Schmitt, Noemi; Westerhoff, Frank - In: Journal of Economic Interaction and Coordination 17 (2021) 1, pp. 141-163
We propose a novel housing market model to explore the effectiveness of rent control. Our model reveals that the … policymakers may use rent control to reduce the rent level, although such policies may have undesirable effects on the house price … and the housing stock. However, we are also able to prove that well-designed rent control may help policymakers to …