Original title: Rent deregulation, tenure choice, and real estate price expectations
Authors: Tsharakyan, Ashot ; Zemčík, P.
Document type: Research reports
Year: 2011
Language: eng
Series: CERGE-EI Working Paper Series, volume: 430
Abstract: We study a natural experiment in the Czech Republic where the maximum regulated rent appreciation has depended explicitly on the price of real estate since 2007. We track the tenure choice of households from consumption surveys for subsequent years. Rent deregulation makes households in regulated apartments more likely to own real estate while the opposite is true for other renters and owners.
Keywords: Czech Republic; expectations; rent regulation and deregulation
Project no.: CEZ:AV0Z70850503 (CEP)

Institution: Economics Institute AS ČR (web)
Document availability information: Fulltext is available at external website.
External URL: http://www.cerge-ei.cz/pdf/wp/Wp430.pdf
Original record: http://hdl.handle.net/11104/0204967

Permalink: http://www.nusl.cz/ntk/nusl-81254


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