Replication data for: Who Pays for Rent Control? Heterogeneous Landlord Response to San Francisco's Rent Control Expansion
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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RentControlPP_replication | 12/07/2019 03:27:PM | ||
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text/plain | 14.6 KB | 12/07/2019 10:27:AM |
Project Citation:
Diamond, Rebecca, McQuade, Tim, and Qian, Franklin. Replication data for: Who Pays for Rent Control? Heterogeneous Landlord Response to San Francisco’s Rent Control Expansion. 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/E116460V1
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 which types of landlords bear the burden of decreased rental payments versus substitute away from supplying rent-controlled housing. We find rent control leads to a long-run decrease in the supply of rental housing. This effect is more pronounced among properties managed by corporate landlords versus individual landlords. Raising revenue for rental subsidies through rent control appears to be regressive, since corporations can evade the tax burden of rent control more easily, likely due to their superior access to capital.
Scope of Project
JEL Classification:
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K25 Real Estate Law
R38 Production Analysis and Firm Location: Government Policy
K25 Real Estate Law
R38 Production Analysis and Firm Location: Government Policy
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