Journal ArticleDOI
Housing Deterioration, Housing Codes and Rent Control:
TLDR
In this article, the authors developed an optimal control model of the housing life cycle and extended this model to incorporate housing codes and rent control with respect to the goal of encouraging housing stability and thus neighbourhood stability.Abstract:
The life cycle of a dwelling unit is a succession of tenants, generally proceeding to lower-income groups, and a sequence of quality levels, generally ending in a dilapidated state. The process of tenant turnover mirrors a neighbourhood turnover process which is identified as contributing to antagonism between social classes. The paper develops an optimal control model of the housing life cycle and extends this model to incorporate housing codes and rent control. The efficacy of these two popular policy instruments is investigated with respect to the goal of encouraging housing stability and thus neighbourhood stability.read more
Citations
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Journal ArticleDOI
Predicting Housing Abandonment with the Philadelphia Neighborhood Information System
TL;DR: This study used logistic regression to analyze data from the Philadelphia Neighborhood Information System in order to determine which properties were most likely to become imminently dangerous.
Journal ArticleDOI
The Effect of Rent Control on Housing Quality Change: A Longitudinal Analysis
TL;DR: This paper examined the effect of rent control on the quality of rental housing in New York City and found that quality change is linked to the suppression of rent below market levels and other characteristics of the housing unit.
Journal ArticleDOI
What do economists know about the effect of rent control on housing maintenance
TL;DR: In this article, the effect of rent control on the maintenance of controlled apartments is investigated and it is shown that the models are seriously deficient in that they ignore essential features of actual rent control ordinances and important responses to them.
Journal ArticleDOI
What Do We Know about Apartments and Their Markets
TL;DR: In this paper, the authors provide an overview of academic studies of the apartment market and outline directions for future research, focusing on the major themes in apartment market research, such as:
Journal ArticleDOI
Rental externality, tenure security, and housing quality
Shinichiro Iwata,Hisaki Yamaga +1 more
TL;DR: In this article, the effect of the rental externality and tenure security on single-family housing quality was investigated in Japan and it was shown that the quality of renter-occupied homes is lower than that of owner-occupied ones.
References
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Journal ArticleDOI
An Econometric Analysis of Rent Control
TL;DR: In this article, it is estimated that occupants of controlled housing consumed 4.4 percent less housing service and 9.9 percent more nonhousing goods than they would have consumed in the absence of rent control.
Journal ArticleDOI
The Economics of Urban Renewal
Otto A. Davis,Andrew B. Whinston +1 more
TL;DR: In this article, the authors discuss the role of the economist in urban renewal, and propose the use of welfare economics to evaluate public policy measures such as urban renewal in the context of urban renewal.