Scandinavian Working Papers in Economics
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Department of Economics, Stockholm University Research Papers in Economics, Department of Economics, Stockholm University

No 1997:7:
Rent-Control and Prices of Owner Occupied Housing

Jonas Häckner () and Sten Nyberg ()

Abstract: We examine the relation between rent control and prices of owner occupied housing in the presence of different qualities of housing. While a rent ceiling and the price of condominiums are substitutes if housing is undifferentiated, it is shown that this is not necessarily the case when housing differs in quality. A complete dismantling of rent-control may in fact increase the price of condominiums.

Keywords: rent control; product differentiation; rationing; (follow links to similar papers)

JEL-Codes: D45; D49; (follow links to similar papers)

16 pages, May 6, 1998

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This paper is published as:
Häckner, Jonas and Sten Nyberg, (2000), 'Rent-Control and Prices of Owner Occupied Housing', Scandinavian Journal of Economics, Vol. 102, pages 213-222

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