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The Demand and Supply Model of Housing : Evidence from the Turkish Housing Market
Varli, Yusuf - 2014
This paper models the demand and supply sides of the housing market separately. In the empirical analysis, the vector … supply sides of the Turkish housing market between the period of October 2007 and June 2012. It is found that the housing … effect of the variables on housing demand and supply in Turkey. While the dependent variable on the demand side is real …
Persistent link: https://www.econbiz.de/10013049224
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Geographic constraints and the housing supply elasticity in Germany
Beze, Eyayaw - 2023
The study estimates the housing supply elasticity and the impact of geographic constraints in Germany from 2008 …-2019 using the Bartik instrument. The results show that the housing supply is, on average, inelastic, with a floorspace … housing supply elasticity across districts. Notably, high development intensity decreases the elasticity, while the …
Persistent link: https://www.econbiz.de/10014228596
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Effects of concentrated LIHTC development on surrounding house prices
Voith, Richard P.; Liu, Jing; Zielenbach, Sean; … - In: Journal of housing economics 56 (2022), pp. 1-16
Persistent link: https://www.econbiz.de/10013380852
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The effect of new housing supply in structural models : a forecasting performance evaluation
Girstmair, Stefan - 2024
This paper investigates the importance of including data on new housing supply in Dynamic Stochastic General … financial sector and real estate sector, they have largely overlooked housing supply. I develop an extended DSGE model that … includes both the financial sector and endogenous housing supply and show that forecasting accuracy significantly improves when …
Persistent link: https://www.econbiz.de/10014484423
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The MNB's house price index methodology
Banai, Ádám; Vágó, Nikolett; Winkler, Sándor - 2017
This study presents the detailed method of the MNB's house price index and the results of the new price indices. The index family is considered to be a novelty among Hungarian housing market statistics in several regards. Firstly, the national index was derived from a database starting in 1990,...
Persistent link: https://www.econbiz.de/10011647653
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Housing cycles in Switzerland : a time-varying approach
Drechsel, Dirk - 2015 - Preliminary version
in the interplay between housing demand and supply and GDP growth on house prices for the time period 1981- 2014. We … supply for housing. Furthermore, the response of house prices to mortgage rate shocks weakened after the 1990s real estate …
Persistent link: https://www.econbiz.de/10010526684
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Can the Mortensen-Pissarides model match the housing market facts?
Lisi, Gaetano - 2012
This paper examines whether the Mortensen-Pissarides matching model can account for the housing markets facts, most of all the empirical anomaly known as ‘price dispersion’. Our main finding is that the model can account for the three basic facts of housing market, without any restrictive...
Persistent link: https://www.econbiz.de/10011524919
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Taxation and Housing Markets with Search Frictions
Liberati, Danilo - 2017
Housing taxation is an important policy instrument that shapes households' choices about homeownership and renting as well as the evolution of the housing market. We study the effects of housing taxation in a model with search and matching frictions in the property market and a competitive...
Persistent link: https://www.econbiz.de/10012958150
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Understanding spatial house price dynamics in a housing boom
Kaas, Leo; Kocharkov, Georgi; Syrichas, Nicolas - 2024
housing market to understand the driving forces of rising spatial price dispersion, highlighting the role of housing supply …, housing demand and frictions in the matching process between buyers and sellers. While both shifts in housing supply and …
Persistent link: https://www.econbiz.de/10015057517
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Understanding spatial house price dynamics in a housing boom
Kaas, Leo; Kocharkov, Georgi; Syrichas, Nicolas - 2024
housing market to understand the driving forces of rising spatial price dispersion, highlighting the role of housing supply …, housing demand and frictions in the matching process between buyers and sellers. While both shifts in housing supply and …
Persistent link: https://www.econbiz.de/10015048979