Document Type
Working Paper
Publication Date
2014
College/Unit
Chambers College of Business and Economics
Document Number
14-15
Department/Program/Center
Economics
Abstract
We estimate the effect of increasing the supply of housing vouchers on rents using a panel of housing units in the American Housing Survey. We do not find that an increase in vouchers affected the overall price of rental housing, but do estimate differences in effects based on an individual unit’s rent before the voucher expansion. Our results are consistent with voucher recipients renting more expensive units after receiving the subsidy. We also find that the largest price increases were for units near the maximum allowable voucher rent in cities with an inelastic housing supply.
Digital Commons Citation
Eriksen, Michael D. and Ross, Amanda, "HOUSING VOUCHERS AND THE PRICE OF RENTAL HOUSING" (2014). Economics Faculty Working Papers Series. 108.
https://researchrepository.wvu.edu/econ_working-papers/108