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Improving well-being through better housing policy in New Zealand
Barker, Andrew - 2019
New Zealand’s housing supply has not kept pace with rising demand, including from net immigration. Affordability has … affordable housing through KiwiBuild should be re-focused towards enabling the supply of land to developers, supporting …
Persistent link: https://www.econbiz.de/10012111105
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Secondary housing supply
Mense, Andreas - 2023
I estimate the impact of new housing supply on the local rent distribution, exploiting delays in housing completions … caused by weather shocks during the construction phase. Increasing the flow of new supply by 1 percent lowers average rents … supply shock is similarly strong in locations experiencing growing housing demand. Moreover, it affects the entire rent …
Persistent link: https://www.econbiz.de/10014282755
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The future of housing : policy scenarios
Cournède, Boris; Ziemann, Volker; De Pace, Frederica - 2020
By combining fresh estimates of housing supply and prices with recent long-term projections for their fundamental …, streamlining land-use governance and easing rental control can help unlock housing supply, make housing markets more efficient and …
Persistent link: https://www.econbiz.de/10012304426
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Housing supply and land use regulation in the Netherlands
Vermeulen, Wouter; Rouwendal, Jan - 2007 - Version July 2007
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 …
Persistent link: https://www.econbiz.de/10011372990
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Geographic constraints and the housing supply elasticity in Germany
Beze, Eyayaw - 2023
The study estimates the housing supply elasticity and the impact of geographic constraints in Germany from 2008 …-2019 using the Bartik instrument. The results show that the housing supply is, on average, inelastic, with a floorspace … housing supply elasticity across districts. Notably, high development intensity decreases the elasticity, while the …
Persistent link: https://www.econbiz.de/10014228596
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Supply restrictions, subprime lending and regional US house prices
Anundsen, André Kallåk; Heebøll, Christian - 2015
With regard to the recent US house price cycle, we analyze how the interaction between housing supply restrictions … Statistical Areas, we estimate a simultaneous boom-bust system for house prices, housing supply and subprime lending. The model … accounts for regional differences in supply elasticities that are determined by local variations in topographical and …
Persistent link: https://www.econbiz.de/10010488113
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Supply and Demand in Residential Property Forecasts
Hardman, Matthew B. - 2012
This paper defines a measure of net housing demand or supply which allows the calculation of a long, high frequency … implies a net oversupply. Supply is defined as the available dwelling stock. Demand is calculated from the long term trend in …
Persistent link: https://www.econbiz.de/10013114615
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Diverging house prices
Rouwendal, Jan; Duijn, Mark van - 2013 - This version: January 4, 2013
This paper provides a model for the well-known empirical phenomenon that houses of different quality experience different price developments. The typical pattern is that luxury houses appreciate more in boom periods and depreciate more during busts. The standard model of housing demand treats...
Persistent link: https://www.econbiz.de/10011538569
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Relationship between Residential Property Price Index and Macroeconomic Indicators in Dubai Housing Market
Hepsen, Ali - 2012
The main purpose of this study is to investigate whether there is a long-run relationship between macroeconomic indicators and property price index in Dubai. This paper uses the monthly data for the eight year period from January 2003 to December 2010. In order to identify long term equilibrium...
Persistent link: https://www.econbiz.de/10013107788
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Housing Expenditures, Purchase and Rental of Residential Properties in Russia’s Regions
Burdyak, Aleksandra - 2017
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