Dynamics of subletting: Evidence from Swedish university students
Theo Herold
Journal of Housing Economics, 2025, vol. 68, issue C
Abstract:
Groups with more transient accommodation needs, such as students and expatriates, are increasingly turning to long-term rental sublets to satisfy their demand. We empirically analyze seasonality and market dynamics of such a market in the context of university admissions in Sweden. We find no difference in rents during the first half of the calendar year in student cities, followed by a sharp increase in August that stays persistent throughout the year. Student city listing density increases until May but is completely offset by September. During the subsequent 8 weeks following the university admission period, rents grow between 4.6 and 5.4 percent on average, while a one percentage point increase in the ratio of student net movement to population is associated with an increase in rent between 0.77 and 0.98 percent. Using a more robust subsample, we find that daily listing density in student cities decreases by 29.6 percent relative to non-student cities in the week immediately following the admission periods.
Keywords: Seasonality; Thick markets; Subletting; Rental market; Rent control (search for similar items in EconPapers)
JEL-codes: D4 R1 R21 R31 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1051137725000087
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:jhouse:v:68:y:2025:i:c:s1051137725000087
DOI: 10.1016/j.jhe.2025.102049
Access Statistics for this article
Journal of Housing Economics is currently edited by H. O. Pollakowski
More articles in Journal of Housing Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().