With the ageing of the European population, the housing choices of the elderly will have consequences on the whole … housing market. In this paper we use data from the first two waves of the Survey of Health, Ageing and Retirement in Europe …

effects of tenancy rent control on housing quality and maintenance. Since the discounted revenue received over a fixed …

housing tenure where homeowners commit to mortgage payments. Our model predicts that, as long as mortgage rates exceed the … income volatility is higher. Our model further predicts that the relation between housing wealth and entrepreneurship is …

access to public goods and thereby reduces the estimated response of housing prices by one half compared to conventional … into low-tax municipalities. These findings are robust to a matching approach (MBDD) which compares identical residences on …

in Berlin, Germany, to increase housing and living quality in the aftermath of the city’s division during the Cold War … at best, however, for positive housing externalities. More generally, our findings indicate that the efficiency of …

across households and heterogeneity of the housing stock. We propose a dynamic stochastic model of location choice where … their home motivated by concerns over housing expenditure risk. The model highlights how differences in the timing of moves … earlier, more so in cities with strong housing price growth. These relationships do not hold for renters. …

This paper presents a dynamic theory of housing market fluctuations. It develops a life-cycle model where households … following results. (1) Current income of young credit-constrained households affects housing prices independently of aggregate … income. (2) Housing prices and the number of housing transactions are positively correlated. (3) Housing prices over-react to …

This paper analyzes the effects of land use constraints on housing prices. We provide a new framework for evaluating …

This paper analyzes housing market reactions to the release of previously unpublished information on school quality …, thus controlling for neighborhood unobservables. We find a substantial housing market reaction to publication of school …