Price Elasticities of Housing Supply
Jan 1, 1992
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Recommends increasing the benefits paid to participants in the experimental housing allowance program operating in Brown County, Wisconsin, to compensate for inflation in housing costs since the schedule was last revised. Gross rent is estimated to have increased locally at an average annual rate of 6.6 percent between September 1973 and April 1978, with most of the increase, especially in the earlier years, attributable to higher prices for fuels and utility services. The annual inflation rates were 4.9 percent in late 1973 and throughout 1974, 8.2 percent in 1975, and 6.9 percent in 1976 and the portion of 1977.
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