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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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Housing markets experience substantial price volatility, short-term price change momentum, and mean reversion of prices … bubble. In this chapter, we review the stylized facts of housing bubbles and discuss theories that can potentially explain … housing market, such as intensive search and short-selling constraints, to explain the stylized facts. Cheap credit provides a …
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This paper investigates the US housing market from just before the Great Recession onward (2006-19) and assesses the … from the housing slump sooner, faster, and more prominently than slower sales. The simulated stock-flow matching model can …, indicating the importance of stock-flow matching for understanding housing market dynamics. …
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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 are the rental market and related issues, housing affordability, people …
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