Showing 1 - 10 of 52
This study examines short-, medium-, and long-run price expectations in housing markets. We derive and test six hypothesis about the incidence, formation, and relevance of price expectations. To do so, we use data from a tailored household survey, past sale and rental offerings, satellites, and...
Persistent link: https://www.econbiz.de/10014348327
We estimate the effect of housing price changes on fertility and early-life child health in Denmark. Using rich population register data among women aged 20-44 who own a home, we find that for each 100,000 DKK increase in home prices (equivalent to $12,000), the likelihood of giving birth...
Persistent link: https://www.econbiz.de/10012829917
Utilizing new survey data collected between 2009 and 2014, this paper analyzes American households' subjective expectations on future home values. We explore the relationship between house price expectations, local economic conditions, and households' individual characteristics. We examine the...
Persistent link: https://www.econbiz.de/10013045014
We estimate empirically the effect of immigration on house prices and residential construction activity in Spain over the period 1998-2008. This decade is characterized by both a spectacular housing market boom and a stunning immigration wave. We exploit the variation in immigration across...
Persistent link: https://www.econbiz.de/10013157518
This paper provides a method for the analysis of the spatial and temporal diffusion of shocks in a dynamic system. We use changes in real house prices within the UK economy at the level of regions to illustrate its use. Adjustment to shocks involves both a region specific and a spatial effect....
Persistent link: https://www.econbiz.de/10013148339
Using a unique dataset a non-parametric decomposition, we determined whether immigrants with native name, immigrants with foreign name and natives have different outcomes in Spain's housing market. Results suggest there are significant price discounts for immigrants with native names relative to...
Persistent link: https://www.econbiz.de/10012910743
We analyze the role of food insurance on the housing markets of coastal cities. To do so we have assembled a parcel-level dataset including the universe of residential sales for three coastal urban areas in the United States – Miami-Dade county (2008-2015), New York city (2003-2016), and...
Persistent link: https://www.econbiz.de/10012910751
Are coastal cities adjusting to rising sea levels? This paper argues that large-scale events have the potential to ignite the process. We examine the effects of hurricane Sandy on the New York City housing market. We assemble a large plot-level dataset with rich geographic data on housing sales...
Persistent link: https://www.econbiz.de/10012978170
I create a time series of weekly ratios of Google searches, in the US, on buying and selling in the Real Estate Category of Google Trends. I call this ratio the Google US Housing Market BUSE Index or simply the BUSE index. It expresses the number of "buy"-searches for each "sell"-search which,...
Persistent link: https://www.econbiz.de/10013013574
For most people, buying a home is their single largest financial commitment. Previous research shows that Chinese buyers pay less for homes with unlucky addresses and more for homes with lucky addresses. Using Singapore data on housing transactions combined with a plethora of individual buyer...
Persistent link: https://www.econbiz.de/10012993869