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middle-class homes. Recent macroeconomic models predict that housing markets can have counter-cyclical effect, if home prices …
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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 …
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The purpose of this chapter is to survey recent research on housing markets and policy in what used to be called the … like Mozambique and Laos. It is therefore quite interesting that the bulk of the research surveyed finds that housing … available for housing and other goods and services certainly do vary dramatically from place to place. And the stakes of how …
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