This paper investigates the long-run convergence of regional house prices in the UK. Existing studies have failed to reach a consensus on whether or not regional house prices exhibit long-run convergence with each other. The application is proposed of a new test involving unit root testing of...

Prior studies suggest that homeownership positively impacts on social capital formation. However, many studies find it difficult to control adequately for selection effects in the form of factors, some of which may be unobserved, that encourage both homeownership and investment in social capital...

This paper utilises two politically determined natural experiments affecting state-provided social housing to examine the impact that housing tenure status has on neighbourhood outcomes. From 1990, New Zealand’s National government sold a substantial number of state houses either to...