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The volume of UK house building has consistently been too low to meet newly arising need for housing and since the recession this has been compounded by a drop off in housing construction. Since their peak in 2007, private sector completions have declined from 197,500 to only 109,500 units per...
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Housing matters to the livability of cities and to the productivity of their economies. The failure of cities to accommodate the housing needs of growing urban populations can be seen in the proliferation of poorly serviced, high-density informal settlements. Such settlements are not new in the...
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Individual sales prices and local vacancy rates in the housing market pose a natural analogy to the wage curve, a popular concept in labor economics that describes how individual wages decrease with higher local unemployment. While housing search and matching models and housing externalities...
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