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- W2148126945 abstract "The economics literature provides considerable evidence on the performance of low-income housing programs. One issue that has not been adequately addressed by previous studies is the relative depreciation rates of subsidized and unsubsidized housing units. Simple economic theory suggests that subsidized projects should depreciate more quickly than unsubsidized units, as the rents received by owners of these projects do not depend directly on the condition of their units provided that they meet minimum housing standards. However, many government programs aimed at modernizing subsidized housing projects exist. Whether there is a difference between the depreciation rates of subsidized and unsubsidized housing units is therefore an empirical question. Using panel data from the American Housing Survey, I find that there is no significant difference in the depreciation rates of subsidized and unsubsidized housing units over the period from 1985 to 2005." @default.
- W2148126945 created "2016-06-24" @default.
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- W2148126945 date "2009-03-01" @default.
- W2148126945 modified "2023-09-26" @default.
- W2148126945 title "Do subsidized housing units depreciate faster than unsubsidized ones?" @default.
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- W2148126945 doi "https://doi.org/10.1016/j.jhe.2009.02.004" @default.
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