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A theory of sticky rents: Search and bargaining with incomplete information
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“Gallin and Verbruge (2019) suggest that the key force generating rental price stickiness is that landlords can pre-empt a tenant's search for a new apartment by offering to renew a lease under its existing terms, and thus that stickiness will be more observed among units operated by small landlords who are more averse to turnover-induced vacancy.”
From Housing versus home sharing: the causal impact of short-term rental regulation on residential rents (2026) · cites this paper as Gallin and Verbruge (2019)
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Cited by
Housing versus home sharing: the causal impact of short-term rental regulation on residential rents
Wachsmuth, D., & St-Hilaire, C. (2026) · Regional Studies · doi:10.1080/00343404.2026.2670360 · Cited by 2
Metadata
- Authors
- Gallin, J., & Verbrugge, R. J.
- Venue
- Journal of Economic Theory
- Publisher
- Elsevier BV
- Published
- 2019-09
- Volume
- 183
- Pages
- 478-519
- ISSN
- 0022-0531
- Cited by
- 36
- References
- 0
- Language
- en
- Licence
- www.elsevier.com/tdm/userlicense/1.0/ (tdm)
- www.elsevier.com/legal/tdmrep-license (tdm)
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