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The price and allocation effects of targeted mandates: Evidence from lead hazards
Journal of Urban Economics ( IF 5.456 ) Pub Date : 2021-03-21 , DOI: 10.1016/j.jue.2021.103345
Ludovica Gazze

Several states require owners to mitigate lead hazards in old houses with children present. I estimate the mandates’ effects on housing markets. My empirical strategy exploits differences by state, year, and housing vintage. The mandates decrease the prices of old houses by 7.1 percent, acting as a large tax on owners. Moreover, families with children become 11.3 percent less likely to live in old houses. Increases in rents for family-friendly houses suggest that the mandates have important distributional consequences. These findings are relevant for evaluating similar mandates such as healthy homes standards.



中文翻译:

目标任务的价格和分配效应:铅危害的证据

一些州要求房主减轻有孩子在身的老房子中铅的危害。我估计这些指令对住房市场的影响。我的经验策略利用州,年份和房屋年份的差异。这项强制令将旧房价格降低了7.1%,对房主征收巨额税款。此外,有孩子的家庭住旧房子的可能性降低了11.3%。家庭友好型房屋租金的增加表明,这些规定具有重要的分配影响。这些发现与评估类似的法规(例如健康房屋标准)相关。

更新日期:2021-04-04
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