Showing 1 - 10 of 2,159
homeownership attainment, using data from 1984 to 2007 and exploiting variation in the subsidy arising from changes in the MID … on homeownership. We find that the MID boosts homeownership attainment only of higher-income households in less tightly … homeownership and improve social welfare. © 2014 The President and Fellows of Harvard College and the Massachusetts Institute of …
Persistent link: https://www.econbiz.de/10010959108
This paper describes the determinants of housing demand in Brazil, with the intention of informing policy aimed at reducing the housing deficit and increasing home ownership. As price elasticity for renters is slightly higher, public policies that aim to influence the price of dwellings and/or...
Persistent link: https://www.econbiz.de/10010673115
This paper argues that making affordable home mortgage loans available to a large cross section of the population will serve both the redistributive and growth-enhancing objectives of poverty reduction policies. The current state of housing and mortgage markets in selected Middle East and North...
Persistent link: https://www.econbiz.de/10005825998
Homeownership rates have increased significantly in many OECD countries over recent decades. Using micro … homeownership rates remains unexplained by shifts in household characteristics, leaving a potential role for public policy in … explaining developments in homeownership rates. Panel estimates suggest that the relaxation of down-payment constraints on …
Persistent link: https://www.econbiz.de/10008873251
Der Verfasser befaßt sich mit dem Stand der quantitativen und qualitativen Wohnraumversorgung, sowie der Stadtentwicklung in der DDR. Er stellt fest, daß die DDR mit nur 5% Wohnungen die nach 1945 errichtet wurden über die älteste Bausubstanz aller Industrieländer verfügt. Durch verfehlte...
Persistent link: https://www.econbiz.de/10005013468
innerhalb der EU-27 die wenigsten Haushalte mit selbst genutztem Wohneigentum aufweist. Anhand der Entwicklung seit den 50er …
Persistent link: https://www.econbiz.de/10010981093
This paper examines housing finance and housing price dynamics in selected emerging Middle Eastern economies over the past two decades. It finds that (i) mortgage markets have experienced rapid development, which has led to lower private per capita consumer spending volatility this decade; (ii) a...
Persistent link: https://www.econbiz.de/10008561070
Korean household debt has reached 148 percent of disposable income, high by emerging market standards. Most of this debt remains at variable rates, shifting the interest rate risk from better diversified financial institutions to households and increasing their sensitivity to macroeconomic...
Persistent link: https://www.econbiz.de/10005769235
The financial crisis showed, once again, that neglecting real estate booms can have disastrous consequences. In this paper, we spell out the circumstances under which a more active policy agenda on this front would be justified. Then, we offer tentative insights on the pros and cons as well as...
Persistent link: https://www.econbiz.de/10009019603
Deuten die aktuellen Preisanstiege auf den Immobilienmärkten auf eine Immobilienblase hin? Für Andreas Dombret, Deutsche Bundesbank, gehören Preisblasen an Immobilienmärkten zu den größten Risiken für die Finanzstabilität. Die Folgen derartiger Übertreibungen könnten...
Persistent link: https://www.econbiz.de/10010633257