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An understanding of the house price to rent ratio and its determinants is important in assessing housing market developments and tenure choice therein. While the ratio is most usually explained by the user cost of capital, the influence of credit conditions on it has been added to econometric...
Persistent link: https://www.econbiz.de/10011787811
In the growing literature on the importance of household balance sheets to macroeconomic developments, the relationship between housing wealth and fiscal outturns needs consideration given the likely links between housing market developments and particular tax headings. We adopt the housing net...
Persistent link: https://www.econbiz.de/10014304161
An understanding of the house price to rent ratio and its determinants is important in assessing housing market developments and tenure choice therein. While the ratio is most usually explained by the user cost of capital, the influence of credit conditions on it has been added to econometric...
Persistent link: https://www.econbiz.de/10011781791
Persistent link: https://www.econbiz.de/10012626514
In the growing literature on the importance of household balance sheets to macroeconomic developments, the relationship between housing wealth and fiscal outturns needs consideration given the likely links between housing market developments and particular tax headings. We adopt the housing net...
Persistent link: https://www.econbiz.de/10013335918
The performance of the Irish economy stands out across western economies over the past two decades as the later years of its "Celtic Tiger" phase gave way to a sharp and extremely large economic downturn between 2008 and 2012. This severe recession has been followed by a Lazarus-style economic...
Persistent link: https://www.econbiz.de/10014524221