In the UK, around 55% of householdsí net worth is in housing. More than 70% of households in the UK own a house and holding such a large amount of undiversified real asset poses risk. It is not always that a house would appreciate in value, though a housing investment has been recognised as a...

The period of study, from 2000 to 2010, was a decade of turbulence in the American residential real estate market. The time period witnessed a sharp increase in property prices from 2000 to 2006 followed by a sharp decline after the 2007 sub-prime crisis in most markets in the US. The objective...

Home purchase is financed through equity and debt. Housing finance arrangements require initial downpayments and impose monthly repayments. Similar to many countries, Japanese households accumulate savings out of their current income and receive private transfers from parents or relatives. From...

K<sc>oblyakova</sc> A., H<sc>utchison</sc> N. and T<sc>iwari</sc> P. Regional differences in mortgage demand and mortgage instrument choice in the UK, <italic>Regional Studies</italic>. This paper presents empirical evidence of regional variations in mortgage choice decisions within the UK's mortgage sector. Utilizing British Household...

Designing housing policies and programmes requires a careful estimation of household affordability and demand for housing. The efficiency of housing subsidies would depend on price elasticities of housing demand. Different households have different perceptions of housing demand based on their...

Housing policy formulation should be informed by a careful understanding of the behaviour of the urban housing market, as reflected by housing demand behaviour. Such basic information is important, not only for improved project design but also for the development of better sector-wide policies....