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After a long academic debate, Spain finally repealed in 2012 the deduction for home purchase. The abrogation took effect in 2013. In parallel, the VAT for the purchase of new housing was increased after a short period in which it had a reduced rate. The aim of this paper is to assess the...
Persistent link: https://www.econbiz.de/10011077130
House prices have risen strongly in past years, helped by rising incomes and declining interest rates. At the same time, construction of new dwellings has remained fairly muted and has only recently shown signs of picking up. A characteristic feature of the Slovak housing market, and a...
Persistent link: https://www.econbiz.de/10005046007
The housing market (primary, secondary or rental) is very often analyzed as a whole, big market in a selected country. Our analysis focuses on the fundamental determinants of this market in 16 biggest cities in Poland, which are the capital cities of the 16 voivodeships. We also clustered the...
Persistent link: https://www.econbiz.de/10010793620
Seit 2006 gilt in Deutschland das Allgemeine Gleichbehandlungsgesetz - auch für den Wohnungsmarkt. Die vorliegenden Berechnungen auf Basis des Sozio-oekonomischen Panels zeigen jedoch, dass Mieterinnen und Mieter mit Migrationshintergrund deutschlandweit im Jahr 2013 durchschnittlich knapp elf...
Persistent link: https://www.econbiz.de/10011575784
This report analyses the main developments in housing finance in the euro area in the decade, covering the period from 1999 to 2007. It looks at mortgage indebtedness, various characteristics of loans for house purchase, the funding of such loans and the spreads between the interest rates on...
Persistent link: https://www.econbiz.de/10011606253
This paper is an empirical application of a hedonic model to determine rents in Switzerland. Unlike traditional hedonic models, we take account of the fact that data are clustered at different levels. The resulting spatial autocorrelation and heterogeneity permits a consideration of different...
Persistent link: https://www.econbiz.de/10011933188
The Geneva and Zurich housing markets are characterised by high proportions of foreigners and a large share of rental housing. This provides ideal conditions for testing whether foreigners pay more for the same quality of housing than Swiss households and whether flats in neighbourhoods with...
Persistent link: https://www.econbiz.de/10011933189
This article studies the evolution of housing rents in St. Petersburg between 1880 and 1917, covering an eventful period of Russian and world history. We collect and digitize over 5,000 rental advertisements from a local newspaper, which we use together with geo-coded addresses and detailed...
Persistent link: https://www.econbiz.de/10011964353
Owner-occupied housing services and rented housing services are often considered close substitutes, and both house price and rental price indices rely on regressions based on dwelling and location characteristics. However, while such characteristics are exhaustive in the owner's market, they...
Persistent link: https://www.econbiz.de/10011968237
Until recently, the literature ignored the interactions between housing and macroeconomics. Thanks to many researchers' contributions, the macro-housing field is in development. This review complements previous research and highlights a few areas that have made significant progress lately. They...
Persistent link: https://www.econbiz.de/10014540386