Showing 1 - 10 of 1,322
There is a dearth of systematic information about the historical New York City housing market. We present anew sample containing rental price and characteristic data for almost 10,000 Manhattanunits which was collected from historical newspapers for the period 1880 to 1910. These units were...
Persistent link: https://www.econbiz.de/10012170447
Historical inequality is difficult to measure, especially at the sub-country level and beyond the top income shares. This paper presents new evidence on the level of inequality in Manhattan from 1880 to 1910 using housing rents. Rental prices and characteristics, including geocodable locations,...
Persistent link: https://www.econbiz.de/10012170449
A new sample containing rental price and characteristic data for over 15,000 New York City units was collected from historical newspapers for the period 1880 to 1910. These units were geolocated to the historical map of Manhattan Island to explore their geographic coverage, using Geographic...
Persistent link: https://www.econbiz.de/10011791148
Since the 1970s, covenants running with the land have tethered a large majority of the new housing units produced in the United States. These private restraints usually continue for generations, until a majority or super-majority of covenant beneficiaries affirmatively vote to amend or terminate...
Persistent link: https://www.econbiz.de/10012825022
In spite of a growing recognition of the importance of supply conditions for the level and volatility of house prices, empirical work on housing supply outside the US is scarce. This paper considers various measures of housing supply in the Netherlands, where real house prices have roughly...
Persistent link: https://www.econbiz.de/10010325241
The housing market is both large and complex. This paper develops a simple model that captures the essential features of the supply and demand for housing, and which is used to evaluate the impact of a range of policy interventions. Increases in the stock of housing would reduce rents and house...
Persistent link: https://www.econbiz.de/10012115614
We examine how rising energy costs affect rental housing markets and inequality. Using listing data for the 30 largest German cities from 2015–2024, we find that higher energy prices are passed through to net rents in high-rent segments, where inefficient properties see significant rent...
Persistent link: https://www.econbiz.de/10015444567
I estimate the impact of new housing supply on the local rent distribution, exploiting weather shocks during the construction phase as an instrument. New supply decreases rents at all quality levels. Building on a quantitative dynamic model of housing quality and tenure choice, I explain this...
Persistent link: https://www.econbiz.de/10012607819
This article investigates the effect of short-term rental platforms on the housing market, using the explosive growth of Airbnb experienced in Berlin as a case study. To identify a causal effect, I exploit the structure of Airbnb in Berlin and combine a hedonic housing model with a Triple...
Persistent link: https://www.econbiz.de/10012436256
This paper examines how short-term rentals are changing living conditions and the composition of the population in the affected parts of the town. First, to analyze the relation between quality, distance, and rents, we develop two different models: an urban economics model and a non-spatial...
Persistent link: https://www.econbiz.de/10013330713