WIFO Research Briefs

The WIFO Research Briefs present short contributions to economic policy discussions as well as short summaries of WIFO's research work. They are written in compliance with the Guidelines for Good Scientific Practice and scientific policy advice of the Austrian Agency for Research Integrity (ÖAWI) and serve to increase the national and international visibility of WIFO research results.

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Michael Klien, Peter Huber, Peter Reschenhofer (WIFO), Gerlinde Gutheil-Knopp-Kirchwald, Gerald Kössl (GBV)
The Price-Dampening Effect of Non-profit Housing
WIFO Research Briefs, 2023, (6), 10 pages
Commissioned by: The Vienna City Administration
Online since: 23.05.2023 10:00
This Research Brief provides an overview of the main findings of the study "The Price-Dampening Effect of Non-profit Housing". The study examined the impact of non-profit housing in Austria on the for-profit housing segment in a historical and regional perspective. The focus was on rental housing. By analysing micro census and register data from the last 50 years, the study concludes that non-profit housing associations have a significant impact on the overall Austrian housing market, both in terms of quality and rent levels. It has been shown that a 10 percent increase in the share of non-profit housing associations leads to an average decrease in non-regulated rents of 30 to 40 cents per m2. On average, this corresponds to about 5 percent cheaper rents in the non-regulated rental sector due to the price-dampening effect of GBV.
JEL-Codes:R31, L31, L33
Keywords:Austria, Housing, Rent, Ownership, Prices
Research group:Regional Economics and Spatial Analysis
Language:English