Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
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Daily Overview |
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Thematic Session: Adaptation or Lock-In? Housing Markets under Climate Risk (Streaming) Location: B009 Session Chair: Patrick Bigler, University of Lausanne | |
| Presentation 2 | |
Rent Control and Tenant Lock-In under Energy and Climate Shocks 1: University of Lausanne, Switzerland; 2: University of Geneva, Switzerland; 3: Netz OÖ Many cities face a double threat: a lack of affordability and climate change. In this paper, we study how rent control, a policy that aims to make housing more affordable, interacts with climate risks. We show that rent control can induce a lock-in effect that increases exposure to these risks. In particular, renters may move less due to rent control and consequently respond less to energy and heat stress shocks. We document these effects using a dataset of individual apartments from a real estate company in Switzerland, a country with low homeownership rates and a federal rent control policy. | |

