User:Qzekrom/effects of rent control
This table is for listing possible effects of rent control and what various reviews of the economic literature say about them.
| Finding | Jenkins 2009[1] | |
|---|---|---|
| Tenant behavior | Tenants of rent-controlled units are more likely to stay put | Yes |
| Tenants of rent-controlled units accept longer commutes in return for lower rents | Yes (Krol and Svorny 2005) | |
| Tenants of rent-controlled units are less likely to become homeowners | Yes (Gyourko and Linneman 1989) | |
| Maintenance | Rent controls decrease maintenance overall (landlords decrease their maintenance effort while tenants increase theirs) | Maybe |
| Quantity of housing | Rent controls discourage construction of new housing | Maybe |
| Rent controls encourage landlords to convert rental units into non-rentable housing | Yes | |
| Rents | Rent controls decrease rents for controlled rental units | Yes |
| Rent controls decrease rents for controlled rental units (long run) | No (Early 2000) | |
| Vacancy allowances nullify rent controls' effects on rents | Yes | |
| Rent controls increase rents for uncontrolled rental units | Yes | |
| Rent controls increase rents for uncontrolled rental units (long run) | No (Early and Phelps 1999) | |
| Proximity to rent-controlled units decreases rents for uncontrolled rental units | Yes (Sims 2007) | |
| Homelessness | Rent controls increase homelessness | No consensus |
| Distributional effects | Rent controls effectively target low-income tenants (i.e. tenants benefit more from rent control the lower their incomes) | No |
| Rent controls effectively target elderly tenants | No (Navarro 1985) | |
| Rent controls effectively target disabled tenants | Not stated | |
| Rent controls effectively target tenants of color | Maybe
| |
| Rent controls reduce racial segregation | No (Glaeser 2002) |
- ^ Jenkins, Blair (January 2009). "Rent Control: Do Economists Agree?" (PDF). Econ Journal Watch. Retrieved 2019-02-23.