Analysis of the changing influences on traditional households' ownership patterns

Article Abstract:

Changes in households' ownership patterns are examined by focusing on three families possessing 'traditional owner-occupier' demographic traits. The reference households are similar in that they have recently entered the prime ownership stage of their lifecycles, live in areas with typical house prices and rents, and have at least one child. In addition, their heads have the same race, marital status and age range. The household heads differ with respect to their education and family income. The head of the first family has no high school diploma and has a corresponding income level, while the head of the second family graduated from high school and has an income typical of households headed by a high school graduate. The third family head is a college graduate whose income is the median for households headed by college graduates. One of the most significant results of the study is that race plays an increasing role in predicting suburban home ownership.

Research, Demography, Households, Home ownership

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The effect of rent control on the distribution of income among New York City renters

Article Abstract:

People with low incomes, and the elderly, are the main beneficiaries of New York City rent control laws which went into effect in 1981. Benefit targeting is shown to be poor. No net negative racial effects are shown for rent controls. Rent control beneficiaries tend to maintain significantly longer tenancy periods than those who do not receive such benefits. The resource distribution effects of the new-type rent controls are evaluated through investigation of rent control benefit distribution among New York City renters. The evolution of the New York City rent control program is detailed briefly, and its key features summarized. The method used for measuring the rent control summary is described, the resulting data is presented, and empirical results provided.

Contracts, New York, New York, New York, Landlord and tenant, Landlord-tenant relations, Rent control, Income distribution, Apartments, New York (City)

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