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

Upjohn Institute Working Paper 19-296

107 Pages Posted: 16 Sep 2019

Multiple version iconThere are 2 versions of this paper

Date Written: August 31, 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 hyperlocal demand shock the privately operated commuter shuttle systems in San Francisco. Controlled landlords increased market withdrawal filings 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 my 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 31, 2019). Upjohn Institute Working Paper 19-296, Available at SSRN: https://ssrn.com/abstract=3449379 or http://dx.doi.org/10.2139/ssrn.3449379

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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