More regulated cities tended to have higher rents.

Across the cities in this early Wharton dataset, the regulatory index and median contract rent move together.

FROM THE PAPERFigure 3 · Rent versus city-specific regulation

Source: Malpezzi (1996) · Figure 3; PDF p. 18

Keep in mind: This is a cross-city association from an older regulatory index, not a causal estimate of one reform.

Share the evidence

Across the cities in this early Wharton dataset, the regulatory index and median contract rent move together.

Source: Malpezzi (1996)
Figure: Figure 3 · Rent versus city-specific regulation · Figure 3; PDF p. 18
Keep in mind: This is a cross-city association from an older regulatory index, not a causal estimate of one reform.

Too many people are chasing too few homes. See why—and what communities can do about it.