Gentrification Through the Sale of Rental Housing? Evidence from Amsterdam

Tinbergen Institute Discussion Paper 2018-022/VIII

29 Pages Posted: 12 Mar 2018

See all articles by Jan Rouwendal

Jan Rouwendal

VU University Amsterdam - Department of Spatial Economics; Tinbergen Institute

Adriaan Keus

VU University Amsterdam

Jasper Dekkers

Vrije Universiteit Amsterdam, School of Business and Economics

Date Written: March 1, 2018

Abstract

This paper analyzes the impact of the sale of rental housing in Amsterdam on the local housing market. This increases the supply of owner-occupied housing, but can also contribute to gentrification associated with the inflow of different household groups. Earlier literature focused on the former effect and reported a negative price effect. We take a fresh look at the issue by considering the sale of private as well as social rental housing, allow for differing time trends within the municipality, controlling for area fixed effects, distinguishing between short and long-term impacts and addressing endogeneity of the sale of rental housing. The main finding is a robust gentrifying effect of the sale of private rental housing in the core area of Amsterdam.

Keywords: gentrification, social housing, Dutch housing market

JEL Classification: R21, R23, R31

Suggested Citation

Rouwendal, Jan and Keus, Adriaan and Dekkers, Jasper, Gentrification Through the Sale of Rental Housing? Evidence from Amsterdam (March 1, 2018). Tinbergen Institute Discussion Paper 2018-022/VIII, Available at SSRN: https://ssrn.com/abstract=3135874 or http://dx.doi.org/10.2139/ssrn.3135874

Jan Rouwendal (Contact Author)

VU University Amsterdam - Department of Spatial Economics ( email )

De Boelelaan 1105
1081HV Amsterdam
Netherlands

Tinbergen Institute ( email )

Burg. Oudlaan 50
Rotterdam, 3062 PA
Netherlands

Adriaan Keus

VU University Amsterdam

De Boelelaan 1105
Amsterdam, ND North Holland 1081 HV
Netherlands

Jasper Dekkers

Vrije Universiteit Amsterdam, School of Business and Economics ( email )

De Boelelaan 1105
Amsterdam, 1081HV
Netherlands

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
38
Abstract Views
306
PlumX Metrics