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model that shows how the effect of an immigrant inflow in a district affects local housing prices through changes in how … tested using a novel dataset on housing prices and population variables at the district level for a sample of 20 large … immigrants across districts to predict current settlements. We find that immigration raises average housing prices at the city …
Persistent link: https://www.econbiz.de/10011099635
housing market: Italy and the international comparison", held in Rome at the Bank of Italy on 20 November 2012. The various …
Persistent link: https://www.econbiz.de/10011277934
household consumption positively in the long-run, with the elasticity of housing wealth being greater than that of stock market … vulnerable to further adverse developments in the housing market. …
Persistent link: https://www.econbiz.de/10009645796
The ability of a two-sector model to quantify the contribution of the housing market to business fluctuations is … constraints, displays the following features: first, a large fraction of the upward trend in real housing prices over the last 40 … years can be accounted for by slow technological progress in the housing sector; second, residential investment and housing …
Persistent link: https://www.econbiz.de/10005111542
, cost of loans and other elements affecting the demand for housing (such as population growth). The paper also assesses how …. The role of public housing in helping to the problems is also discussed. Despite the wide diffusion of home ownership …
Persistent link: https://www.econbiz.de/10005609411
indicators of housing market conditions. For the purpose of assessing whether house prices are misaligned, the most sensible …
Persistent link: https://www.econbiz.de/10005609419
separate the price variation due to qualitative changes in housing attributes from pure price changes. Finally, we compare …
Persistent link: https://www.econbiz.de/10008582229
Asia and Central and Eastern Europe, over the period 1995-2011. Linking housing valuations to a set of conventional … a somewhat slow adjustment to shocks to the latter. Moreover, the evidence that housing valuations may be driven by …
Persistent link: https://www.econbiz.de/10011099657
indicator now makes it possible to analyze medium- and long-term trends with satisfactory representation of the Italian housing … market. It also allows for timely updating, for prompt assessment of housing input both to the business cycle and to …
Persistent link: https://www.econbiz.de/10005467324
The supply chain of the real estate sector accounts for one fifth of Italian GDP; its importance for the banking system is even greater: lending to this sector accounts for more than one third of total loans to the private sector. The crisis in the construction and real estate sector started...
Persistent link: https://www.econbiz.de/10011206251