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Home price expectations play a central role in macroeconomics and finance. However, there is little direct evidence on how these expectations affect market choices. We provide the first experimental evidence based on a large-scale, high-stakes field experiment in the United States. We provided...
Persistent link: https://www.econbiz.de/10012835843
This study investigates whether the effectiveness of advertising is limited by overpricing of the advertised good. Using a proprietary database of residential property sales and listings, we find that 1) advertising is effective in increasing a good's sale hazard and transaction price and 2)...
Persistent link: https://www.econbiz.de/10012897593
website. We employ all housing transactions in the period prior and subsequent to this event to assess its effect on housing …
Persistent link: https://www.econbiz.de/10012971413
We conduct a survey experiment among 18,000 respondents in Germany to examine the determinants of support for rent control policies. Highlighting undesirable price and supply effects lowers respondents’ agreement with rent control, while pointing out that it can prevent displacement of...
Persistent link: https://www.econbiz.de/10014354010
We conduct a survey experiment among 18,000 respondents in Germany to examine the determinants of support for rent control policies. Highlighting undesirable price and supply effects lowers respondents' agreement with rent control, while pointing out that it can prevent displacement of...
Persistent link: https://www.econbiz.de/10014292817
Persistent link: https://www.econbiz.de/10011589051
Persistent link: https://www.econbiz.de/10011655010
Persistent link: https://www.econbiz.de/10011986793
Home price expectations are believed to play an important role in housing dynamics, yet we have limited understanding …. These results are consistent with recent behavioral models of housing cycles. Finally, we present robust evidence of home … price expectations impacting (actual and intended) housing-related behaviors, both in the cross section and within-individual. …
Persistent link: https://www.econbiz.de/10011547755
Persistent link: https://www.econbiz.de/10008909518