Similar Search Results

Homeownership : low household mobility, volatile housing prices, high income dispersion

Ortalo-Magné, François; Rady, Sven - 2002

joint location and tenure mode decisions. To investigate the effect of homeownership on equilibrium prices and allocations … three results. First, homeownership enables more households to remain in the more desirable location at the expense of … newcomers. Second, homeownership adds to the volatility of the housing market. Third, homeownership may amplify the dispersion …

Persistent link: https://www.econbiz.de/10011514075

Bonakdar, Said Benjamin; Roos, Michael W. M. - 2021

Residential choice does not only depend on properties of the dwelling, neighborhood amenities and affordability, but is also affected by the population composition within a neighbourhood. All these attributes are capitalised in the house price. Empirically, it is not easy to disentangle the...

Persistent link: https://www.econbiz.de/10012433602

International migration and regional housing markets : evidence from France

Albis, Hippolyte d’; Boubtane, Ekrame; Coulibaly, Dramane - 2017

This article examines the causal relations between non-European immigration and the characteristics of the housing market in host regions. We constructed a unique database from administrative records and used it to assess annual migration flows into France's 22 administrative regions from 1990...

Persistent link: https://www.econbiz.de/10011607539

Migration and housing price effects of place-based college scholarships

Bartik, Timothy J.; Sotherland, Nathan - 2015

Place-based college scholarships, such as the Kalamazoo Promise, provide students who live in a particular place, and/or who attend a particular school district, with generous college scholarships. An important potential benefit from such "Promise programs" is their short-term effects on local...

Persistent link: https://www.econbiz.de/10011399471

The Determinants of Declining Internal Migration

Olney, William W.; Thompson, Owen - National Bureau of Economic Research - 2024

Internal migration in the United States has declined substantially over the past several decades, which has important implications for individual welfare, macroeconomic adjustments, and other key outcomes. This paper studies the determinants of internal migration and how they have changed over...

Persistent link: https://www.econbiz.de/10014486215

The effect of immigration on the German housing market

Unal, Umut; Hayo, Bernd; Erol, Isil - 2022

This study provides evidence of the causal impact of immigration on German house prices, flat prices, and flat rents using an extensive dataset covering 382 administrative districts over the period 2004-2020. Employing a panel-data approach and a manually constructed shift-share instrument, we...

Persistent link: https://www.econbiz.de/10013415524

The economic implications of house price capitalization : a survey of an emerging literature

Hilber, Christian - 2011

Persistent link: https://www.econbiz.de/10009546968

Housing choices and labor income risk

Jansson, Thomas - 2013

I show that individuals whose unemployment risk tends to increase more when local home prices fall optimally invest less in owner-occupied housing. Using a unique, Swedish register-based database, I find that a one standard deviation increase in the covariance between individually estimated...

Persistent link: https://www.econbiz.de/10010203021

The housing market impacts of constraining second home investments

Hilber, Christian; Schoeni, Olivier - 2016

Persistent link: https://www.econbiz.de/10011538114

Mortgage supply and the US housing boom : the role of the community reinvestment act

Saadi, Vahid - 2016

This paper studies the role of the Community Reinvestment Act (CRA) in the recent US housing boom-bust cycle. Using a difference-in-differences matching estimation, I find that the enhancement of CRA enforcement in 1998 caused a 7.7 percentage points increase in annual growth rate of mortgage...

Persistent link: https://www.econbiz.de/10011570577

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