The effects of rent control in Lisbon

• Author(s): Costa, Paulo André Ramalho
• Date: 2011
• Persistent ID: http://hdl.handle.net/10362/10070
• Origin: Repositório Institucional da UNL
• Subject(s): Rent control; Asset pricing; House market
• Document Type: Master thesis
• Language: English
• Advisor(s): Silva, André Castro
• Contributor(s): RUN

Description

A Work Project, presented as part of the requirements for the Award of a Masters Degree in Economics from the NOVA – School of Business and Economics

I study the rent market and the effects of rent control in Lisbon with a review on history of rent market laws and the unsuccessful rent actualizations, where the rent market represents 48% of the occupied dwellings, with old contracts representing circa 70% of the rented, with an estimated gap between old and new contracts of 394€, according to a model based on the type and date of contract and other characteristics for each Lisbon Borough. Central borough presents high levels of old population and deterioration while Lisbon is reducing its housing park and population.