Natural disasters have been increasing in intensity at the same time that rental affordability has been declining in many cities. The intersection of these two trends presents an important challenge for policymakers as well as an insightful test for economic theory. This paper presents a new...

This report was prepared for the City of Los Angeles Housing Department to recommend policies for improving conditions in the housing market and fairly balancing the interests of tenants and landlords under the city's Rent Stabilization Ordinance. Two-thirds of the rental units in Los Angeles...

Until the end of 1977, the U.S. consumer price index for rents tended to omit rent increases when units had a change of tenants or were vacant, biasing inflation estimates downward. Beginning in 1978, the Bureau of Labor Statistics (BLS) implemented a series of methodological changes that...

Until the end of 1977, the U.S. consumer price index for rents tended to omit rent increases when units had a change of tenants or were vacant, biasing inflation estimates downward. Beginning in 1978, the Bureau of Labor Statistics (BLS) implemented a series of methodological changes that...

Until the end of 1977, the method used to measure changes in rent of primary residence in the U.S. consumer price index (CPI) tended to omit price changes when units changed tenants or were temporarily vacant. Since such units typically had more rapid increases in rents than average units,...

Until the end of 1977, the method used in the U.S. consumer price index (CPI) to measure rent inflation tended to omit rent increases when units had a change of tenants or were vacant. Since such units typically had more rapid increases in rents than average units, this response bias biased...