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their size, state and neighbourhood quality. Households choose the flat with the highest consumer surplus according to …
Persistent link: https://www.econbiz.de/10013402087
We use detailed information on all real estate stock and transactions since 2006 to study housing inequality in Belgium and how a recent policy shaped it. We use the transactions to predict the market value of all dwellings in the country, to then estimate inequality in value or space at...
Persistent link: https://www.econbiz.de/10013443738
The provision of new subsidized housing projects presents an effective solution for alleviating the significant housing deficit in developing countries. However, limited knowledge exists regarding how these housing projects impact the quality of the surrounding environment, particularly when...
Persistent link: https://www.econbiz.de/10014632699
In recent decades, large infl ux of immigrants to the U.S. and other developed countries has made cities in these countries more ethnically diverse. In this paper, I aim to understand whether and how ethnic diversity affects communities in these cities. A general equilibrium model is built in...
Persistent link: https://www.econbiz.de/10013034673
Persistent link: https://www.econbiz.de/10011639699
Housing conditions in Belgium are among the best in OECD countries according to the Better Life Index, as dwellings are of high quality and large, and housing costs are average. However, the steep increase in house prices since 2003 has put market access for first-time buyers under pressure....
Persistent link: https://www.econbiz.de/10011399317
in the interplay between housing demand and supply and GDP growth on house prices for the time period 1981- 2014. We … supply for housing. Furthermore, the response of house prices to mortgage rate shocks weakened after the 1990s real estate …
Persistent link: https://www.econbiz.de/10010526684
and supply responsiveness. These relate to the structure of tenures, housing taxation and subsidies, social housing …
Persistent link: https://www.econbiz.de/10009690120
Housing policies in Japan after World War II were focused on the quantitative supply of houses with a wide range of …
Persistent link: https://www.econbiz.de/10011441128
This paper examines whether the Mortensen-Pissarides matching model can account for the housing markets facts, most of all the empirical anomaly known as ‘price dispersion’. Our main finding is that the model can account for the three basic facts of housing market, without any restrictive...
Persistent link: https://www.econbiz.de/10011524919