Showing 1 - 10 of 531
This paper investigates the US housing market from just before the Great Recession onward (2006-2019) and assesses the … housing slump sooner, faster, and more prominently than slower sales. The simulated stock-flow matching model can not only … the importance of stock-flow matching for understanding housing market dynamics. …
Persistent link: https://www.econbiz.de/10013419282
I use daily data from fifty major cities to investigate the early effects of the COVID-19 pandemic on housing market in … relative to the same time period in the previous year. The collapse of the housing market is broad based, hitting all major …
Persistent link: https://www.econbiz.de/10012224225
We study the effects of limited attention on property prices and energy efficiency (EE) investments in the housing …
Persistent link: https://www.econbiz.de/10012308597
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/10009764458
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/10011384560
On the 22nd of February 2011, much of the residential housing stock in the city of Christchurch, New Zealand, was … spatial re-ordering of the housing market in the city. We find a negative correlation between insurance pay-outs and house … which aims to improve on a standard hedonic model, and identify the dynamics of the housing market in the city, and three …
Persistent link: https://www.econbiz.de/10012288010
We examine the evolution of spatial house price dispersion during Germany’s recent housing boom. Using a dataset of … 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
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/10011794305
temporary rent control policy in Berlin, Germany. We calibrate the model to key features of Berlin’s housing market, in … study alternative affordable housing policies such as subsidies and re-zoning policies, which are better suited to address …
Persistent link: https://www.econbiz.de/10012696919
the housing cycle synchronization across MSAs. We derive several conclusions: (i) We show that regional housing cycle … dissimilarities are significantly and strongly connected to geography. (ii) We show that U.S. regional housing cycles are considerably … shorter compared to business cycles. (iii) By employing statistical methods, we also show that regional housing prices …
Persistent link: https://www.econbiz.de/10011306112