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The research aims to analyze the immediate supply effects of the 1974 Rent Act on the housing market.

The 1974 Rent Act-Some Short Run Supply Effects

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The research aims to analyze the immediate supply effects of the 1974 Rent Act on the housing market.
The analysis involves economic models to assess market supply conditions post-rent control implementation.
Effects are evaluated using historical data and economic indicators related to housing supply.
The Rent Act led to a noticeable decrease in housing supply in the short term, affecting market dynamics.
Evidence suggests that rent controls created market distortions that decreased incentives for new construction.

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Journal article investigates short run supply effects of the 1974 Rent Act, suggesting implications for housing markets.

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Duncan Maclennan (1978) studied this question.

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