Housing policies in Japan after World War II were focused on the quantitative supply of houses with a wide range of …

supply of second-hand dwellings looks more flexible compared with that of new ones. However, the expectations of market …

in supply constraints and determinants of housing demand. Our empirical analysis shows that supply constraints play an …We study the importance of supply constraints in explaining the heterogeneity in house price cycles across geographies … in the United States. Comparing the equilibrium house price generated with and without supply constraints in a …

To the extent that monetary policy influences asset prices, it does so via the demand for assets, by changing the … borrowing costs to purchase assets, or via supply, where movements in interest rates can make investment in assets look more or … less attractive. Fiscal policy interventions can also contribute to bubbles by changing the cost of acquiring specific …

like population growth, and (b) differences in housing supply elasticity. Much of the metropolitan area demand shifts were … related to housing supply, because a lack of supply in some metropolitan areas caused families to migrate, increasing demand … sources of demand—loosening and then tightening of credit markets or trend-following speculative activity. Using a new …