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Two countries, sixteen cities, five thousand kilometres : how many housing markets?

Greenaway-McGrevy, Ryan; Grimes, Arthur L.; Holmes, Mark J. - 2016

We examine whether a single housing market exists across 16 cities covering two countries, Australia and New Zealand … single housing market across these cities, then the economic forces that lead to such convergence must be other than … commuting arbitrage forces that have been posited as driving convergence in densely populated countries such as the United …

Persistent link: https://www.econbiz.de/10011883121

Examining the roots of homelessness : the impact of regional housing market conditions and the social environment on homelessness in North Rhine-Westphalia, Germany

Kröll, Alexandra; Farhauer, Oliver - 2012

Despite large-scale governmental efforts to combat homelessness, homelessness rates can only be reduced but not eliminated completely by the measures usually applied. Hence, there is an obvious need to investigate additional factors which contribute to homelessness and gain insights on how to...

Persistent link: https://www.econbiz.de/10011516050

Search costs, sorting and "property ladder" effects : evidence from the valuation of amenities

Lyons, Ronan - 2012

The housing market is one of the most important markets in any economy, constituting typically both the most important class of consumption good and the most widely held investment asset. The origin of the Great Recession in the U.S. housing market has shown the importance of linkages between...

Persistent link: https://www.econbiz.de/10011515013

The effect of short-term rental platformns on rental prices : evidence from Airbnb in Berlin

Mindl, Felix - 2020

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

How short-term rentals are changing the neighborhood

Wrede, Matthias - 2021 - This version: February 2021

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

Diverging house prices

Rouwendal, Jan; Duijn, Mark van - 2013 - This version: January 4, 2013

This paper provides a model for the well-known empirical phenomenon that houses of different quality experience different price developments. The typical pattern is that luxury houses appreciate more in boom periods and depreciate more during busts. The standard model of housing demand treats...

Persistent link: https://www.econbiz.de/10011538569

Renewable energy and negative externalities : the effect of wind turbines on house prices

Droes, Martijn I.; Koster, Hans - 2014 - This version: 30 June 2014

SUMMARY - In many countries, wind turbines are constructed as part of a strategy to reduce fossil fuel dependence. In this paper, we measure the external effect of wind turbines on the transaction prices of nearby properties. Using a unique transaction price dataset covering the period 1985-2011...

Persistent link: https://www.econbiz.de/10011486973

Gentrification and displacement in English cities

Waights, Sevrin - 2014 - Version: January 2014

This paper uses the British Household Panel Survey (1991-2008) and the UK Census (waves 1991, 2001 and 2011) to examine the association between gentrification and displacement in English cities. Gentrification is the phenomena of a large and relatively sudden in-migration of wealthy or middle...

Persistent link: https://www.econbiz.de/10011487909

Regional variation in the elasticity of supply of housing, and its determinants : the case of a small sparsely populated country

Oikarinen, Elias; Peltola, Risto; Valtonen, Eero - 2014

The long-term price elasticity of supply of housing is a key factor determining the growth rates of housing prices and housing supply as the city grows. Therefore, the housing supply elasticity has considerable influence on the competitiveness of the region and on the growth potentials of the...

Persistent link: https://www.econbiz.de/10011488306

The spatial dimension of US house price developments

Pijnenburg, Katharina - 2013

Spatial heterogeneity and spatial dependence are two well established aspects of house price developments. However, the analysis of differences in spatial dependence across time and space has not gained much attention yet. In this paper we jointly analyze these three aspects of spatial data. We...

Persistent link: https://www.econbiz.de/10011504385

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