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

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dc.contributorAalto-yliopistofi
dc.contributorAalto Universityen
dc.contributor.authorBratu, Cristinaen_US
dc.contributor.authorHarjunen, Oskarien_US
dc.contributor.authorSaarimaa, Tuukkaen_US
dc.contributor.departmentDepartment of Built Environmenten
dc.contributor.departmentDepartment of Economicsen
dc.contributor.groupauthorReal Estateen
dc.date.accessioned2023-03-29T07:59:57Z
dc.date.available2023-03-29T07:59:57Z
dc.date.issued2023-01en_US
dc.description.abstractWe 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 construction 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.en
dc.description.versionPeer revieweden
dc.format.extent8
dc.format.mimetypeapplication/pdfen_US
dc.identifier.citationBratu, C, Harjunen, O & Saarimaa, T 2023, 'JUE insight: City-wide effects of new housing supply: Evidence from moving chains', Journal of Urban Economics, vol. 133, 103528. https://doi.org/10.1016/j.jue.2022.103528en
dc.identifier.doi10.1016/j.jue.2022.103528en_US
dc.identifier.issn0094-1190
dc.identifier.issn1095-9068
dc.identifier.otherPURE UUID: 1ed11876-eb87-4a2c-a9a6-4a02a58825bden_US
dc.identifier.otherPURE ITEMURL: https://research.aalto.fi/en/publications/1ed11876-eb87-4a2c-a9a6-4a02a58825bden_US
dc.identifier.otherPURE FILEURL: https://research.aalto.fi/files/104404236/1_s2.0_S0094119022001048_main.pdf
dc.identifier.urihttps://aaltodoc.aalto.fi/handle/123456789/120293
dc.identifier.urnURN:NBN:fi:aalto-202303292615
dc.language.isoenen
dc.publisherElsevier
dc.relation.ispartofseriesJournal of Urban Economicsen
dc.relation.ispartofseriesVolume 133en
dc.rightsopenAccessen
dc.subject.keywordHousing supplyen_US
dc.subject.keywordHousing affordabilityen_US
dc.subject.keywordFilteringen_US
dc.titleJUE insight: City-wide effects of new housing supply: Evidence from moving chainsen
dc.typeA1 Alkuperäisartikkeli tieteellisessä aikakauslehdessäfi
dc.type.versionpublishedVersion

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