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Housing Without the State
Author(s) -
Ricketts Martin
Publication year - 1994
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.1994.tb00228.x
Subject(s) - investment (military) , state (computer science) , intervention (counseling) , control (management) , economics , market economy , business , computer science , political science , medicine , law , management , algorithm , psychiatry , politics
State intervention in housing since rent control was introduced in 1915 has so distorted the pattern of investment that it is difficult to assess how the market might have developed without it. It has been hugely redistributive and massively inefficient.