Can more housing supply solve the affordability crisis? : (Record no. 627)
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control field | OSt |
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control field | 20230627153628.0 |
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100 ## - MAIN ENTRY--PERSONAL NAME | |
9 (RLIN) | 647 |
Personal name | Anenberg, Elliot |
245 ## - TITLE STATEMENT | |
Title | Can more housing supply solve the affordability crisis? : |
Remainder of title | evidence from a neighborhood choice model |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Name of publisher, distributor, etc. | Regional Science and Urban Economics, |
Date of publication, distribution, etc. | 24 April 2018. |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 35 pages |
500 ## - GENERAL NOTE | |
General note | KEYWORDS: Housing affordability, housing supply, neighborhood choice |
520 ## - SUMMARY, ETC. | |
Summary, etc. | Abstract: We estimate a neighborhood choice model using 2014 American Community Survey data to investigate the degree to which new housing supply can improve housing affordability. In the model, equilibrium rental rates are determined so that the number of households choosing each neighborhood is equal to the number of housing units in each neighborhood. We use the estimated model to simulate how rental rates would respond to an exogenous increase in the number of housing units in a neighborhood. We find that the rent elasticity is low, and thus marginal reductions in supply constraints alone are unlikely to meaningfully reduce rent burdens. The reason for this result appears to be<br/>that rental rates are more closely determined by the level of amenities in a neighborhood—as in a Rosen-Roback spatial equilibrium framework—than by the supply of housing. |
524 ## - PREFERRED CITATION OF DESCRIBED MATERIALS NOTE | |
Preferred citation of described materials note | Please cite this article as: Anenberg, E., Kung, E., Can more housing supply solve the affordability crisis? Evidence from a neighborhood choice model, Regional Science and Urban Economics (2018), doi: 10.1016/j.regsciurbeco.2018.04.012. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Housing Affordability |
Geographic subdivision | International |
-- | North America |
9 (RLIN) | 496 |
700 ## - ADDED ENTRY--PERSONAL NAME | |
9 (RLIN) | 648 |
Personal name | Kung, Edward |
856 ## - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://doi.org/10.1016/j.regsciurbeco.2018.04.012">https://doi.org/10.1016/j.regsciurbeco.2018.04.012</a> |
Link text | View item on publishers website |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Source of classification or shelving scheme | Dewey Decimal Classification |
Koha item type | Article |
Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Use restrictions | Not for loan | Home library | Current library | Date acquired | Total Checkouts | Date last seen | Uniform Resource Identifier | Price effective from | Koha item type |
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No | Dewey Decimal Classification | No | Yes | No | tunsw | tunsw | 11/01/2022 | 11/01/2022 | https://cfiles.tenantsunion.org.au/f/8647 | 11/01/2022 | Article | ||
No | Dewey Decimal Classification | No | No | tunsw | tunsw | 11/01/2022 | 11/01/2022 | https://doi.org/10.1016/j.regsciurbeco.2018.04.012 | 11/01/2022 | Article |