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Supply subsidies to owners of rental housing construction are typically aimed at increasing the overall size of the housing stock or at guaranteeing affordable housing for low-income households. This paper studies whether and how much the tenants of the social housing units benefit from this...
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Housing prices include housing rent prices indices, real and nominal house prices indices, and ratios of price to rent and price to income. In most cases, the nominal house price index covers the sales of newly-built and existing dwellings, following the recommendations from the RPPI...
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This paper provides a method for the analysis of the spatial and temporal diffusion of shocks in a dynamic system. We use changes in real house prices within the UK economy at the level of regions to illustrate its use. Adjustment to shocks involves both a region specific and a spatial effect....
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