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Bracke, Philippe; Hilber, Christian; Silva, Olmo - London School of Economics (LSE) - 2012

after entering homeownership. The negative link can be rationalized by portfolio considerations: leveraged housing …

Persistent link: https://www.econbiz.de/10011126138

The mortgage interest deduction and its impact on homeownership decisions

Hilber, Christian A. L.; Turner, Tracy M. - London School of Economics (LSE) - 2010

. We find that the MID only boosts homeownership attainment of higher income households in less tightly regulated housing …

Persistent link: https://www.econbiz.de/10010884709

The mortgage interest deduction and its impact on homeownership decisions

Hilber, Christian A. L.; Turner, Tracy M. - London School of Economics (LSE) - 2014

regulated housing markets. In more restrictive places an adverse effect exists. The MID is an ineffective policy to promote …

Persistent link: https://www.econbiz.de/10011126437

New housing supply and the dilution of social capital

Hilber, Christian A. L. - London School of Economics (LSE) - 2007

This paper examines the role of local housing market conditions for social capital accumulation and neighborhood club … and social capital is stronger in more built-up neighborhoods with inelastic supply of new housing. In these neighborhoods …

Persistent link: https://www.econbiz.de/10010928759

The economic implications of house price capitalization: a synthesis

Hilber, Christian A. L. - London School of Economics (LSE) - 2015

In this article I argue that the extent to which fiscal variables are capitalized into house prices has important economic implications. I synthesize an emerging literature that explores the conditions under which public and private investments and intergovernmental transfers are capitalized...

Persistent link: https://www.econbiz.de/10011272169

Local economic conditions and the nature of new housing supply

Hilber, Christian A. L.; Rouwendal, Jan; Vermeulen, Wouter - London School of Economics (LSE) - 2014

We present a modified open monocentric city model that assumes that land is available for conversion into new housing … throughout the city. The model predicts that positive local income shocks (i) increase the city’s share of multi-family housing … Housing Survey from 1984 to 2004 and find support for both predictions. We confirm that the adjustment process is driven by …

Persistent link: https://www.econbiz.de/10011277213

House prices and rents: micro evidence from a matched dataset in Central London

Bracke, Philippe - London School of Economics (LSE) - 2013

Using the proprietary dataset of a real estate agency, I analyse tens of thousands of housing sale and rental …

Persistent link: https://www.econbiz.de/10010744927

Capitalization of central government grants into local house prices: panel data evidence from England

Hilber, Christian A. L.; Lyytikainen, Teemu; Vermeulen, … - London School of Economics (LSE) - 2010

We explore the impact of central government grants on local house prices in England using a panel data set of local authorities (LAs) from 2001 to 2008. Electoral targeting of grants to LAs by the incumbent national government provides an exogenous source of variation in grants that we exploit...

Persistent link: https://www.econbiz.de/10010745191

Explaining the black-white homeownership gap: the role of own wealth, parental externalities and locational preferences

Hilber, Christian A. L.; Liu, Yingchun - London School of Economics (LSE) - 2007

African Americans in the United States are considerably less likely to own their homes compared to Whites. Differences in household income and other socio-economic and demographic characteristics can only partially explain this gap and previous studies suggest that the ‘unexplained’ gap has...

Persistent link: https://www.econbiz.de/10010745486

The economics implications of house price capitalization a survey of an emerging literature

Hilber, Christian A. L. - London School of Economics (LSE) - 2011

House price capitalization – the adjustment of house prices to changes in local public service and tax levels – has long been thought to be a means of testing for efficiency in the local public sector. In this article I argue that the extent of house price capitalization itself may have...

Persistent link: https://www.econbiz.de/10011126064