RT Journal Article SR Electronic T1 Homeowner Subsidy Repeal and Housing Recentralization JF Land Economics JO Land Econ FD University of Wisconsin Press SP 081821-0095R DO 10.3368/le.081821-0095R A1 Alexander Daminger A1 Kristof Dascher YR 2022 UL http://le.uwpress.org/content/early/2022/08/16/le.081821-0095R.abstract AB Subsidizing homeownership decentralizes cities, so Muth (1967) suggested over half a century ago. This paper’s interest is in the related question of whether repealing a homeownership subsidy recentralizes cities. This question is relevant today, given homeownership subsidies’ ubiquity. We provide a first quasi-experimental test of a subsidy repeal’s spatial effects by turning to Germany’s 2005 homeownership subsidy reform. We find that repealing the subsidy contributed to recentralizing Germany’s cities. Inasmuch as recentralization helps abate carbon dioxide emissions, repealing a homeownership subsidy also helps mitigate global warming.