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 …

This paper quantitatively accounts for the cyclical dynamics of key macroeconomic housing and mortgage market variables … using a tractable, searchtheoretic model of housing with equilibrium mortgage default. To explain these dynamics, the model … constraints. During housing busts, longer selling times spill over into higher foreclosure risk, thereby magnifying the response …

This chapter surveys the literature on the microstructure of housing markets. It considers one-sided search, random … bargaining taking various forms, including two-party negotiations of different types and multiparty housing auctions. The chapter … important issues both because of the inherent importance of housing and brokerage and because of the importance of housing to …

There are different causes for vacancies in the housing market. The scientific literature provides a series of … economics. Concerning the latter, a new theoretical framework is used in order to explain vacancies in the housing market in the …