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This paper develops a simple model that captures the essential features of the supply and demand for housing, and which is used to evaluate the impact of a range of policy interventions. The model incorporates functions describing the demand to rent or purchase housing, a function describing the...
Persistent link: https://www.econbiz.de/10008502084
The housing market is both large and complex. This paper develops a simple model that captures the essential features of the supply and demand for housing, and which is used to evaluate the impact of a range of policy interventions. Increases in the stock of housing would reduce rents and house...
Persistent link: https://www.econbiz.de/10008603116
This paper compares a number of housing policies such as housing taxation, land use and rental regulations and social housing policies for OECD countries relying on new data. Based on a range of econometric analyses, it also investigates whether these housing-related policies achieve their...
Persistent link: https://www.econbiz.de/10008799708
Despite a recent expansion in housing finance, Brazil still faces a severe housing shortage, especially among lower-income people, and it is important to examine the development, limitations and prospects of the country`s housing finance market. This paper investigates the recent evolution of...
Persistent link: https://www.econbiz.de/10010328123
Despite a recent expansion in housing finance, Brazil still faces a severe housing shortage, especially among lower-income people, and it is important to examine the development, limitations and prospects of the country`s housing finance market. This paper investigates the recent evolution of...
Persistent link: https://www.econbiz.de/10009386065
This study is a comprehensive analysis of the Australian private rental sector and its institutions. It explores the interplay between regulation; organisations and structures; and social norms and practices of prevailing policies. It also explores the impact of innovation and digital technology
Persistent link: https://www.econbiz.de/10012922758
Stamp duty is a core part of the Australian tax system, but large components of its effect on the economy are unknown. In particular, the distribution of stamp duty's costs are not well understood. This has been hampered by a lack of quantitative studies of stamp duty's costs, and by limited...
Persistent link: https://www.econbiz.de/10013221832
Despite the prevalence and high cost of real estate agents, there is limited empirical evidence as to the nature or efficacy of their services. In this paper we estimate real estate agents' value-added when either selling or buying homes using data from three large multiple listing services...
Persistent link: https://www.econbiz.de/10014278405
The recent increase in house prices across the OECD highlights again the importance of understanding the different determinants of residential property demand. Sustained activity in housing markets across a number of countries was one of the contributing factors to the financial sector...
Persistent link: https://www.econbiz.de/10011787789
The recent increase in house prices across the OECD highlights again the importance of understanding the different determinants of residential property demand. Sustained activity in housing markets across a number of countries was one of the contributing factors to the financial sector...
Persistent link: https://www.econbiz.de/10011641888