How Affordable Housing Can Exclude: The Political Economy of Subsidized Housing
Katherine Levine Einstein and
Maxwell Palmer
Journal of Political Institutions and Political Economy, 2024, vol. 5, issue 1, 71-90
Abstract:
Affordable housing is often studied as a single good: we measure its production and availability; evaluate policies to increase supply; or study the development process. But, there are many types of affordable housing. In this paper, we ask: How do the different types of affordable housing shape the politics of permitting new affordable housing, and what is the impact of these politics on home-seekers? Focusing on rental housing with subsidized rents, we find that affordable housing is a surprisingly heterogeneous good, which often comes with a number of exclusionary restrictions attached. Some cities and towns disproportionately permit units that are smaller, less financially accessible, and age restricted. Race may motivate at least some of these choices: subsidized housing units in whiter cities and towns are more likely to be age restricted.
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:now:jnlpip:113.00000094
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