Replication data for: The Effects of Rent Control Expansion on Tenants, Landlords, and Inequality: Evidence from San Francisco
Principal Investigator(s): View help for Principal Investigator(s) Rebecca Diamond; Tim McQuade; Franklin Qian
Version: View help for Version V1
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| data | 12/07/2019 08:45:AM | ||
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Project Citation:
Diamond, Rebecca, McQuade, Tim, and Qian, Franklin. Replication data for: The Effects of Rent Control Expansion on Tenants, Landlords, and Inequality: Evidence from San Francisco. Nashville, TN: American Economic Association [publisher], 2019. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-07. https://doi.org/10.3886/E116215V1
Project Description
Summary:
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Using a 1994 law change, we exploit quasi-experimental variation in the assignment of rent control in San Francisco to study its impacts on tenants and landlords. Leveraging new data tracking individuals' migration, we find rent control limits renters' mobility by 20 percent and lowers displacement from San Francisco. Landlords treated by rent control reduce rental housing supplies by 15 percent by selling to owner-occupants and redeveloping buildings. Thus, while rent control prevents displacement of incumbent renters in the short run, the lost rental housing supply likely drove up market rents in the long run, ultimately undermining the goals of the law.
Scope of Project
JEL Classification:
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R23 Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
R31 Housing Supply and Markets
R38 Production Analysis and Firm Location: Government Policy
R23 Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
R31 Housing Supply and Markets
R38 Production Analysis and Firm Location: Government Policy
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