Using data for six metropolitan housing markets in three countries, this paper provides a comparison of methods used to … measure house price bubbles. We use an asset pricing approach to identify bubble periods retrospectively and then compare … ability to identify bubbles as they form. In view of the complexity of the asset pricing approach, we conclude that a simple …

homeownership rate much above its current level. In this paper, we present the main aspects of housing policy and finance in … discussed in this paper may be useful to housing policy makers in other countries …

. We also measure mortgage underwriting criteria and consider rent control and other policies affecting rental housing. By …

, using both ordinary least squares (OLS) and geostatistical techniques. For this purpose, we use over 13,000 housing …

the hedonic indexes during the period. In particular, they appear to overstate price changes in housing markets. We …

demographic characteristics, household level economic variables, and government housing policies. We present a comprehensive model …. This model is used throughout the paper to compare countries' tax and subsidy policies toward housing and critique various … of measures of housing taxes and subsidies, macroeconomic variables, and household characteristics. Only in this …