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Housing Booms and Busts and Family Formation of Young Generations

Kuo, Ying-Min - 2019

I investigate a hypothesis that housing cycles change the youth's labor market conditions and influence their marriage and fertility decision. Different from the most literature that examine the effect of housing costs, rents or housing prices, on outcome variables, I construct MSA-level housing...

Persistent link: https://www.econbiz.de/10012864513

House Prices, Non-Fundamental Components and Interstate Spillovers : The Australian Experience

Costello, Greg - 2010

Using Australian capital city data from 1984Q3-2008Q2, this paper utilizes a dynamic present value model within a VAR framework to construct fundamental time series of house prices depicting what aggregate house prices should be given expectations of future real disposable income - the...

Persistent link: https://www.econbiz.de/10013151121

Who Marries Whom in a Surging Housing Market

Sun, Ang - 2018

This paper investigates the impact of a surging housing market on marital sorting. To cover the increasingly large down payments required in China today, both spouses' parents have to hand over their resources to support the couple in purchasing a new home. The incentive to extend credit to make...

Persistent link: https://www.econbiz.de/10012927382

Housing Market Regulations and Strategic Divorce in China

Alm, James - 2020

In China's regulated housing markets, a married couple may strategically choose to divorce in order to purchase more houses and/or purchase with more favorable leverages. Our study examines the strategic divorce behavior induced by two major types of housing market regulations in China, quota...

Persistent link: https://www.econbiz.de/10012846961

Does the housing market react to new information on school quality?

Fiva, Jon H.; Kirkebøen, Lars J. - 2008

quality indicators, suggesting that households care about school quality, and may be willing to pay for better schools. The …

Persistent link: https://www.econbiz.de/10010264360

Immigration and housing booms: evidence from Spain

González Luna, Libertad; Ortega, Francesc - 2009

We estimate empirically the effect of immigration on house prices and residential construction activity in Spain over the period 1998-2008. This decade is characterized by both a spectacular housing market boom and a stunning immigration wave. We exploit the variation in immigration across...

Persistent link: https://www.econbiz.de/10010269418

The Effect of the Theo van Gogh Murder on House Prices in Amsterdam

Gautier, Pieter A.; Siegmann, Arjen; van Vuuren, Aico - 2007

This paper estimates the impact of the murder of film maker Theo vanGogh on November 2, 2004, on listed house prices in Amsterdam with aunique dataset. We use an hedonic-market approach to show that gen-eral attitudes towards Muslim minorities were negatively affected by themurder. Specifically,...

Persistent link: https://www.econbiz.de/10010325456

Economic Impacts of Cultural Diversity in the Netherlands: Productivity, Utility, and Sorting

Bakens, Jessie; Mulder, Peter; Nijkamp, Peter - 2012

This paper identifies the role of cultural diversity in explaining spatial disparities in wages and housing prices across Dutch cities, using unique individual panel data of home owners. We distinguish between the effects of interactions-based productivity, consumption amenities and sorting of...

Persistent link: https://www.econbiz.de/10010326320

Spatial lock-in : do falling house prices constrain residential mobility?

Chan, Sewin (contributor) - 1998

Persistent link: https://www.econbiz.de/10000989856

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

Ortalo-Magné, François; Rady, Sven - 2002

We develop a dynamic stochastic equilibrium model of two locations within a city where heterogeneous households make … 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 …

Persistent link: https://www.econbiz.de/10001739593