In the wake of the housing market crash in the United States in the late 2000s, images of abandoned homes on the urban periphery of American cities dominated international media coverage. This narrative of peri-urban over-extension was used by media documenting the housing crisis in Mexico,...

Experiences reveal that the monitoring costs of the foreclosure crisis may be nontrivial, and smaller governments may have more success at addressing potential negative externalities. One highly localized form of government is a homeowners association (HOA). HOAs could be well-suited for...

Experiences reveal that the monitoring costs of the foreclosure crisis may be nontrivial, and smaller governments may have more success at addressing potential negative externalities. One highly localized form of government is a homeowners association (HOA). HOAs could be well-suited for...

We exploit staggered real estate transaction tax (RETT) hikes across German states to identify the effect of house price changes on mortgage credit supply. Based on approximately 33 million real estate online listings, we construct a quarterly hedonic house price index (HPI) between 2008:q1 and...

In this chapter, we review and discuss the large body of research that has developed over the past 10-plus years that explores the interconnection of macroeconomics, finance, and housing. We focus on three major topics—housing and the business cycle, housing and portfolio choice, and housing...

In the wake of recent pronounced cycles in housing, substantial media and professional debate have focused on house price determination, and in particular, optimal seller pricing strategies. In this paper, we adopt a multistage search model, in which the home seller's reservation price is...

In the wake of recent pronounced cycles in housing, substantial media and professional debate have focused on house price determination, and in particular, optimal seller pricing strategies. In this paper, we adopt a multistage search model, in which the home seller's reservation price is...

Since ICT factors got growing importance in shaping social and economic differences, the determination of competitiveness in the information economy and society became needful in understanding modern regional disparities of Hungary. To evaluate recent inequalities caused by the factors of...

Over the last twenty years, and particularly in the last ten, there has been a growing amount of economic and policy research conducted at a micro-geographic scale. This trend reflects both the continuing popularity of targeted spatial policies and the availability of new data and techniques to...