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A Note on Occupancy Turnover in Rental Housing Units

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  • William B. Shear

Abstract

Occupancy turnover results from household mobility. The importance of life‐cycle effects on intra‐urban household migration are emphasized, just as have other studies on the subject. In addition, the analysis explicitly addresses the role of household moving costs and landlord occupancy turnover costs as they affect rents charged existing tenants. The empirical results indicate that landlords grant existing tenants long‐term rent discounts to reduce occupancy turnover and further suggest that the incentives of landlords to reduce turnover vary based on the age of the housing unit. The results are of special significance in the evaluation of community development programs.

Suggested Citation

  • William B. Shear, 1983. "A Note on Occupancy Turnover in Rental Housing Units," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 11(4), pages 525-538, December.
    • Handle: RePEc:bla:reesec:v:11:y:1983:i:4:p:525-538
    DOI: 10.1111/1540-6229.00306
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    Cited by:

    1. Kee S. Kim & Walt A. Nelson, 1996. "Assessing the Rental Value of Residential Properties: An Abductive Learning Networks Approach," Journal of Real Estate Research, American Real Estate Society, vol. 12(1), pages 63-78.
    2. Barker, David, 2003. "Length of residence discounts, turnover, and demand elasticity. Should long-term tenants pay less than new tenants?," Journal of Housing Economics, Elsevier, vol. 12(1), pages 1-11, March.

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