25,000 inquiries of landlords in the 50 largest cities in...
Persistent link: https://www.econbiz.de/10014512143
landlords and renters lack commitment; a landlord evicts a delinquent tenant if they do not expect total future rent payments to … cover costs, while tenants cannot commit to paying more rent than they would be able or willing to pay given their outside … adverse shock. Finally, rent support can effectively eliminate evictions even without covering all missed rent and delivers …
Persistent link: https://www.econbiz.de/10015072840
estimates of supply and demand elasticities, which we use to estimate the drop in natural gas prices that is attributable to the …, we provide the first estimates of broad-scale welfare and distributional implications of this supply boom. We provide new … supply expansion. We calculate large, positive welfare impacts for four broad sectors of gas consumption (residential …
Persistent link: https://www.econbiz.de/10012457551
queuing frictions in the market for public housing. Having access to rent-stabilized housing increases household welfare by up … to $65,000. Increasing the supply of affordable housing by ten percent significantly improves the welfare of all renters …
Persistent link: https://www.econbiz.de/10012479964
By constraining an individual's choice during a search, housing discrimination distorts sorting decisions away from true preferences and results in a ceteris paribus reduction in welfare. This study combines a large-scale field experiment with a residential sorting model to derive...
Persistent link: https://www.econbiz.de/10012599339
In this essay, we review the basic economics of housing supply and the functioning of US housing markets to better …
Persistent link: https://www.econbiz.de/10012453878