Who benefits from rental assistance? Evidence from a natural experiment

Rent subsidies were provided to students living in central Jerusalem between 2006 and 2011 in order to encourage urban renewal. This program led to a marked increase in the number of students renting apartments in the city center. Using diff-in-diffs hedonic estimations, we find that 70–80% of the r...

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Bibliographic Details
Published in:Regional science and urban economics 2020-01, Vol.80, p.103395, Article 103395
Main Authors: Sayag, Doron, Zussman, Noam
Format: Article
Language:English
Subjects:
College students
Government subsidies
Renewal
Rent
Renting
Subsidies
Subsidy incidence
Urban areas
Urban renewal
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Summary:Rent subsidies were provided to students living in central Jerusalem between 2006 and 2011 in order to encourage urban renewal. This program led to a marked increase in the number of students renting apartments in the city center. Using diff-in-diffs hedonic estimations, we find that 70–80% of the rent subsidies remained in the hands of the students, within the broad range of incidence rates found worldwide. •Rent subsidies were provided to students living in central Jerusalem in order to encourage urban renewal.•This program led to a marked increase in the number of students renting apartments in the city center.•We find that 70–80% of the rent subsidies remained in the hands of the students.
ISSN:0166-0462
1879-2308
DOI:10.1016/j.regsciurbeco.2018.09.002