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Participants to an online study in Luxembourg are presented with fictitious real-estate advertisements and tasked to make an offer for each of them. A random subset is also shown sellers' names that are strongly framed to signal their origins. Our randomised procedure allows us to conclude that,...
Persistent link: https://www.econbiz.de/10014336072
We study market rents in the neighborhood of asylum seeker hosting centers. Our empirical setting exploits the quasi-random opening of centers and spatial allocation of asylum seekers in Switzerland. Rents within 0.7km of an active center are found on average to be 3.8% lower than rents in the...
Persistent link: https://www.econbiz.de/10014251417
China Household Finance Survey (CHFS) data in 2011 and 2013 including 36213 sample households. We mainly found that, with an …
Persistent link: https://www.econbiz.de/10011579004
This paper analyzes the housing markets and housing policies in Hong Kong, China and the People's Republic of China … considerably. Hong Kong, China has adopted a railway and property development model, which involves close collaboration between the … policies in both markets are in line with their social welfare systems. Hong Kong, China favors the elderly and the poor, thus …
Persistent link: https://www.econbiz.de/10011453313
China has experienced a rapid boom in real estate prices in the last few decades, leading toa substantial increase in … and temporal variation inhousing price appreciation linked to individual-level health data in China from 2000 to 2011.We … chronic diseases in China. …
Persistent link: https://www.econbiz.de/10012268223
Recent analyses of intergenerational mobility show that investments in children pay big dividends. The priority of resources in early childhood also affects the working of the local economy. Geographic variation in child care services motivates location of families and thereby influences housing...
Persistent link: https://www.econbiz.de/10011780592
Residential choice does not only depend on properties of the dwelling, neighborhood amenities and affordability, but is also affected by the population composition within a neighbourhood. All these attributes are capitalised in the house price. Empirically, it is not easy to disentangle the...
Persistent link: https://www.econbiz.de/10012433602
During 1992-2007, house price growth is strongly correlated with local entrepreneurship. We show with Census Bureau data that most of this entry is related to construction and real estate; these entrants tend to be small and short-lived. Using a 1998 Texas reform that allowed home equity lending...
Persistent link: https://www.econbiz.de/10011305112
Understanding potential spillovers from the attributes and actions of neighborhood residents onto the value of surrounding properties and neighborhoods is central to both the theory of urban economics and the development of efficient housing policy. This paper measures the capitalization of...
Persistent link: https://www.econbiz.de/10009541304
Using data on Italian cities, we document that, over the period 2001-2011, the number of establishments and employment in some key service industries are positively related to the inflow of tourists. We then build a general equilibrium model of small open cities to study the impact of tourism on...
Persistent link: https://www.econbiz.de/10011878634