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rent control regimes, we find that for the aggregate market, the growth rate in prices of rent controlled coaches in census tracts comprised of younger households was 1.81 percentage points higher than the overall market. We also find that for census tracts comprised of older households, the growth rate in the prices of rent controlled coaches was 0.62 percentage points higher than the overall market (1.19 percentage points lower than for census tracts with younger households). Before 1993, for the pooled data, for census tracts with younger households, the rate of price increase for coaches in rigid rent controlled regimes experiences a negative and significant decrease (-0.48 percentage points) while for census tracts with older households the impact is greater (-0.62 percentage points) and significant. The results for census tracts with younger and older households before and after 1993 in flexible rent control regimes are mixed and as in the other cases likely reflect the heterogeneity of the counties in our sample. Time Series Analysis of Mobile Home Resale Values with and without Rent Control As noted above, the complete data set included 137, 983 repeat -sales from the period beginning in January 1983 and ending in May 2003. These are transactions for coaches sold at least twice during the study period. These data allowed us to conduct a time -series analysis of mobile home resale values and price trends by computing a hybrid weighted repeat -sale index for the full population of sales, for the subset of sales in rent controlled communities and for the subset of sales in communities without rent control. These indexes are quality -adjusted because they measure price differences through time for individual (mainly unchanged) mobile homes. The indexes are reported in Table 7. These indexes show that prices of rent controlled units have increased 153 percent while units not subject to rent control have increased in price 136 percent, a difference of 17 percentage points. The results are much clearer in Figure 2 where it is obvious that after the second quarter of 1993, the index for the rent controlled transactions rises above the index for transactions in markets without controls and remains so for the duration of the study period. We have wrestled with the 1993:2 date. The index results suggest that market -wide, the benefits of rent control appear to be significant after 1993. We attribute the change that is evidenced in 1993:2 to (a) the increasing absolute