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Do Rent Increases Reduce the Housing Supply Under Rent Control?

其他書名	Evidence from Evictions in San Francisco
出版	W.E. Upjohn Institute for Employment Research, 2019
URL	http://books.google.com.hk/books?id=ADkDywEACAAJ&hl=&source=gbs_api

註釋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.