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Delivering affordable housing and neighborhood quality : a comparison of place- and tenant-based programs

Eerola, Essi; Saarimaa, Tuukka - 2017 - This version: September 2017

This paper analyzes the relative merits of large place- and tenant-based housing programs in Finland in terms of housing affordability and neighborhood quality. Using hedonic regression methods and household micro data, we find that rent savings to public housing tenants are less targeted...

Persistent link: https://www.econbiz.de/10011734387

Gentrification and affordable housing policies

Borck, Rainald; Gohl, Niklas - 2021

We use a quantitative spatial equilibrium model to evaluate the distributional and welfare impacts of a recent temporary rent control policy in Berlin, Germany. We calibrate the model to key features of Berlin’s housing market, in particular the recent gentrification of inner city locations....

Persistent link: https://www.econbiz.de/10012696919

Supply restrictions, subprime lending and regional US house prices

Anundsen, André Kallåk; Heebøll, Christian - 2015

With regard to the recent US house price cycle, we analyze how the interaction between housing supply restrictions … Statistical Areas, we estimate a simultaneous boom-bust system for house prices, housing supply and subprime lending. The model … accounts for regional differences in supply elasticities that are determined by local variations in topographical and …

Persistent link: https://www.econbiz.de/10010488113

Limited attention in the housing market : threshold effects of energy-performance certificates on property prices and energy-efficiency investments

Sejas-Portillo, Rodolfo; Comerford, David; Moro, Mirko; … - 2020

We study the effects of limited attention on property prices and energy efficiency (EE) investments in the housing market. Using a novel dataset, we analyse over 5 million residential property sale transactions in England and Wales, each containing information about sale price, property and...

Persistent link: https://www.econbiz.de/10012308597

The short and the long of it : stock-flow matching in the US housing market

Smith, Eric; Xie, Zoe; Fang, Lei - 2022

This paper investigates the US housing market from just before the Great Recession onward (2006-2019) and assesses the viability of stock-flow matching in generating the observed outcomes. The paper documents that the probability a house sells declines sharply after listing for two weeks....

Persistent link: https://www.econbiz.de/10013419282

Understanding spatial house price dynamics in a housing boom

Kaas, Leo; Kocharkov, Georgi; Syrichas, Nicolas - 2024

housing market to understand the driving forces of rising spatial price dispersion, highlighting the role of housing supply …, housing demand and frictions in the matching process between buyers and sellers. While both shifts in housing supply and …

Persistent link: https://www.econbiz.de/10015048979

Housing cooperatives, housing affordability, and rent control

Wrede, Matthias - 2024 - This version: October 2024

Housing cooperatives have a significant share in some countries, particularly in urban housing markets, and are supported by municipalities through tax breaks and preferential access to land. We examine the contribution of housing cooperatives to the provision of affordable housing and how they...

Persistent link: https://www.econbiz.de/10015098963

Homeownership : low household mobility, volatile housing prices, high income dispersion

Ortalo-Magné, François; Rady, Sven - 2002

We develop a dynamic stochastic equilibrium model of two locations within a city where heterogeneous households make joint location and tenure mode decisions. To investigate the effect of homeownership on equilibrium prices and allocations, we compare the response of this model economy to a...

Persistent link: https://www.econbiz.de/10011514075

The geographical determinants of within-city heterogeneity in urban density

Krause, Melanie; Seidel, André - 2020

This paper studies the impact of building land limitations on within-city variation in urban density and its components crowding, residential coverage, and building height. We utilise geographical obstacles like steep inclines or water bodies as exogenous source of building land limitations...

Persistent link: https://www.econbiz.de/10012307428

Airbnb and rental markets : evidence from Berlin

Duso, Tomaso; Michelsen, Claus; Schäfer, Maximilian; … - 2021

Airbnb supply has a much larger impact on rents and long-term rental supply for the ﬁrst reform. This is consistent with more … supply. …

Persistent link: https://www.econbiz.de/10012515043

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