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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
critically affect asset price correlations and risk premia. The first result is that the covariation of housing prices and stock … housing rent growth serves as a risk factor in the pricing kernel. The risk premium becomes higher as land supply becomes …A general equilibrium model, that incorporates endogenous production and local housing markets, is developed in order …
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