JUE Insight: City-wide effects of new housing supply: Evidence from moving chains

被引：10

作者：

Bratu, Cristina ^{[1
]}

Harjunen, Oskari ^{[2
,3
]}

Saarimaa, Tuukka ^{[4
,5
,6
]}

机构：

[1] VATT Inst Econ Res, Arkadiankatu 7, Helsinki 00100, Finland

[2] Aalto Univ, Sch Engn, Otakaari 4, FI-02150 Espoo, Finland

[3] VATT Inst Econ Res, Otakaari 4, FI-02150 Espoo, Finland

[4] Aalto Univ, Sch Business, Ekonominaukio 1, FI-02150 Espoo, Finland

[5] Sch Engn, Ekonominaukio 1, FI-02150 Espoo, Finland

[6] Helsinki GSE, Ekonominaukio 1, FI-02150 Espoo, Finland

来源：

JOURNAL OF URBAN ECONOMICS | 2023年 / 133卷

关键词：

Housing supply; Housing affordability; Filtering; MARKETS;

D O I：

10.1016/j.jue.2022.103528

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We study the city-wide effects of new, centrally-located market-rate housing supply using geo-coded population -wide register data from the Helsinki Metropolitan Area. The supply of new market rate units triggers moving chains that quickly reach middle-and low-income neighborhoods and individuals. Thus, new market-rate con-struction loosens the housing market in middle-and low-income areas even in the short run. Market-rate supply is likely to improve affordability outside the sub-markets where new construction occurs and to benefit low-income people.

引用

页数：8

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