Showing 1 - 10 of 21
Finance linked to construction and the housing industry has been the most dynamic element of credits and loans granted … house prices, the evident excess of housing supply and the growing debt levels of Spanish families are responsible for … smooth. The question lies in estimating the scale of the financial crisis and the crisis in the housing sector, and assessing …
Persistent link: https://www.econbiz.de/10009221698
framework. Housing is a durable good which involves both consumption and investment components. We develop a model that explains … deviations from this equilibrium. Empirical studies of the housing market show significant low-frequency fluctuations over time … argue that the periods of relatively high housing prices with respect to rental prices correspond to additional demand for …
Persistent link: https://www.econbiz.de/10009221746
A housing market model for Sweden has been estimated on semi-annual data for 1970-97 by separately modelling the demand … financial wealth, private housing stock to income, the stock of rental housing (flats) to the private housing stock, and the … period, Swedish house prices and housing investment are tracked quite well with this specification. The importance of the …
Persistent link: https://www.econbiz.de/10009221758
. We conclude that there is dichotomy in the Dutch housing market, where in particular households owning their own house … before 1992 have seen their capital grow strongly and have profited from this development both in and outside the housing … lever operating generated by the owner-occupied housing sector. The baby-boom generation profited most from this operation …
Persistent link: https://www.econbiz.de/10009221839
affordable housing through planning. …This paper reviews the proposal for a new tax on the 'windfall gains' arising from the granting of planning permission … practical problems of applying such a tax, in the form of a 'Planning-gain Supplement', are explored. The relationship between …
Persistent link: https://www.econbiz.de/10009221830
Housing occupies a unique place in public policy, neither fully part of the welfare state, nor fully part of the free … market…Nevertheless, housing has been subject to sustained, pervasive and fundamental forms of intervention by the state for … well over a hundred years. Today's housing markets and housing outcomes have been decisively shaped by public policy …
Persistent link: https://www.econbiz.de/10009221648
The housing market becomes more essential in monetary policy. This paper attempts to analyse the role of the housing … the Hungarian housing and mortgage markets in the last years, as well as the expected developments and changes attendant … monetary policy on housing investment and consumption. Apart from the standard transmission channels, we identified two other …
Persistent link: https://www.econbiz.de/10009221649
the positive economic development into better housing for their citizens (including the access to mortgage credit). The …
Persistent link: https://www.econbiz.de/10009221680
indications of the future demand for rental housing. The results indicate that future rental demand will come from an increasing … believed that the structural traits found in the Danish housing market and the technique employed is of interest to housing …
Persistent link: https://www.econbiz.de/10009221683
. Losses of inhabitants normally have a negative effect on the housing market. Prices of owner-occupied dwellings decrease and … good living conditions and a strong housing market, also have a net inmigration of middle-aged or elderly households. The … analysis also shows that a net outmigration is not always in conflict with a dynamic housing market. If there is a reasonably …
Persistent link: https://www.econbiz.de/10009221711