This historical research report presents a theory of shortrun market adjustments to exogenous demand shifts, using evidence from the Housing Assistance Supply Experiment. The Housing Assistance Supply Experiment was a 10-year research experiment conducted in the housing markets of Green Bay, Wisconsin and South Bend, Indiana, during which eligible low-income households were provided with monthly cash payments in order to offset their housing costs. The experiment ultimately made payments to 20,000 households and the comprehensive findings, titled “Experimenting with Housing Allowances,” was published as a book.

For more information on the Experimental Housing Allowance Program (EHAP) and to find related reports, please visit the EHAP landing page.

This report is part of the collection of scanned historical documents available to the public.