An unsustainable weakening of credit standards induced a US mortgage and housing bubble whose consumption impact was … amplified by innovations altering the collateral role of housing. In countries with more stable credit standards, any … overshooting of construction and house prices owed more to traditional housing supply and demand factors. Housing collateral …

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

This paper examines the role of local housing supply conditions for social capital investment. Using an instrumental … supply of new housing). The empirical findings provide support for the proposition that in these localities house price …

destination housing market rises, the amount and quality of information collected fall, and the chances of making an ill …-informed housing purchase decision increases, reducing the likelihood of such a purchase. Since owning relative to renting is … decrease with the distance moved. Using data from the Survey of English Housing from 1993 to 2008, we document that, consistent …

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 …

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