Gentrification through the sale of rental housing? Evidence from Amsterdam

Jan Rouwendal, Adriaan Keus and Jasper Dekkers
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Adriaan Keus: VU Amsterdam
Jasper Dekkers: VU Amsterdam

No 18-022/VIII, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: This paper analyzes the impact of the sale of rental housing in Amsterdam on the local housing market. This increases the supply of owner-occupied housing, but can also contribute to gentrification associated with the inflow of different household groups. Earlier literature focused on the former effect and reported a negative price effect. We take a fresh look at the issue by considering the sale of private as well as social rental housing, allow for differing time trends within the municipality, controlling for area fixed effects, distinguishing between short and long-term impacts and addressing endogeneity of the sale of rental housing. The main finding is a robust gentrifying effect of the sale of private rental housing in the core area of Amsterdam.

Keywords: gentrification; social housing; Dutch housing market (search for similar items in EconPapers)
JEL-codes: R21 R23 R31 (search for similar items in EconPapers)
Date: 2018-03-07
New Economics Papers: this item is included in nep-eur and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Journal Article: Gentrification through the sale of rental housing? Evidence from Amsterdam (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:tin:wpaper:20180022

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