Do Rent Increases Reduce the Housing Supply Under Rent Control? Evidence from Evictions in San Francisco

107 Pages Posted: 20 Apr 2018 Last revised: 25 Aug 2019

Multiple version iconThere are 2 versions of this paper

Date Written: August 21, 2019

Abstract

Rent control balances strong tenant protections with supply-side incentives for landlords. However, cities with rent control are also some of the United States' most unaffordable, prompting questions about how well these incentives are working. I examine how controlled landlords change their housing supply in response to price increases using a well-identified hyper-local demand shock: the privately operated commuter shuttle systems in San Francisco. Controlled landlords increased market withdrawal lings and became less likely to create vacancies via evictions in response to a shuttle stop placement. Policies raising barriers to market withdrawals prompted controlled landlords to respond by increasing their at-fault evictions.

Keywords: Rent Control, Evictions, Private Transportation, LASSO

JEL Classification: R31, R32, R52, K11

Suggested Citation

Asquith, Brian, Do Rent Increases Reduce the Housing Supply Under Rent Control? Evidence from Evictions in San Francisco (August 21, 2019). Available at SSRN: https://ssrn.com/abstract=3165599 or http://dx.doi.org/10.2139/ssrn.3165599

Brian Asquith (Contact Author)

Upjohn Institute ( email )

300 South Westnedge Avenue
Kalamazoo, MI 49007-4686
United States

HOME PAGE: http://www.brianjamesasquith.com

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