This paper examines the housing consumption pattern of households in the Philippines given their socioeconomic characteristics and the existing conditions in the land and housing market. Two basic issues are examined: one, how is housing adjustment and expenditure associated with income and...

Obwohl Vermieter, Stadtplaner und Stadtkämmerer die Erfüllung des Traums vom Eigenheim in der grünen Vorstadt als verfehlte Siedlungspolitik betrachten,und schon ein Ende dieses Wohnmodells voraussagen, hat es in der Bevölkerung nicht an Anziehungskraft verloren.Warnungen vor negativen...

This paper develops a growth model with land, housing services, and other goods that is capable of explaining a substantial portion of the movements in housing prices over the past forty years. Under certainty, the model exhibits a balanced aggregate growth, but with underlying sectoral change....