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U.S. housing voucher holders pay their landlord a fraction of household income and the government pays the rest, up to a rent ceiling. We study how two types of changes to the rent ceiling affect landlords and tenants. A policy that makes vouchers more generous across a metro area benefits...
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The condominium structure, which facilitates ownership of units in multi-family buildings, was only introduced to the US during the 1960s. We ask whether the subsequent development of condominiums encouraged high-income households to move to central cities. Although we document a strong positive...
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, social polarization, and gentrification. The book is divided into two parts. The first part presents contributions on …
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"This book takes a behavioural approach to examine six important housing questions : tenure decision making, neighbourhood decision making, housing prices, housing cycles, housing wealth effects, and housing satisfaction."
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