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We present evidence that discrimination against Asian-American Airbnb users sharply increased at the start of the COVID-19 pandemic. Using a DiD approach, we find that hosts with distinctively Asian names experienced a 12 percent decline in guests relative to hosts with distinctively White...
Persistent link: https://www.econbiz.de/10014078599
. Subsequently, housing-price inequality has risen to pre-War levels, while rent inequality has risen less. Combining both measures …
Persistent link: https://www.econbiz.de/10013000510
socially wasteful rent-seeking by ticket brokers. This paper studies the introduction of auctions into this market by …
Persistent link: https://www.econbiz.de/10012948086
We estimate direct and indirect effects of total factor productivity growth in manufacturing on US workers' earnings, housing costs, and purchasing power. Drawing on four alternative instrumental variables, we consistently find that when a city experiences productivity gains in manufacturing,...
Persistent link: https://www.econbiz.de/10012917592
rent are strongly correlated with perceptions of house price risk. Households' exposure to housing risk due to financial … constraints, expected mobility or labor income risk affect the decision to buy versus rent but do not mitigate the impact of risk …
Persistent link: https://www.econbiz.de/10012910636
rent level that is closer to the city of origin, relative to comparable locals. Building on “Memory, Attention, and Choice … database of experiences such as rents. The current rent cues recall of past rents, giving rise to a rental norm. A large … discrepancy between the current rent and the memory-based norm surprises and attracts the mover's attention, distorting choice …
Persistent link: https://www.econbiz.de/10012890485
among apartment rents in the U.S. between 1974-1981. 29 percent of units had no change in nominal rent from year to year …
Persistent link: https://www.econbiz.de/10013220929
Each year, more than two million U.S. households have an eviction case filed against them. Many cities have recently implemented policies aimed at reducing the number of evictions, motivated by research showing strong associations between being evicted and subsequent adverse economic outcomes....
Persistent link: https://www.econbiz.de/10013225151
loss. A major social cost of rent control is that without a fully operational price mechanism the 'wrong' consumers end up … using apartments. When prices are set below market price, many consumers want to rent apartments even though they receive … are second order. Thus for a sufficiently marginal implementation of rent control, these costs will always be more …
Persistent link: https://www.econbiz.de/10013227876
rent index is biased downward for all of the last century. The CPI rises roughly 2 percent per year slower than quality …-unadjusted indexes of gross rent, setting a challenge for this research of measuring the rate of quality change in rental apartments. If …
Persistent link: https://www.econbiz.de/10013243467