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I estimate the impact of market-rate new housing supply on the local rent distribution. As an exogenous shifter of new … new housing supply shift the rent distribution as a whole, suggesting that market-rate new housing supply effectively … housing supply, I exploit local weather shocks during the construction phase that lead to temporary delays in housing …
Persistent link: https://www.econbiz.de/10012426635
community amenities payments in arrears remained the same as in the previous years. The monthly rent cost of a one …
Persistent link: https://www.econbiz.de/10012955637
Persistent link: https://www.econbiz.de/10008660669
This paper uses new household survey data to study expectation formation during the recent housing boom in Germany. The cross section of forecasts depends on only two household characteristics: location and tenure. The average household in a region responds to local conditions but underpredicts...
Persistent link: https://www.econbiz.de/10013330608
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This paper examines housing affordability in Ireland by looking at the distribution of housing costs across households. Using microdata from the SILC survey over the period 2005-2015, the contribution of this paper is threefold. First, the paper considers the trends in the cost of housing in...
Persistent link: https://www.econbiz.de/10011862979
This paper defines a measure of net housing demand or supply which allows the calculation of a long, high frequency … implies a net oversupply. Supply is defined as the available dwelling stock. Demand is calculated from the long term trend in … series is easily and inexpensively replicable. We formulate this measure as excess demand. A negative excess demand figure …
Persistent link: https://www.econbiz.de/10013114615
Persistent link: https://www.econbiz.de/10012818039
exogenous demand shock to the housing market. Employing a two-step difference-in-differences approach, we find significantly …
Persistent link: https://www.econbiz.de/10011811843