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Rent Control and The Supply of Housing Services: The Brookline Massachusetts Experience

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  • Raymond Jackson

Abstract

. The hypothesis that the short‐run and long‐run supply of housing services is unaffected by rent control is examined. It has been asserted that total housing services may remain unchanged when tenant supplied services are included and that capital improvements may return to normal after the initial loss in property values. Using data on health code violations and building permits from a town in metropolitan Boston, the analysis concludes that rent control diminishes the total supply of housing services in the short‐run and reduces capital expenditures to maintain and improve housing services in the long‐run.

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  • Raymond Jackson, 1993. "Rent Control and The Supply of Housing Services: The Brookline Massachusetts Experience," American Journal of Economics and Sociology, Wiley Blackwell, vol. 52(4), pages 467-475, October.
    • Handle: RePEc:bla:ajecsc:v:52:y:1993:i:4:p:467-475
    DOI: 10.1111/j.1536-7150.1993.tb02571.x
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    References listed on IDEAS

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    1. Lawrence B. Smith & Peter Tomlinson, 1981. "Rent Controls in Ontario: Roofs or Ceilings?," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 9(2), pages 93-114, June.
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    Cited by:

    1. Kholodilin, Konstantin A., 2024. "Rent control effects through the lens of empirical research: An almost complete review of the literature," Journal of Housing Economics, Elsevier, vol. 63(C).
    2. Konstantin A. Kholodilin, 2022. "Rent Control Effects through the Lens of Empirical Research: An almost Complete Review of the Literature," Discussion Papers of DIW Berlin 2026, DIW Berlin, German Institute for Economic Research.
    3. Early, Dirk W., 2000. "Rent Control, Rental Housing Supply, and the Distribution of Tenant Benefits," Journal of Urban Economics, Elsevier, vol. 48(2), pages 185-204, September.
    4. Forgionne, G. A., 1996. "Forecasting army housing supply with a DSS-delivered econometric model," Omega, Elsevier, vol. 24(5), pages 561-576, October.
    5. William Gissy, 1997. "Rent controls and homeless rates," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 3(1), pages 113-121, February.
    6. Konstantin A. Kholodilin, 2022. "Rent Control Effects through the Lens of Empirical Research," DIW Roundup: Politik im Fokus 139, DIW Berlin, German Institute for Economic Research.

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