While in standard housing economics housing is regarded as an asset and a consumption good, we study in this paper the consequences for housing prices if housing is also a status good. More concretely, if a family's housing wealth relative to others is an important marker for relative status in...

A new non-randomized response (NRR) model (called a variant of the parallel model) is proposed. The survey design and corresponding statistical inferences including likelihood-based methods, Bayesian methods and bootstrap methods are provided. Theoretical and numerical comparisons showed that...

While in standard housing economics housing is regarded as an asset and a consumption good, we study in this paper the consequences for housing prices if housing is also a status good. More concretely, if a family's housing wealth relative to others is an important marker for relative status in...