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reductions. Since the end of 2010, after more than a decade of falling real housing prices, strong rent and especially price … hand, the tenants that constitute a majority of German population are afraid of substantial rent increases that will erode … confidence at the national level, consumer confidence, and price-to-rent ratios. Even better forecast precision can be achieved …
Persistent link: https://www.econbiz.de/10011505867
The goal of this paper is to link models of urban formations (urban studies) with models of housing rent. While housing … makes it necessary to understand the issue of ownership in land rent. This is a complex collective phenomenon with …
Persistent link: https://www.econbiz.de/10011555816
We use a large repeated cross-section of houses to estimate a selection model of the supply of owner-occupied and rental housing. We find that physical characteristics and unobserved heterogeneity and not location are important for selection. We interpret this as strong evidence in favor of...
Persistent link: https://www.econbiz.de/10011478828
This paper exploits the homogeneity feature of the Singapore private residential condominium market and constructs matched home purchase price and rental price series using the repeated sales method. These matched series allow us to conduct time series analysis to examine the long-term present...
Persistent link: https://www.econbiz.de/10011480909
Persistent link: https://www.econbiz.de/10011717655
Persistent link: https://www.econbiz.de/10011700315
transactions in Central London during the 2005-2011 period. I run hedonic regressions on both prices and rents and show that price-rent … characteristics between properties for sale and properties for rent, I replicate my analysis using only units that were both sold and …
Persistent link: https://www.econbiz.de/10011675194
I estimate the impact of market-rate new housing supply on the local rent distribution. As an exogenous shifter of new … new housing supply shift the rent distribution as a whole, suggesting that market-rate new housing supply effectively …
Persistent link: https://www.econbiz.de/10012426635
This article investigates the effect of short-term rental platforms on the housing market, using the explosive growth of Airbnb experienced in Berlin as a case study. To identify a causal effect, I exploit the structure of Airbnb in Berlin and combine a hedonic housing model with a Triple...
Persistent link: https://www.econbiz.de/10012436256
This paper examines how short-term rentals are changing living conditions and the composition of the population in the affected parts of the town. First, to analyze the relation between quality, distance, and rents, we develop two different models: an urban economics model and a non-spatial...
Persistent link: https://www.econbiz.de/10013330713