An Examination of the Impact of Rent Control on Mobile Home Prices in California
This study examines the impact of rent control of mobile home parks in seven counties of California between 1983 and 2003. Sales of mobile homes on rent-controlled pads are hypothesized to sell at prices higher than identical models sold in mobile home parks without rent control. The statistical tests corroborated this expectation. The number of rent-controlled jurisdictions of California has increased over the last twenty years, as has the share of the number, value, and square footage of coaches subject to rent control.