Showing 101 - 110 of 57,066
This study examines short-, medium-, and long-run price expectations in housing markets. We derive and test six … expectations exhibit mean reversion in the long-run. Moreover, we do not find evidence for biases related to individual housing …
Persistent link: https://www.econbiz.de/10012815055
Housing is key for well-being and for spatial and social mobility. In India, the housing market is characterised by … excess demand for affordable dwellings, a small rental market and an oversupply of high-end housing, especially in urban …
Persistent link: https://www.econbiz.de/10012259039
for MDCBs (multi-dwelling and commercial buildings) in Sweden. We use high quality data for housing and municipality … test indicates that standard housing and municipality attributes are important determinants to sales prices. We have also …
Persistent link: https://www.econbiz.de/10011588264
Housing markets of large cities around the world, particularly in so-called developing and emerging countries, are … housing. On the other hand, international real estate investment, particularly in the upper market segment, is strong. The … resulting mismatch of housing demand and supply increases segregation, marginalises the vulnerable and leads to massive urban …
Persistent link: https://www.econbiz.de/10011672222
often differ among market segments. We develop a methodology for measuring house prices as a flexible function of housing … all parts of the housing market. Our approach is based on a generalization of the familiar (constant unit price) Muth … model to a situation of in which the unit price of housing services may depend on the quality level. We apply the method to …
Persistent link: https://www.econbiz.de/10011607944
This paper analyzes the main determinants of tenure choice in Brazil in formal and informal housing markets. Logit and … good predictors for formal ownership. Education enhances the probability of being in the formal housing markets, either as …
Persistent link: https://www.econbiz.de/10012061001
drought on housing prices, residential land prices, and housing rents in Iran. Using data from provinces of Iran from 1993 to …
Persistent link: https://www.econbiz.de/10012030062
In this paper, I explore and explain how buy-to-let investors affect housing price dynamics. The impact of buy …-to-let investors on the housing market is much discussed by policy makers, but previously not considered in the literature. I develop a … structural search model that allows housing owners to buy second houses to let out, and let rents be determined endogenously. To …
Persistent link: https://www.econbiz.de/10011966851
Following the global financial crisis, many countries have introduced or tightened macroprudential policies. Using an agentbased model (ABM), this paper seeks to measure the impact on house price cycles of two distinct borrower-based macroprudential instruments, namely loan-to-income and...
Persistent link: https://www.econbiz.de/10012017491
We review the existing literature on the causes of vacancies in the housing market. First, we present a detailed … vacancies in the housing market in the context of prospect theory which could be extended by future research. Second, we … specific type of vacancy into account is highly relevant for housing policy decisions. …
Persistent link: https://www.econbiz.de/10011813226