房租管制导致的住房财富再分配

IF 4.8 1区经济学 Q1 ECONOMICS

Journal of Urban Economics Pub Date : 2026-03-01 Epub Date: 2026-02-17 DOI:10.1016/j.jue.2026.103845

Kenneth R. Ahern , Marco Giacoletti

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引用次数: 0

摘要

本文研究了租金管制对租房者、房东和房主住房财富的影响。在2021年明尼苏达州圣保罗市通过租金管制后，平均房地产价值下降了4.0%至5.5%。利用包裹层面的数据，我们表明，总体而言，租房者获利，房东亏损，尽管高收入租房者比低收入租房者获利更多，而小房东的损失与大房东相同。业主-居住者的财富也因直接资本化效应和负外部性而显著下降。这些结果为一波新的租金管制法律的异质性财富效应提供了第一个证据。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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The redistribution of housing wealth caused by rent control

This paper studies the effects of rent control on the housing wealth of renters, landlords, and homeowners. Following the passage of rent control in St. Paul, Minnesota in 2021, average property values fell by 4.0% to 5.5%. Leveraging parcel-level data, we show that in the aggregate, renters gained and landlords lost, though upper-income renters gained more than lower-income renters, while small landlords lost the same as large landlords. Owner-occupants’ wealth also fell significantly from direct capitalization effects and negative externalities. These results provide the first evidence on the heterogeneous wealth effects of a wave of new rent control laws.

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来源期刊

Journal of Urban Economics Multiple-

CiteScore

10.60

自引率

4.80%

发文量

期刊介绍： The Journal of Urban Economics provides a focal point for the publication of research papers in the rapidly expanding field of urban economics. It publishes papers of great scholarly merit on a wide range of topics and employing a wide range of approaches to urban economics. The Journal welcomes papers that are theoretical or empirical, positive or normative. Although the Journal is not intended to be multidisciplinary, papers by noneconomists are welcome if they are of interest to economists. Brief Notes are also published if they lie within the purview of the Journal and if they contain new information, comment on published work, or new theoretical suggestions.