Price effects of housing allowances

C. Peter Rydell, C. Lance Barnett

ResearchPublished 1982

The Housing Assistance Supply Experiment showed that housing allowances do not cause serious price increases, contrary to many pre-experiment predictions. Empirical observation and theoretical analyses both indicate that even during the initial, maximum-impact years the program increased the price of rental housing services by at most a few percent. The reasons for the small price effect are that the demand shift caused by the program is smaller than many anticipated, and that the supply response of the housing market is greater than many anticipated.

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  • Copyright: RAND Corporation
  • Availability: Available
  • Year: 1982
  • Print Format: Paperback
  • Paperback Pages: 26
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  • Document Number: P-6794

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RAND Style Manual
Rydell, C. Peter and C. Lance Barnett, Price effects of housing allowances, RAND Corporation, P-6794, 1982. As of September 12, 2024: https://www.rand.org/pubs/papers/P6794.html
Chicago Manual of Style
Rydell, C. Peter and C. Lance Barnett, Price effects of housing allowances. Santa Monica, CA: RAND Corporation, 1982. https://www.rand.org/pubs/papers/P6794.html. Also available in print form.
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