housing is accepted as collateral. A calibration to the U.S. economy supports the theoretical results and provides novel …

common component in the Office of Federal Housing Enterprise Oversight’s house price movements from state- or region …

consistent with micro evidence on housing choices. We find that a decline in the rate of household formation, increased delay in …

and recovered only partially during the 2001-2005 housing boom. The 1980-2000 decline in young home ownership occurred as …

This working paper comments on Karsten Jeske and Dirk Krueger's 'Housing and the Macroeconomy: The Role of Implicit …

-generation model with housing. We find that the long-run importance of the introduction of new mortgage products for the aggregate …

that the volume of housing transactions increases when the payment profile is increasing and households have little housing … participation effects without increasing the volatility of the housing market. The model predicts that the expansion of mortgage …

essential to quantify how net migration may slow population adjustments. Housing is also a natural candidate for slowing … attractive to potential migrants. We quantify the influence of migration and housing on urban population dynamics using a dynamic … costs of attracting workers to cities drive slow population adjustments. Housing plays a very limited role. …

Housing markets of large cities around the world, particularly in so-called developing and emerging countries, are … housing. On the other hand, international real estate investment, particularly in the upper market segment, is strong. The … resulting mismatch of housing demand and supply increases segregation, marginalises the vulnerable and leads to massive urban …