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Housing Deterioration, Housing Codes and Rent Control

Author

Listed:
  • David Kiefer

    (The author is at La Trobe University)

Abstract

The life cycle of a dwelling unit is a succession of tenants, generally proceeding to lower-income groups, and a sequence of quality levels, generally ending in a dilapidated state. The process of tenant turnover mirrors a neighbourhood turnover process which is identified as contributing to antagonism between social classes. The paper develops an optimal control model of the housing life cycle and extends this model to incorporate housing codes and rent control. The efficacy of these two popular policy instruments is investigated with respect to the goal of encouraging housing stability and thus neighbourhood stability.

Suggested Citation

  • David Kiefer, 1980. "Housing Deterioration, Housing Codes and Rent Control," Urban Studies, Urban Studies Journal Limited, vol. 17(1), pages 53-62, February.
    • Handle: RePEc:sae:urbstu:v:17:y:1980:i:1:p:53-62
    DOI: 10.1080/00420988020080061
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    References listed on IDEAS

    as
    1. Ohls, James C., 1975. "Public policy toward low income housing and filtering in housing markets," Journal of Urban Economics, Elsevier, vol. 2(2), pages 144-171, April.
    2. J. P. Gould, 1968. "Adjustment Costs in the Theory of Investment of the Firm," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 35(1), pages 47-55.
    3. Sweeney, James L., 1974. "Housing unit maintenance and the mode of tenure," Journal of Economic Theory, Elsevier, vol. 8(2), pages 111-138, June.
    4. Little, James T., 1976. "Residential preferences, neighborhood filtering and neighborhood change," Journal of Urban Economics, Elsevier, vol. 3(1), pages 68-81, January.
    5. Olsen, Edgar O, 1972. "An Econometric Analysis of Rent Control," Journal of Political Economy, University of Chicago Press, vol. 80(6), pages 1081-1100, Nov.-Dec..
    Full references (including those not matched with items on IDEAS)

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