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On The Economic Effects of Rent Control in Denmark

In: The Economic Problems Of Housing

Author

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  • Jorgen H. Gelting

    (University of Aarhus)

Abstract

From the point of view of economics the most important feature of houses is their exceptional durability in consequence of which the annual addition of new apartments or houses amounts to only a few per cent of the total stock. In most countries at most times the annual growth amounted to only some one to three per cent of the physical stock. Though these figures underestimate the economically relevant rate of growth by ignoring changes in quality, it is obvious that in periods of rapidly rising aggregate real income a housing shortage in the sense of increasing relative scarcity of house room is apt to arise.

Suggested Citation

  • Jorgen H. Gelting, 1967. "On The Economic Effects of Rent Control in Denmark," International Economic Association Series, in: Adela Adam Nevitt (ed.), The Economic Problems Of Housing, chapter 0, pages 85-91, Palgrave Macmillan.
  • Handle: RePEc:pal:intecp:978-1-349-08473-9_7
    DOI: 10.1007/978-1-349-08473-9_7
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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).

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