This paper presents a complex, modular, 1:1 scale model of the Hungarian residential housing market. All the 4 million … and Customs Administration and the largest real estate agencies. The model features transactions in the housing and rental … mar‐ kets, a construction sector, buy‐to‐let investors, housing loans, house price dynamics and a procyclical banking …

We develop an agent-based model of the UK housing market to study the impact of macroprudential policy experiments on … key housing market indicators. The heterogeneous nature of this model enables us to assess the effects of such experiments … on the housing, rental and mortgage markets not only in the aggregate, but also at the level of individual households and …

This paper develops an agent-based model of the UK housing market to study the impact of macroprudential policies on … key housing market indicators. This approach enables us to tackle the heterogeneity in this market by modelling the … selection of micro-data, mostly from household surveys and housing market data sources. We perform a series of comparative …

We develop an agent-based model of the UK housing market to study the impact of macroprudential policy experiments on … key housing market indicators. The heterogeneous nature of this model enables us to assess the effects of such experiments … on the housing, rental and mortgage markets not only in the aggregate, but also at the level of individual households and …

household indebtedness and housing price fluctuations compared with a monetary policy rule augmented with house price inflation … houses and we introduce news shocks on housing demand. We estimate the model with Canadian data using Bayesian methods. We … find that the introduction of news shocks can generate a housing market boom-bust cycle, the bust following unrealized …

market, the labor market, the credit market and the housing market. A set of computational experiments, based on numerical … conditions required by the banking system to grant a mortgage. The authors find that easier access to credit inflates housing … usually caused by falling housing prices. Often the authors find that an initial crisis can leave firms in a fragile state. If …