In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the …. Our model offers a new way to look at the housing market from a search-theoretic perspective. In addition, we contribute …

higher levels of unemployment although home-owners tend to be unemployed less. The choice of housing tenure affects moving … mobility and unemployment, and discusses effects of government intervention in the housing market. In addition, it is shown …

In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the …. Our model offers a new way to look at the housing market from a search-theoretic perspective. In addition, we contribute …

perishable goods and housing services. The explicit consumption and investment strategies are simple and intuitive and are …-form strategies are still very useful if the housing positions are only reset infrequently and if the investor is restricted from …

We present a search-and-matching model of the housing market where potential buyers' willingness to pay is private …