Delivering Affordable Housing and Neighborhood Quality: A Comparison of Place- and Tenant-Based Programs

This paper analyzes the relative merits of large place- and tenant-based housing programs in Finland in terms of housing affordability and neighborhood quality. Using hedonic regression methods and household micro data, we find that rent savings to public housing tenants are less targeted towards lo...

Full description

Saved in:
Bibliographic Details
Published in:Policy File 2017
Main Authors: Eerola, Essi, Saarimaa, Tuukka
Format: Report
Language:English
Subjects:
CESifo Group Munich
Economic policy
Government
Housing
Online Access:Request full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This paper analyzes the relative merits of large place- and tenant-based housing programs in Finland in terms of housing affordability and neighborhood quality. Using hedonic regression methods and household micro data, we find that rent savings to public housing tenants are less targeted towards low-income households than housing allowance. In addition, low-income public housing tenants live in poorer, less educated and lower quality neighborhoods than similar low-income households in private rental housing. This suggests that place-based programs may lead to more segregation than tenant-based alternatives even when neighborhood mixing is an explicit aim of the program, as in Finland.