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an increase in rental supply. Absent the credit supply contraction, annual rent growth would have been 2.1 percentage …
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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
liberalization effects of rent and credit regulation as well as homeownership and austerity policies. Drawing on a long-run time … narrative approach. Estimating logit models, we find that tighter rent and credit controls make bubbles less likely to emerge by … bubbles. The paper illustrates the logic of rent, credit, homeownership and austerity effects with two case studies. …
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, particularly tax policy, to influence a household's decision to own or rent and how shifts in the demand for owner-occupied housing …
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By combining fresh estimates of housing supply and prices with recent long-term projections for their fundamental drivers such as population, income and interest rates, this paper produces scenarios for residential investment and real house prices up to 2050. For half of the covered countries,...
Persistent link: https://www.econbiz.de/10012304426