Mense, Andreas - 2020 - This version: February 26, 2020; first version: January 10, 2020
I estimate the impact of market-rate new housing supply on the local rent distribution. As an exogenous shifter of new … new housing supply shift the rent distribution as a whole, suggesting that market-rate new housing supply effectively … housing supply, I exploit local weather shocks during the construction phase that lead to temporary delays in housing …