Showing 1 - 10 of 10,838
fact that the demand for public housing may exceed the available supply. We show that ignoring these supply side … average, 3.8 families that would like to move into the vacated unit. Simple logit demand models that ignore supply side … restrictions cannot generate reasonable wait times and wait lists. Demolitions of existing units increase the degree of rationing …
Persistent link: https://www.econbiz.de/10011757089
developed later, and they increase in-migration from low-income areas. Results are driven by a large supply effect - we show …
Persistent link: https://www.econbiz.de/10012137676
developed later, and they increase in-migration from low-income areas. Results are driven by a large supply effect—we show that …
Persistent link: https://www.econbiz.de/10012198561
between prices, demand and supply. Since vacancy rates are not observable, the demand-supply mismatches are identified using a … markets when complete demand, supply and pricing data are not available. The model may also be useful when data are available …
Persistent link: https://www.econbiz.de/10015046361
Demand pressure, not supply inelasticity, explains coastal markets' high price volatility relative to other US markets … similar historical demand pressure, coastal markets saw greater average price growth, but no worse crashes and no greater …
Persistent link: https://www.econbiz.de/10013039095
This paper shows how Poterba, like many others, tries to use a non-existing demand and supply model to explain housing … price. Instead, this paper derives the housing demand and supply functions without combining them into one single graph. The …
Persistent link: https://www.econbiz.de/10013053004
identical demand changes in the 2000s across markets, a second that proxies for supply elasticity and demand changes in the 2000 … constraints to proxy for supply elasticity and uses state fixed effects to capture variation in demand conditions …There is no evidence that differences in supply elasticity caused cross sectional variation among US housing markets in …
Persistent link: https://www.econbiz.de/10013037177
the qualitative effects of various housing policies on supply and demand. In the last section of the paper, we provide a … their economic impact. To facilitate the analysis, we first introduce a simple two-period housing demand model for owner …-occupied houses and rental houses. We then add a standard stock-flow housing supply model. Using this modelling framework, we explain …
Persistent link: https://www.econbiz.de/10010519204
the qualitative effects of various housing policies on supply and demand. In the last section of the paper, we provide a … their economic impact. To facilitate the analysis, we first introduce a simple two-period housing demand model for owner …-occupied houses and rental houses. We then add a standard stock-flow housing supply model. Using this modelling framework, we explain …
Persistent link: https://www.econbiz.de/10013020915
the match of housing supply and demand reveals housing preferences and housing market constraints. Based on these findings … establishment of an integrated and sustainable urbanization path by considering migrants urban housing demand in China's socio …. The result is a set of housing supply forms and a set of distinctive migrant housing demands. Urban housing outcome and …
Persistent link: https://www.econbiz.de/10010190162