Purpose – This paper aims to use Markov switching vector auto regression (MSVAR) methods to examine UK house price cycles in UK regions at NUTS1 level. There is extensive literature on UK regional house price dynamics, yet empirical work focusing on the duration and magnitude of regional...

R<sc>euschke</sc> D. and M<sc>aclennan</sc> D. Housing assets and small business investment: exploring links for theory and policy, <italic>Regional Studies</italic>. Housing market activity and firm formation are both positively correlated with the business cycle, and the levels of mortgage lending to business owners and funding...

The paper examines the implicit assumptions made in hedonic studies of urban house prices. It is apparent that the technique can only be applied to city wide cross section analysis when sample data is capable of meaningful disaggregation. Previous uses of the technique are examined and it is...

The paper presents by using regionally disaggregated data for the British Economic Planning Regions some questions on the usefulness of current macro-oriented approaches to the modelling of house price inflation. The paper indicates that such models should be restricted in their use to national...

Redlining in the housing market occurs when building societies explicitly delineate in some way sections of cities where they will not usually grant mortgages. This paper considers redlining as part of the broader question of credit rationing, and derives a number of alternative possible...

This paper examines the 'global competition' aspects of housing policies and the implications of an emerging 'flexible' economic order for housing markets in advanced economies. An overview is given of movements in international patterns of growth and trade, including a review of the effects on...