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

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 …

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

This paper investigates the impact of immigration on the probability of being in social housing in the UK. In recent … years immigrant households are slightly more likely than natives to be in social housing but once one controls for relevant … household characteristics immigrants are significantly less likely to be in social housing than natives. However, there has been …

equilibrium framework. Preferences are modelled such that demand for housing units in the city is downward sloping, which yields a … redeveloped land that accrues to its owner. However, depending on the price elasticity of urban housing demand and the strength of …