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during busts. The standard model of housing demand treats housing as a quantity of "housing services", an imaginary … housing services as fixed is able to do this. This is shown by means of a formal analysis of a model in which households that … differ in income are allocated over a given housing stock. In particular, the model predicts that the price of housing as a …
Persistent link: https://www.econbiz.de/10011538569
What is the role of heterogenous house-price expectations for boom-bust cycles in the housing market? We exploit a … unique Dutch panel data set on households' house price expectations and their consumption, savings and housing choices for … the period 2003-2016. This period was characterized by a pronounced boom-bust cycle in the housing market. Conditioning …
Persistent link: https://www.econbiz.de/10012265571
assessments, as may be the case in the US. So whilst the rising housing costs associated with gentrification do induce homeowners …
Persistent link: https://www.econbiz.de/10011487909
conditions prevailing on the housing market and homelessness levels is made out with the help of a theoretical model. From this … model, a critical income ensuring positive housing consumption can be deduced; individuals with an income below this …
Persistent link: https://www.econbiz.de/10011516050
) 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 more expensive housing (the top rate is currently 7 percent of the … effect on household mobility and that this effect is confined to short-distance moves and to moves that are housing- rather …
Persistent link: https://www.econbiz.de/10011476354
This paper examines capitalization effects of fiscal variables such as taxes and public expenditure into land prices in Bavaria. Based on panel data analyses on municipality level we discuss the potential existence of capitalization as well as the changes over time possibly related to supply...
Persistent link: https://www.econbiz.de/10012495722
Since 2010, particularly in urban agglomerations, the German housing market has experienced stark house price and rent … fuelled an increase in housing demand and led to severe housing shortages in some parts of Germany. Incumbent tenants in these … rental and housing price areas is indeed restricted due to the aforementioned "lock-in effect". …
Persistent link: https://www.econbiz.de/10012286303
and temporal variation in housing price appreciation linked to individual-level health data in China from 2000 to 2011. We … find robust evidence that increases in housing prices significantly raise the probability of residents having chronic …. Further empirical results suggest that housing price appreciation induces negative health consequences through increased work …
Persistent link: https://www.econbiz.de/10012426762
energy efficiency on housing values for Germany on a more small-scale level and specifically investigating regional …
Persistent link: https://www.econbiz.de/10012431474
models: an urban economics model and a non-spatial housing market model. Second, in an exploratory study for the city of …
Persistent link: https://www.econbiz.de/10013330713