Showing 1 - 10 of 1,160
In this paper, we review the German practice of imputing the costs of owner-occupied housing by increasing the relative … weight of actual rents in the CPI. As the structure of owner-occupied housing differs substantially from that of rental … housing, this variant of the imputation method may cause a bias in the German CPI. For assessing the appropriateness of the …
Persistent link: https://www.econbiz.de/10010295635
Housing markets of large cities around the world, particularly in so-called developing and emerging countries, are … housing. On the other hand, international real estate investment, particularly in the upper market segment, is strong. The … resulting mismatch of housing demand and supply increases segregation, marginalises the vulnerable and leads to massive urban …
Persistent link: https://www.econbiz.de/10011684599
In this article we study the market duration of new housing built by developers in Mexico between 2013 and 2015. In … particular, this document discusses whether the physical characteristics of housing, state of location, date put on sale, time of …
Persistent link: https://www.econbiz.de/10012057068
accelerator of house prices and finds that over the period 2000-2008 the value of all housing transactions exceeded the aggregate … net growth of mortgages by 50%, indicating substantial equity financing. In one year, 2008, the value of aggregate housing …
Persistent link: https://www.econbiz.de/10011968388
Theoretical Causes for Vacancies in the Housing Market There are different causes for vacancies in the housing market … order to explain vacancies in the housing market in the context of the prospect theory. From these theories different …
Persistent link: https://www.econbiz.de/10014522222
This study examines short-, medium-, and long-run price expectations in housing markets. We derive and test six … exhibit mean reversion in the long-run. Moreover, we do not find evidence for biases related to individual housing tenure …
Persistent link: https://www.econbiz.de/10013164142
This study examines short-, medium-, and long-run price expectations in housing markets. We derive and test six … expectations exhibit mean reversion in the long-run. Moreover, we do not find evidence for biases related to individual housing …
Persistent link: https://www.econbiz.de/10013164145
identified research gaps, the following report addresses four research questions: 1. How do housing demands change over the life … subjectively perceived spatial categories 'city/urban' and 'country/rural' in housing biographies and residential location … events and occasions change housing needs. Housing and residential location decisions are strongly influenced by normative …
Persistent link: https://www.econbiz.de/10013168955
identify behavioural and Minskyan theories of housing cycles as suitable frameworks to theorise the impact of housing on growth …. However, this literature does not provide an analysis of cross-country differences in housing cycles. Third, drawing on the … CPE literature on housing systems, we argue that institutions such as homeownership rates and mortgage-credit encouraging …
Persistent link: https://www.econbiz.de/10013464273
This paper investigates the US housing market from just before the Great Recession onward (2006-2019) and assesses the … housing slump sooner, faster, and more prominently than slower sales. The simulated stock-flow matching model can not only … the importance of stock-flow matching for understanding housing market dynamics. …
Persistent link: https://www.econbiz.de/10013470294