Showing 1 - 10 of 303
Using an audit experiment carried out on of India’s largest real estate websites, we document striking variations between landlords' treatment of upper-caste Hindus, Other Backward Castes, Scheduled Castes, and Muslims. We find strong evidence of discrimination against Muslim applicants, both...
Persistent link: https://www.econbiz.de/10011458276
This paper evaluates housing policy in the Republic of Korea over the past several decades, describes new challenges arising from the changing environment, and draws lessons for other countries. The most important goals of the housing policy have been to alleviate housing shortages and to...
Persistent link: https://www.econbiz.de/10011470999
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, we compare the response of this model economy to a...
Persistent link: https://www.econbiz.de/10011514075
Over the past two years, the cost of housing and community amenities has been growing at a moderate rate. Due to financial problems, one in every ten households delayed paying its bills, or paid them only in part. The volume of housing and community amenities payments in arrears remained the...
Persistent link: https://www.econbiz.de/10012955637
Using Danish register data we observe that, for households living in rental housing, the housing expenditure share is negatively correlated with income, positively correlated with rent per squared meter, and displays significant cross sectional dispersion. We find that the life cycle model...
Persistent link: https://www.econbiz.de/10013044337
We exploit two policy interventions in Berlin, Germany, to causally identify the impact of Airbnb on rental markets. While the first intervention significantly reduced the number of high-availability Airbnb listings bookable for most of the year, the second intervention led to the exit of...
Persistent link: https://www.econbiz.de/10012515043
This paper aims to shed light onto the functionality of price regulation in the private rentalsector, critically evaluate various findings and impacts, both theoretical and empirical, provideexamples of past and recent regulations from all over the world, such as San Francisco,Massachusetts,...
Persistent link: https://www.econbiz.de/10013313971
This paper seeks to understand the extent financialisation has had an impact on the rental housing market in Berlin. Specifically, it focuses on the financialisation of non-financial rental housing companies. The financial statements of five large, publicly listed, commercial rental housing...
Persistent link: https://www.econbiz.de/10012415587
Cities worldwide have regulated peer-to-peer short-term rental platforms claiming that those platforms remove apartments from the long-term housing market, causing an in- crease in rents. Establishing and quantifying such a causal link is, however, challenging. We investigate two policy changes...
Persistent link: https://www.econbiz.de/10012258925
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