Ending Rent Control Reduced Crime in Cambridge

Using detailed location-specific criminal incident-level data, we find that sudden rent decontrol in Cambridge, Massachusetts in 1995 caused overall crime to fall by 16 percent--approximately 1,200 crimes annually. We estimate that this annual direct benefit to Cambridge residents was roughly $10 mi...

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Bibliographic Details
Main Authors: Autor, David H (Author), Palmer, Christopher John (Author), Pathak, Parag (Author)
Other Authors: Massachusetts Institute of Technology. Department of Economics (Contributor), Sloan School of Management (Contributor)
Format: Article
Language:English
Published: American Economic Association, 2020-12-17T22:42:31Z.
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Online Access:Get fulltext
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100 1 0 |a Autor, David H  |e author 
100 1 0 |a Massachusetts Institute of Technology. Department of Economics  |e contributor 
100 1 0 |a Sloan School of Management  |e contributor 
700 1 0 |a Palmer, Christopher John  |e author 
700 1 0 |a Pathak, Parag  |e author 
245 0 0 |a Ending Rent Control Reduced Crime in Cambridge 
260 |b American Economic Association,   |c 2020-12-17T22:42:31Z. 
856 |z Get fulltext  |u https://hdl.handle.net/1721.1/128852 
520 |a Using detailed location-specific criminal incident-level data, we find that sudden rent decontrol in Cambridge, Massachusetts in 1995 caused overall crime to fall by 16 percent--approximately 1,200 crimes annually. We estimate that this annual direct benefit to Cambridge residents was roughly $10 million (in 2008 dollars), accounting for 10 percent of the growth in the Cambridge residential property values attributable to decontrol. 
520 |a NSF (Grant SES-962572) 
520 |a Alfred P. Sloan Foundation (Grant B2009-47) 
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655 7 |a Article 
773 |t AEA Papers and Proceedings