Similar Search Results

There is no housing bubble in the USA : housing activity will remain at high levels in 2005 and beyond

Smith, James F. - In: Business economics : the journal of the National … 40 (2005) 2, pp. 29-35

Persistent link: https://www.econbiz.de/10002877217

Housing Bubbles and Expected Returns to Homeownership : Lessons and Policy Implications

Jurgilas, Marius - 2016

House prices in many industrial countries increased dramatically in the years prior to 2007. Countries with the largest increases in household debt relative to income experienced the fastest run-ups in house prices over the same period. During the run-up, many economists and policymakers...

Persistent link: https://www.econbiz.de/10013007703

Implications of the Housing Market Bubble for Sustainable Homeownership

Calem, Paul S. - 2012

meltdown in homeownership. We point to agency and information problems in the mortgage origination and securitization market … dynamics and excessive volatility undermine the objective of sustainable homeownership. This requires attention from …

Persistent link: https://www.econbiz.de/10013115541

Government-made house price bubbles? : austerity, homeownership, rental, and credit liberalization policies and the "irrational exuberance" on housing markets

Kholodilin, Konstantin; Kohl, Sebastian; Müller, Florian - 2023

liberalization effects of rent and credit regulation as well as homeownership and austerity policies. Drawing on a long-run time … dampening price increases, while certain homeownership and tenant subsidies and government austerity increase the likelihood of … bubbles. The paper illustrates the logic of rent, credit, homeownership and austerity effects with two case studies. …

Persistent link: https://www.econbiz.de/10014438445

Detecting Bubbles in the Hong Kong Residential Property Market : An Explosive-Pattern Approach

Yiu, Matthew S. - 2012

This study applies the newly developed bubble detection method (Phillips, Wu and Yu, 2011) to identifying asset bubbles in the Hong Kong residential property market. Our empirical results show that the method is capable of detecting the 1997 bubble and is able to reveal the corresponding...

Persistent link: https://www.econbiz.de/10013112092

Detecting bubbles in Hong Kong residential property market

Yiu, Matthew S.; Yu, Jun; Lu, Jin - In: Journal of Asian economics 28 (2013), pp. 115-124

Persistent link: https://www.econbiz.de/10010400859

Mortgage choices and housing Speculation

Barlevy, Gadi; Fisher, Jonas D. M. - 2010

We describe a rational expectations model in which speculative bubbles in house prices can emerge. Within this model both speculators and their lenders use interest-only mortgages (IOs) rather than traditional mortgages when there is a bubble. Absent a bubble, there is no tendency for IOs to be...

Persistent link: https://www.econbiz.de/10008732146

Housing in Australia in the 2000s : on the agenda too late?

Yates, Judith - In: The Australian economy in the 2000s : proceedings of a …, (pp. 261-300). 2011

Persistent link: https://www.econbiz.de/10009561729

Detecting bubbles in the Hong Kong residential property market : an explosive-pattern approach

Yiu, Matthew S.; Lu, Jin - 2012

Persistent link: https://www.econbiz.de/10009423952

Comparing housing booms and mortgage supply in the major oecd countries

Armstrong, Angus; Davis, E. Philip - In: National Institute economic review (2014) 230, pp. 3-15

Persistent link: https://www.econbiz.de/10010488374