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Housing insecurity and homelessness : evidence from the UK
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Fetzer, Thiemo, Sen, Srinjoy and Souza, Pedro C. L. (2022) Housing insecurity and homelessness : evidence from the UK. Journal of the European Economic Association . jvac055. doi:10.1093/jeea/jvac055 ISSN 1542-4766. (In Press)
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WRAP-Housing-insecurity-and-homelessness-evidence-from-the-UK-Fetzer-22.pdf - Accepted Version Embargoed item. Restricted access to Repository staff only until 21 November 2023. Contact author directly, specifying your specific needs. - Requires a PDF viewer. Download (4Mb) |
Official URL: https://doi.org/10.1093/jeea/jvac055
Abstract
Homelessness and precarious living conditions are on the rise across much of the Western world. This paper exploits quasi-exogenous variation in the affordability of rents due to a cut in rent subsidies for low income households in the United Kingdom in April 2011. Using comprehensive district-level administrative data, we show that the affordability shock caused a significant increase in: financial distress, evictions, property crimes, insecure temporary housing arrangements, statutory homelessness, and actual rough sleeping. The most notable rise in statutory homelessness is driven by families with children, lone parents, individuals with existing health conditions, and as a result of having been evicted. We estimate that the fiscal savings were low and shifted towards the local administration: savings by the central government were partially offset by increase in council spending to meet statutory obligations for homelessness.
Item Type: | Journal Article | ||||||||
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Subjects: | H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HV Social pathology. Social and public welfare |
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Divisions: | Faculty of Social Sciences > Economics | ||||||||
Library of Congress Subject Headings (LCSH): | Housing policy -- Great Britain, Housing -- Prices -- Great Britain, Public housing -- Great Britain, Homelessness -- Great Britain, Homeless persons -- Great Britain, Rent subsidies -- Great Britain, Housing subsidies -- Great Britain | ||||||||
Journal or Publication Title: | Journal of the European Economic Association | ||||||||
Publisher: | Oxford University Press | ||||||||
ISSN: | 1542-4766 | ||||||||
Official Date: | 2022 | ||||||||
Dates: |
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Article Number: | jvac055 | ||||||||
DOI: | 10.1093/jeea/jvac055 | ||||||||
Status: | Peer Reviewed | ||||||||
Publication Status: | In Press | ||||||||
Reuse Statement (publisher, data, author rights): | This is a pre-copyedited, author-produced version of an article accepted for publication in Journal of the European Economic Association following peer review. The version of record [insert complete citation] is available online at: https://doi.org/10.1093/jeea/jvac055 | ||||||||
Access rights to Published version: | Restricted or Subscription Access | ||||||||
Date of first compliant deposit: | 21 June 2022 | ||||||||
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