Age of rental housing units and vacancy characteristics A filtering explanation

J. Luis Guasch, Robert C. Marshall

Research output: Contribution to journalArticle

5 Scopus citations

Abstract

Aggregate data on rental units indicate that older units have lower vacancy frequencies and higher vacancy durations than newer units. A formulation consistent with the filtering hypothesis of the housing literature is presented that explains the above empirical regularity.

Original languageEnglish (US)
Pages (from-to)403-419
Number of pages17
JournalRegional Science and Urban Economics
Volume15
Issue number3
DOIs
StatePublished - Aug 1985

    Fingerprint

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics
  • Urban Studies

Cite this