The Home Front
Rent Control and the Rapid Wartime Increase in Home Ownership
Bibliographic Data
| ID | 5753294 |
|---|---|
| Authors | Daniel K Fetter, Daniel Fetter (Wellesley College, corresponding author) |
| Year | 2016 |
| Volume | 76 |
| Issue | 4 |
| Pages | 1001-1043 |
| Publication date | 2016-12-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Economic History (JOURNAL) |
| Journal identifiers | ISSN: 0022-0507 • E-ISSN: 1471-6372 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s0022050716001017 |
| OpenAlex | W1605228678 |
| Language | EN |
| Citations received | 14 |
| References cited | 26 |
The U.S. home ownership rate rose by 10 percentage points between 1940 and 1945, despite severe restrictions on construction during World War II. I investigate whether wartime rent control played a role in this shift. The empirical test exploits variation in rent reductions across cities that had similar increases in rents prior to control. This variation does not appear to be correlated with underlying trends also driving home ownership. Greater initial rent reductions led to larger increases in home ownership; rent control can account for a significant share of the increase in home ownership over the early 1940s
Business · Control (management) · Demographic economics · Economic rent · Economics · Exploit · Home front · Market economy · Political science · Variation (astronomy) · World War II · Financial Literacy, Pension, Retirement Analysis · Housing Market and Economics · Housing, Finance, and Neoliberalism · Law
Urban History Matters
The Effects of Rent Control Expansion on Tenants, Landlords, and Inequality
The Effects of the 1930s Holc “Redlining” Maps
Pandemic Shocks and Household Spending
Evaluating Rent Control Intensity in California Cities, 2010–2019
Temporal dynamics of rent regulations – The case of the German rent control
Judge for yourself? The impact of controls on the rental market in interwar New York
Rent price control – yet another great equalizer of economic inequalities? Evidence from a century of historical data
Stimulus on the Home Front
Social policy or crowding-out? Tenant protection in comparative long-run perspective
The Exception that Became the Rule
Insecure property rights and the housing market
War bonds and household saving in WWII
The Rise of American Minimum Wages, 1912-1968
Did Highways Cause Suburbanization?
The Great Compression
Robust Standard Errors in Small Samples
Measuring the urban policy environment
Out of control
The Growth of Home Ownership
Population Trends as a Counterweight to Central City Decline, 1950–2000
Rent Control
Women, War, and Wages
Federal Taxes and Homeownership
Housing Market Spillovers
Pecuniary Incentives to Work in the United States during World War II
An Econometric Analysis of Rent Control
Wartime Prosperity? A Reassessment of the U.S. Economy in the 1940s
The Effects of Price Control on a Related Market
Time for Revisionism on Rent Control
The impact of the Second World War on US productivity growth1
SecondWorldWar spending and local economic activity inUScounties, 1939-58
| Unique citing works | 14 |
|---|---|
| Citations per year | 1,4 |
| Citation span | 2016 - 2026 (11) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 13 |