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In this paper we explore the role played by policy instruments on the access to housing finance of low-income households. We also analyze the impact of housing credit and subsidies on the quality of life and the quality of dwelling of the beneficiaries. Using the Quality of Life Surveys...
Persistent link: https://www.econbiz.de/10009324191
, sino también a nivel de hogares individuales y subsegmentos tales como los compradores de primera vivienda, los … propietarios, los inversores en vivienda para alquilar y los inquilinos. Este enfoque puede así ofrecer una visión general de los … enfocados al mercado de compraventa de vivienda principal pueden tener efectos colaterales sobre el sector del alquiler, como …
Persistent link: https://www.econbiz.de/10013202540
responsables de la mayor amplitud de los ciclos del precio de la vivienda en España —en comparación con la mayoría de los otros … del ciclo del precio de la vivienda, para mostrar el prominente papel desempeñado por las distribuciones de varias …-ingresos con el objetivo de suavizar el ciclo del precio de la vivienda español de manera que su amplitud se iguale a la del …
Persistent link: https://www.econbiz.de/10013369440
Persistent link: https://www.econbiz.de/10014572191
This paper builds a dynamic general equilibrium model of cities and uses it to analyze the role of local housing markets and moving costs in determining the character and extent of labor reallocation in the US economy. Labor reallocation in the model is driven by idiosyncratic city-specific...
Persistent link: https://www.econbiz.de/10010292111
In a recent set of influential papers, researchers have argued that residential mortgage foreclosures reduce the sale prices of nearby properties. We revisit this issue using a more robust identification strategy combined with new data that contain information on the location of properties...
Persistent link: https://www.econbiz.de/10010292258
We evaluate the effects of laws designed to protect borrowers from foreclosure. We find that these laws delay but do not prevent foreclosures. We first compare states that require lenders to seek judicial permission to foreclose with states that do not. Borrowers in judicial states are no more...
Persistent link: https://www.econbiz.de/10010292272
Spatial heterogeneity and spatial dependence are two well established aspects of house price developments. However, the analysis of differences in spatial dependence across time and space has not gained much attention yet. In this paper we jointly analyze these three aspects of spatial data. We...
Persistent link: https://www.econbiz.de/10010292672
This paper analyzes a model in which housing tenure choice serves as a means of screening households with different utilization rates. If the proportion of low-utilization types is small, there is a separating equilibrium at which tenure choice acts as a screening device: consistent with...
Persistent link: https://www.econbiz.de/10010294725
In this paper, we review the German practice of imputing the costs of owner-occupied housing by increasing the relative weight of actual rents in the CPI. As the structure of owner-occupied housing differs substantially from that of rental housing, this variant of the imputation method may cause...
Persistent link: https://www.econbiz.de/10010295635