TY - BOOK AU - Diamond,Rebecca AU - McQuade,Timothy AU - Qian,Franklin ED - National Bureau of Economic Research. TI - The Effects of Rent Control Expansion on Tenants, Landlords, and Inequality: Evidence from San Francisco T2 - NBER working paper series PY - 2018/// CY - Cambridge, Mass. PB - National Bureau of Economic Research N1 - January 2018; Hardcopy version available to institutional subscribers N2 - We exploit quasi-experimental variation in assignment of rent control to study its impacts on tenants, landlords, and the overall rental market. Leveraging new data tracking individuals' migration, we find rent control increased renters' probabilities of staying at their addresses by nearly 20%. Landlords treated by rent control reduced rental housing supply by 15%, causing a 5.1% city-wide rent increase. Using a dynamic, neighborhood choice model, we find rent control offered large benefits to covered tenants. Welfare losses from decreased housing supply could be mitigated if insurance against rent increases were provided as government social insurance, instead of a regulated landlord mandate UR - https://www.nber.org/papers/w24181 UR - http://dx.doi.org/10.3386/w24181 ER -