This paper quantitatively accounts for the cyclical dynamics of key macroeconomic housing and mortgage market variables … using a tractable, search-theoretic 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 …

asset prices, especially as regards housing, though no systematic effects are identified on equity markets. Significant …

aspects of this challenge. First, it identifies the main problems in housing and transport infrastructure in the region … analyzes the relationship between housing supply and transport networks, two connected topics that shape the region's spatial …

incorporates housing assets separately from capital assets and includes taxes on labor income, capital income, consumption and … housing assets. Tax reforms for each tax rate have different effects on tax burdens across generations and the overall … efficiency of the economy, leading to different welfare costs for generations. Specifically, raising housing property taxes …

In the last 15 years, Spain has witnessed a large increase in housing prices and in the importance of the housing … sector, which has refreshed the debate on the drivers of housing cycles. Since Spain joined the European Monetary Union (EMU …), twomain important factors behind the housing boom appear to be the decrease of nominal interest rates due to the disappearance …

on the rental housing market are increasingly likely. This paper investigates the relationship between foreign-born and … internal migration and rents on the housing market. Findings suggest that foreign-born migration, and refugees in particular …

The extant literature regarding the effects of housing on stock investment shows inconsistent findings, either positive … or negative effects have been reported. This paper investigates the mechanisms by which housing affects household stock … and quantify the magnitudes of contemporaneous "wealth effects" and "crowd-out effects" of housing on household equity …

Affordable housing policy in the developed world has been undergoing a systematic commodification for several decades … rational behavior, even as it simultaneously staunches the supply of new housing and drives up prices for non-homeowners. As … for commodified housing, asset-based welfare, and the intractable political problem of NIMBYism. …

demolition of housing and infrastructure. Since the refugee migration to Germany starting in 2015, the population dynamic in …