Rent Control, Rental Housing Supply, and the Distribution of Tenant Benefits

Posted: 19 Feb 2001

See all articles by Dirk W. Early

Dirk W. Early

Southwestern University - Department of Economics and Business

Abstract

This paper estimates the net benefits of rent control to tenants in New York City. Although other studies have measured these benefits, all assume that the price per unit of rental housing service in the uncontrolled sector is unaffected by the existence of rent controls. That assumption is relaxed in this study. The results suggest that, controlling for higher prices in the uncontrolled sector, the average benefit to tenants in regulated units is negative. This implies that, on average, tenants in rent regulated units would be better off if these controls had never been established.

Suggested Citation

Early, Dirk W., Rent Control, Rental Housing Supply, and the Distribution of Tenant Benefits. Journal of Urban Economics, Vol. 48, No. 2, September 2000, Available at SSRN: https://ssrn.com/abstract=244589

Dirk W. Early (Contact Author)

Southwestern University - Department of Economics and Business ( email )

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