We use novel and unique data to study the effect of price changes in the market for luxury and middle class homes. We find that luxury home sales respond less to price changes than the middle-class home sales; in the market for luxury homes, past prices affect current prices; luxury home prices...

In contrast to previous research, I hypothesize that residential segregation patterns do not only result from an individual's perception of different ethnicities, but is rather affected by housing market interactions and socioeconomic endowment, like income and education. I implement a...

The objective of this article is to understand the main socioeconomic determinants of family cohabitation and new household formation by young adults in Brazilian urban areas. Methodologically, the study adapts the models of De Vos (1989) and Granado and Castillo (2002) to the Brazilian case,...

The author argues that researchers should do replications using preanalysis plans. These plans should specify at least three characteristics that would act as stopping rules for the replicator: (1) how much flowtime the replicator will spend, (2) how much money and effort (working hours) the...

This paper analyzes the development of housing market imbalances, housing prices and residential investment in Switzerland within a stock-flow framework. In the long run, the desired level of residential capital stock and the existing residential capital stock revert. Empirical results indicate,...

This paper analyzes savings and asset holdings of immigrants in relation to their return plans. We argue that savings and asset accumulation may be affected by return plans of immigrants. Further, the way savings and assets are held in the home- and host country may also be related to future...

This paper analyzes savings and asset holdings of immigrants in relation to their return plans. We argue that savings and asset accumulation may be affected by return plans of immigrants. Further, the way savings and assets are held in the home and host country may also be related to future...

The transition into homeownership is becoming increasingly difficult for first-home buyers. In this paper we measure the deposit requirements and the transaction costs associated with purchasing a home for the first time, and whether a reduction in stamp duty obligations will help potential...

Rationale Analysis of recent housing supply and demand trends, and of the factors contributing to them, is extremely useful to detect the emergence or existence of imbalances in the housing market, which is characterised by long lead times for house building. Takeaways •After the initial...

This paper examines the housing consumption pattern of households in the Philippines given their socioeconomic characteristics and the existing conditions in the land and housing market. Two basic issues are examined: one, how is housing adjustment and expenditure associated with income and...