An analysis of vacancy patterns in the rental housing market

J. Luis Guasch, Robert C. Marshall

Research output: Contribution to journalArticlepeer-review

24 Scopus citations

Abstract

Empirical evidence and a theoretical model are presented showing that the amount of housing offered for rent by a landlord affects the vacancy rate of that housing. Vacancy rates, frequencies, and durations will not be uniform across a housing market, but rather will vary systematically with such characteristics as tenant mobility, size of housing unit, and number of units in the structure. These variations are shown to be consistent with the empirical evidence provided by the Bureau of the Census in its publication "Housing Vacancies.".

Original languageEnglish (US)
Pages (from-to)208-229
Number of pages22
JournalJournal of Urban Economics
Volume17
Issue number2
DOIs
StatePublished - Mar 1985

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics
  • Urban Studies

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