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attractiveness of property investments, and through this channel have large effects on her housing market activity. Our data combine … anonymized social network information from Facebook with housing transaction data and a survey. We first show that in the survey … these findings, we introduce a new methodology to document large effects of housing market expectations on individual …
Persistent link: https://www.econbiz.de/10012988967
The renewed momentum in the German housing market has led to concerns that Germany is vulnerable to asset price shocks …
Persistent link: https://www.econbiz.de/10013079871
This paper demonstrates the way in which stock-flow matching with endogenous seller entry generates hot and cold spells in house sales. Potential sellers know the number of bidders remaining from the last house sale. If two or more bidders remain, the seller obtains the gains to trade through...
Persistent link: https://www.econbiz.de/10013009887
This paper analyzes the tax effects of the German real estate transfer tax (RETT). While the vast majority of single-family houses in Germany are owner-occupied, apartments are usually held by private and incorporated investors. For this reason, we conducted a regression analysis to determine...
Persistent link: https://www.econbiz.de/10012951769
estimate the impact of foreclosure on home prices in Florida and Indiana from 2000 to 2008. We employ a model of housing demand …
Persistent link: https://www.econbiz.de/10013028527
household sector and the housing stock in a two-region DSGE model with out of sync subnational housing markets and compare four …
Persistent link: https://www.econbiz.de/10012922555
Shocks to the demand for housing that originate in one region may seem important only for that regional housing market …. We provide evidence that such shocks can also affect housing markets in other regions. Our analysis focuses on the … response of Canadian housing markets to oil price shocks. We document that, at the national level, real oil price shocks …
Persistent link: https://www.econbiz.de/10012916565
Policies affecting the cost of energy use provide correct incentives for technology choices only if there is a market reward for energy efficiency. We provide clean evidence for market efficiency by considering how heating technologies capitalize into house values using detailed Finnish register...
Persistent link: https://www.econbiz.de/10013045929
with land-intensive production in the non-tradable goods sector (housing). To capture the response to migration on housing … due to increased housing costs, landowners may win. Moreover, we show how the relationship between migration and capital …
Persistent link: https://www.econbiz.de/10013085282
This paper analyzes private precautions against crime when the value of the property to be protected is private information. Within a framework in which potential criminals can choose between various crime opportunities, we establish that decentralized decision-making by potential victims may...
Persistent link: https://www.econbiz.de/10013315885