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...

In municipalities on the urban fringe in the United States, large-lot zoning is commonly thought of as a rural preservation tool. It could preserve rural landscapes by making residential lots too expensive for most homebuyers; or it could simply lead to estates that resemble farms or retain...

Greek cities are a seminal part of the Mediterranean urbanization thesis. Corresponding features include the comparatively belated occurrence of urban in-migration, the particularity of the urban pull factors, and the unplanned nature of urban expansion. The considerable and extensive...

Spatial and transport planners, authorities, real estate developers, investors, re-locating residents and businesses have different questions related to space and transport. These questions may concern specific land parcels, or cover a much larger area such as a city, a region, or even a whole...

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...

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...

We estimate the effect of the UK Stamp Duty Land Tax on household mobility using micro data. The UK (until 2014) provided an ideal setting to explore the impact of housing transfer taxes on mobility decisions. This is partly because the stamp duty liability is quite substantial, at least for...

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...

Since 2010, particularly in urban agglomerations, the German housing market has experienced stark house price and rent increases. Immigration from rural and smaller settlements as well as international migration into German urban areas, has fuelled an increase in housing demand and led to severe...

China has experienced a rapid boom in real estate prices in the last few decades, leading to a substantial increase in living costs and heavy financial burdens on households. Using an instrumental variable approach, this paper exploits spatial and temporal variation in housing price appreciation...