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The article presents the author's model of pricing at the housing market. Economic indicators according to which the … analysis should be carried out are defined in this article. The analysis of prices at the housing market of CIS countries on …
Persistent link: https://www.econbiz.de/10011259018
a semi-parametric hedonic pricing model for about 90,000 housing units transacted in Hong Kong between 2005 and 2006. We … first identify a hedonic price function by locally regressing the rental price of the housing unit on its intrinsic and … experiments show that reallocating Public Rental Housing by half can increase the welfare of homeowners by about HK$8,000 on …
Persistent link: https://www.econbiz.de/10009226813
We develop an equilibrium search model of the housing market where sellers may become distressed as they are unable to …
Persistent link: https://www.econbiz.de/10009647382
The housing market exhibits a puzzling yet repetitive seasonal boom and bust cycle where prices and trade volume rise …
Persistent link: https://www.econbiz.de/10009647383
This paper reviews the policy response to the 2007–09 financial crisis from the perspective of a senior Treasury official at the time. Government agencies faced severe constraints in addressing the crisis: lack of legal authority for potentially helpful financial stabilization measures, a...
Persistent link: https://www.econbiz.de/10008592935
at a whole scale ranging from an interior space within the housing unit to the whole urban environment. This study aimed … obtained from two distinct independent housing researches conducted in Turkey. The analysis and evaluation of the findings … neighbourhood issue. The evaluation of the literature, manifestos and approaches of most housing institutions and policy builders in …
Persistent link: https://www.econbiz.de/10008516577
housing deficit of the provinces for the national program distribution, this relationship provides inequities and lack of … Promotion and Social Assistance programs (except those which by law are distributed according to NBI). In the case of Housing … and Urban Development, a role that increased significantly during the analysed period, with major housing schemes promoted …
Persistent link: https://www.econbiz.de/10008526973
A general equilibrium model, that incorporates endogenous production and local housing markets, is developed in order … to explain the price relationship among human capital, housing, and stocks, and to uncover the role of housing in asset … pricing. Housing serves as an asset as well as a durable consumption good. It is shown that housing market conditions …
Persistent link: https://www.econbiz.de/10005619522
involves several important issues, most important being how housing prices should be measured. Previous researchers typically … have used some combination of rental payments and homeowner housing values. This paper examines differences in quality of … life estimates for U.S. metropolitan areas using, alternatively, rents and housing values. We find that the two measures of …
Persistent link: https://www.econbiz.de/10008611586
the empirical side, I provide different types of evidence to support that housing demand shocks (shocks to the aggregate … marginal rate of substitution between housing and tradables) help to explain the global imbalances. On the theory side, I show … that shocks to the demand for housing generate trade deficits without need for the standard ingredients used by others to …
Persistent link: https://www.econbiz.de/10008619183