$ uonstntin eF uholodilin a,b D estin uohl c,d D uli rozorov b D tulien viheron e a hs ferlinD wohrenstrße SVD IHIIUD ferlinD qermny b x riD untemirovsky ulFD QD korpF ID IWRIHHD tF etersurgD ussi c wxElnkEsnstitut f¤ ur qesellshftsforshung ulstrße QD SHTUTD gologneD qermny d ppsl niversityD oiology nd sfpD weden e vsiD II orte des ienesD RQTT ishEsurEelzetteD vuxemourg Abstract sn the shdow of homeownership nd puli housingD soil poliy through the regultion of privte rentl mrkets is negleted nd underestimted (eld of soil poliyF his pperD thereforeD presents unique new dt on the development of privte tenny legisltion through the inry oding of rent ontrolD the protetion of tennts from evitionD nd rentl housing rE tioning lws ross more thn PS ountries nd IHH yersF his longErun perspetive revels the dynmi e'ets of rent ontrol on the rise of homeownership s the dominnt tenure during the PHth enturyF e (nd tht oth rent regultion nd rtioning legisltion e'etively inresed homeownershipD ut only up to ertin thresholdF e suggest tht the shortEterm lure of n inexpensive soil poliy for tennts hs led to the longEterm mrginliztion of rentl mrkets in mny ountriesF KeywordsX romeownershipD rent ontrolD tenure seurityD housing rtioningD dynmi pnel dt modelF JEL codesX gPQD yIVD QVF $ e thnk ispen endersenD hilip endoD endr¡ es flno flnoD imily hixD ghristin inzerD ghristoph inzlerD wrkus porsterD osemry qoodyerD rildur qr¡ o qunnrsd¡ ottirD uri qyllnderD elejndro too ystphukD tko tuulEndergD ennik ulintefeltD tulij uolomijevD srene uullD tussi vhtinenD wette vindE jerg tørgensenD entii wlinenD lentins wikel¡ ensD himitrios woshosD eter x¤ geleD wounir xouriD uu rui hnD hmitriy hevykovD foriss iliverstovsD t¡ on ¡ unr veinssonD srin einergD nd im enevskienc for their kind help in (nding the sttistil dt nd legl tsF he uthors on(rm tht the pper involves no interest on)itsF

$ uonstntin eF uholodilin a,b D estin uohl c,d D uli rozorov b D tulien viheron e a hs ferlinD wohrenstrße SVD IHIIUD ferlinD qermny b x riD untemirovsky ulFD QD korpF ID IWRIHHD tF etersurgD ussi c wxElnkEsnstitut f¤ ur qesellshftsforshung ulstrße QD SHTUTD gologneD qermny d ppsl niversityD oiology nd sfpD weden e vsiD II orte des ienesD RQTT ishEsurEelzetteD vuxemourg Abstract sn the shdow of homeownership nd puli housingD soil poliy through the regultion of privte rentl mrkets is negleted nd underestimted (eld of soil poliyF his pperD thereforeD presents unique new dt on the development of privte tenny legisltion through the inry oding of rent ontrolD the protetion of tennts from evitionD nd rentl housing rE tioning lws ross more thn PS ountries nd IHH yersF his longErun perspetive revels the dynmi e'ets of rent ontrol on the rise of homeownership s the dominnt tenure during the PHth enturyF e (nd tht oth rent regultion nd rtioning legisltion e'etively inresed homeownershipD ut only up to ertin thresholdF e suggest tht the shortEterm lure of n inexpensive soil poliy for tennts hs led to the longEterm mrginliztion of rentl mrkets in mny ountriesF KeywordsX romeownershipD rent ontrolD tenure seurityD housing rtioningD dynmi pnel dt modelF JEL codesX gPQD yIVD QVF $ e thnk ispen endersenD hilip endoD endr¡ es flno flnoD imily hixD ghristin inzerD ghristoph inzlerD wrkus porsterD osemry qoodyerD rildur qr¡ o qunnrsd¡ ottirD uri qyllnderD elejndro too ystphukD tko tuulEndergD ennik ulintefeltD tulij uolomijevD srene uullD tussi vhtinenD wette vindE jerg tørgensenD entii wlinenD lentins wikel¡ ensD himitrios woshosD eter x¤ geleD wounir xouriD uu rui hnD hmitriy hevykovD foriss iliverstovsD t¡ on ¡ unr veinssonD srin einergD nd im enevskienc for their kind help in (nding the sttistil dt nd legl tsF he uthors on(rm tht the pper involves no interest on)itsF

No abstract