Extending the controversial findings from the relevant literature, the results from the quarterly transaction-based Nationwide indices from 1974 to 2009 provide further empirical evidence on the rejection of the weak-form version of efficiency in the U.K. housing market. In addition to...

Philippine cities provide the highest levels of service and living standards in the country. Much of what happens to the country in terms of production and employment, income and consumption, and access to basic services and amenities will continue to be determined by the performance of its...

With the ageing of the European population, the housing choices of the elderly will have consequences on the whole housing market. In this paper we use data from the first two waves of the Survey of Health, Ageing and Retirement in Europe (SHARE) to analyse the residential mobility decisions of...

A wide range of aggregate data is used to examine the spatial variation in homeownership rates among a cross-section of 96 German planning regions. The analysis accounts for potential endogeneity of prices and affordability as well as for spatial dependence in homeownership levels. In addition...

In the last three decades, the People's Republic of China (PRC) has managed to replace its welfare-based urban housing system with a market-based housing provision scheme. With such significant housing policy changes, the PRC has successfully expanded urban home ownership and impressively...

Der Beitrag fasst die wesentlichen Erkenntnisse der kumulativen Dissertation “On the Effects of Homeownership Subsidies on the Spatial Distribution of Population, Housing, and Housing Prices within German Cities and Regions” zusammen, die sich in drei Kapiteln mit den räumlichen...

The massive increase of real estate prices in some regions of Germany is a direct consequence of the ongoing financial and debt crisis. Low interest rates and high inflation expectations increase the demand for real estate. In addition to a potential price bubble risk, social problems arouse...

Als besonders eingriffsintensive Instrumente des Baugesetzbuches gelten das Baugebot und die städtebauliche Enteignung. Neben dieser hohen Eingriffsintensität haben beide Instrumente gemeinsam, dass sie selten tatsächlich angewandt werden. Denn die Theorie der responsiven Bodenpolitik besagt,...

Der Beitrag befasst sich mit der Preisentwicklung und dem Marktgeschehen von Wohnbauland in Deutschland mit besonderem Fokus auf die größten Städte. Er zeigt auf, welche Faktoren für die starke Preisentwicklung verantwortlich sind und welche Folgen dadurch für die Bezahlbarkeit des Wohnens...

Although the primary goals of post war housing policy in The Netherlands have beenaccomplished, the Dutch housing market remains highly regulated. This paper develops a staticpartial equilibrium model to investigate the effects of deregulation on the private marketprices and the allocation of...