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We use a quantitative spatial equilibrium model to evaluate the distributional and welfare impacts of a recent temporary rent control policy in Berlin, Germany. We calibrate the model to key features of Berlin’s housing market, in particular the recent gentrification of inner city locations....
Persistent link: https://www.econbiz.de/10012696919
drivers of housing supply and demand as well as the constitution of the housing market and its segments: homeowners and …In a context marked by rapid urbanisation, growing housing demand and the worsening impacts of climate change, national …
Persistent link: https://www.econbiz.de/10012230632
the supply of owner-occupied housing, but can also contribute to gentrification associated with the inflow of different …
Persistent link: https://www.econbiz.de/10011801481
We use a quantitative spatial equilibrium model to evaluate the distributional and welfare impacts of a recent temporary rent control policy in Berlin, Germany. We calibrate the model to key features of Berlin’s housing market, in particular the recent gentrification of inner city locations....
Persistent link: https://www.econbiz.de/10013312059
New Zealand’s housing supply has not kept pace with rising demand, including from net immigration. Affordability has … containment policies would allow the planning system to better respond to demand for land. Incentives for local governments to … affordable housing through KiwiBuild should be re-focused towards enabling the supply of land to developers, supporting …
Persistent link: https://www.econbiz.de/10012111105
Increasing supply is frequently proposed as a solution to rising housing costs. However, there is little evidence on … five years. This suggests that new construction reduces demand and loosens the housing market in low- and middle …
Persistent link: https://www.econbiz.de/10012038863
new housing supply can improve housing affordability. In the model, equilibrium rental rates are determined so that the … neighborhood. We find that the rent elasticity is low, and thus marginal reductions in supply constraints alone are unlikely to … level of amenities in a neighborhood—as in a Rosen-Roback spatial equilibrium framework—than by the supply of housing …
Persistent link: https://www.econbiz.de/10011932213
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
(PRC). Both markets face housing affordability problems due to limited land supply, for which the solutions vary …
Persistent link: https://www.econbiz.de/10011453313
This project examined state government-led innovations in affordable housing through analysis of two state-level strategies and two state-level programs. The research shows effective strategies and programs rely on strong political leadership; adopt a whole-of-housing industry approach to...
Persistent link: https://www.econbiz.de/10012945884