Theoretical Causes for Vacancies in the Housing Market There are different causes for vacancies in the housing market … order to explain vacancies in the housing market in the context of the prospect theory. From these theories different …

by lowering housing rents can be countered by an argument based on alternative, but market-oriented costs from the … housing economy, which postulates that from the owners’ point of view the alternatives of demolition, vacancy or rental can be … where owners become indifferent between rental and vacancy. In view of the low elasticities in housing demand, such rent …