Rent control and prices of owner-occupied housing

Citation
J. Hackner et S. Nyberg, Rent control and prices of owner-occupied housing, SC J ECON, 102(2), 2000, pp. 311-324
Citations number
9
Categorie Soggetti
Economics
Journal title
SCANDINAVIAN JOURNAL OF ECONOMICS
ISSN journal
03470520 → ACNP
Volume
102
Issue
2
Year of publication
2000
Pages
311 - 324
Database
ISI
SICI code
0347-0520(2000)102:2<311:RCAPOO>2.0.ZU;2-P
Abstract
We examine the relation between rent control and prices of owner-occupied h ousing in the presence of different qualities of housing. While a rent ceil ing and the price of condominiums are substitutes if housing is undifferent iated it is shown that this is not necessarily the case when housing differ s in quality. A complete dismantling of rent control may in fact increase t he price of condominiums.