By raising commuting costs, an increase in gasoline prices should reduce the demand for housing in areas far from employment centers relative to locations closer to jobs. Using annual panel data on a large number of postal codes and municipalities from 1981 to 2008, we find that a 10% increase...

Purpose – The primary objective of the paper is to demonstrate the importance of borrower-specific characteristics as well as local situation factors in determining the demand prospect as well as the risk of credit loss on residential housing loan repayment behavior in India....

The article discusses the relatively large share of owner-occupied housing in the housing stock in selected European countries with relatively low per capita income and describes the underlying causes of this phenomenon. We identify the economic implications of the growing number of...

This paper uses vector error correction model (VECM) to identify the impacts of fundamental macroeconomic factors on the demand and supply sides of the Turkish housing market, between October 2007 and December 2011. Many researches argue that housing market and macroeconomic fundamentals such as...

In this paper, we analyze the relationship between the demand for housing and the family employment. To do so, we develop an economic model and use a sample of Spanish households to analyze the housing tenure choice (ownership or rental of the house) and the demand for housing in relation to...

This paper studies the Swiss housing price determinants. The Swiss housing economy is reproduced by employing a macro-series from the last seventeen years and constructing a vector-autoregressive model. Conditional on a comparatively broad set of fundamental determinants considered, i.e. wealth,...

While many studies have investigated the determinants of housing demand, very few studies have focused on how economic conditions affect the formation of potential households directly. Potential households may choose to delay entry into the housing market by remaining with one’s parents during...

It has always been important to anticipate the demand for a product. To determine the demand for any product, the parameters such as the economic situation and the demands of the rival products are used generally. Especially in the housing sector, which is the locomotive sector for emerging...

Housing, particularly for low income urban households, is a long-standing challenge in India. In 2012, 96 per cent of the all India urban housing shortage of 18.78 million was confined to low-income economic groups. This study empirically examines three facets of urban India's housing demand...