2013 Fiscal Year Final Research Report
The Effects of the Fixed-term Rent Subsidy Program on Exit Behavior
| Project/Area Number |
24653060
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| Research Category |
Grant-in-Aid for Challenging Exploratory Research
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| Allocation Type | Single-year Grants |
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| Research Field |
Applied economics
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| Research Institution | Osaka University |
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Principal Investigator |
OHTAKE FUMIO 大阪大学, 社会経済研究所, 教授 (50176913)
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| Project Period (FY) |
2012-04-01 – 2014-03-31
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| Keywords | 家賃補助 / 居住期間 |
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| Research Abstract |
Osaka Municipal Housing Corporation started fixed-term cashback programs for new renters from 2004 to reduce the vacancy rate. This study examines the effects of these programs on the exit behavior of renters using a survival analysis. We found: (1) renters who receive a cashback exit earlier, especially when the cashback expires; and, (2) newlyweds and child-raising families who receive cashbacks do not exit earlier particularly. This result suggests that public housing corporations can reduce the number of vacant rooms using a cashback program for newlyweds and child-raising families.
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