PurposeThere is increasing debate about how to finance the increasing costs of our ageing societies. Much attention in Europe has recently focussed on the extent to which households would be willing to use home equity conversion products. The question to which extent home equity can contribute...

Local policy makers seek ways to deal with their abandoned industrial heritage. The investments made in these industrial heritage sites are often very substantial and designed to stimulate urban renewal. In this paper, we study whether the redevelopment of five industrial heritage sites caused...

In many metropolitan areas around the world there exist binding restrictions on residential development that are regularly adjusted to the increasing housing needs of the urban population. Such adjustments of direct land use regulations often give rise to significant scarcity rents. These rents...

The quality of newly constructed housing affects the character and possibly the future prosperity of locations for decades. Arguably, the quality of housing also causes externalities to residents in surrounding areas. Given the seeming importance of housing quality it is surprising how little is...