Housing Rent Dynamics and Rent Regulation in St. Petersburg (1880–1917)

Konstantin A. Kholodilin, Leonid E. Limonov, Sofie R. Waltl

Research output: Contribution to journalArticlepeer-review

Abstract

This article studies housing rents in St. Petersburg from 1880 through 1917, covering an eventful period of Russian and world history. Digitizing over 5,000 rental advertisements, we construct a state-of-the-art index – the first pre-war and pre-Soviet market data index for any Russian city. In 1915, a rent control and tenant protection policy was introduced in response to soaring prices following the outbreak of WWI. We document official compliance, rising tenure duration, and strongly increased affordability for workers. While the immediate prelude to the October Revolution was indeed characterized by economic turmoil, rent affordability did not dominate.
Original languageEnglish
Article number101398
JournalExplorations in Economic History
Early online date26 Mar 2021
DOIs
Publication statusE-pub ahead of print - 26 Mar 2021

Keywords

  • Rental Market
  • October Revolution
  • Rent Regulation
  • Intra-Urban Rent Dynamics
  • Hedonic Rent Price Index
  • Economic History
  • Pre-Soviet Russia

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