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Why we may need to reconsider the current one-size fits all approach to US housing policy.

Eriksen, Michael and Ross, Amanda (2015) Why we may need to reconsider the current one-size fits all approach to US housing policy. USApp - American Politics and Policy Blog (10 Sep 2015). Website.

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Abstract

Every year, the US federal government spends billions on low-income rental housing assistance. But is it spending this money effectively by using housing vouchers? In new research using panel data from rental units, Michael Eriksen and Amanda Ross find that the effects of housing vouchers vary from city to city. Introducing vouchers can drive up rents by increasing the demand of those who receive them for higher quality rental housing, but decrease demand and thus rent for lower quality accommodation. They show higher rent increases occur in areas where housing supply is inelastic due to a lack of developable land suggesting alternative place-based housing policies may be more effective in those areas.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/usappblog/
Additional Information: © 2015 The Author(s) CC BY-NC 3.0; Online
Divisions: LSE
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HN Social history and conditions. Social problems. Social reform
H Social Sciences > HV Social pathology. Social and public welfare. Criminology
J Political Science > JK Political institutions (United States)
Sets: Collections > LSE American Politics and Policy (USAPP) Blog
Date Deposited: 08 May 2017 08:32
Last Modified: 26 Nov 2019 00:46
URI: http://eprints.lse.ac.uk/id/eprint/75799

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