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Working paper

The rent gap debunked

URP Working Paper No. 32

15 Sep 1992

21

Steven C. Bourassa

Urban Research Program (Research School of Social Sciences, ANU)

Smith's rent gap theory of gentrification has inspired a substantial amount of critical attention as well as several empirical studies. None of these studies addresses a fundamental problem with the rent gap hypothesis - namely, its dependence on a distinction between actual and potential land...



Working paper

Changes in the relative incentives to invest in housing: Australia, Sweden and the United States

URP Working Paper No. 31

15 Feb 1992

59

Patric Hendershott, Steven C. Bourassa

Urban Research Program (Research School of Social Sciences, ANU)

This report addresses two questions. First, did the tax and subsidy changes in Australia, Sweden and the US increase or decrease the efficiency of the allocation of capital among business uses and housing and within the housing stock? Second, did the changes alter the incentives...