Showing 1 - 10 of 203
job search with liquid wealth accumulation and consumption of housing that can be rented, bought on credit, or sold. In … using NLSY data from 1978 until 2005. We find that more relaxed housing lending conditions, particularly lower downpayment …
Persistent link: https://www.econbiz.de/10011212745
, including how housing prices should be measured. Previous researchers typically have used some combination of rental payments … and homeowner housing values, but housing values are forward-looking and may not reflect current user costs. This paper … examines differences in quality of life estimates for U.S. metropolitan areas using, alternatively, rents and housing values …
Persistent link: https://www.econbiz.de/10010695854
Economic hardship is strongly reflected by the housing market. It is the concern of much research, but its analysis is … modification request. Other relevant searches for "short sale", "REO" (as in Real Estate Owned) or "FHA" (as in Federal Housing … Administration) are used to provide a comprehensive view of the housing market. Using data from the great recession and benchmarking …
Persistent link: https://www.econbiz.de/10009225764
In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the …. Our model offers a new way to look at the housing market from a search-theoretic perspective. In addition, we contribute …
Persistent link: https://www.econbiz.de/10008497015
2007, the difference in housing price in Spain is larger at lower and higher percentiles. Secondly, the most important part … of the difference in the distribution of housing prices between 2004 and 2007 is explained by coefficients (with all the …
Persistent link: https://www.econbiz.de/10011279297
Neighborhoods are the result of a complicated interplay between residential choice, housing supply and the influences … Zone program) on neighborhood characteristics, especially housing values. This system of equations approach allows us to … in the housing stock or neighborhood demographics. In the process, we are able to shed light on the rich simultaneity …
Persistent link: https://www.econbiz.de/10005014663
Much has been written identifying property price effects of historic preservation policies. Little attention has been paid to the possible policy endogeneity in hedonic price models. This paper outlines a general case of land use regulation in the presence of externalities and then demonstrates...
Persistent link: https://www.econbiz.de/10005014666
the period 1998-2008. This decade is characterized by both a spectacular housing market boom and a stunning immigration … prices and quantities in the housing market. Between 1998 and 2008, the average Spanish province received an immigrant inflow … responsible for 37% of the total construction of new housing units during the period. These figures imply that immigration can …
Persistent link: https://www.econbiz.de/10005029646
We develop a new methodology to estimate the elasticity of urban costs with respect to city population using French land price data. Our preferred estimate, which handles a number of estimation concerns, stands at 0.041. Our approach also yields a number of intermediate outputs of independent...
Persistent link: https://www.econbiz.de/10010766379
This paper estimates the impact of the murder of film maker Theo van Gogh on November 2, 2004, on listed house prices in Amsterdam with a unique dataset. We use an hedonic-market approach to show that general attitudes towards Muslim minorities were negatively affected by the murder....
Persistent link: https://www.econbiz.de/10005762096