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Housing taxation is an important policy instrument that shapes households' choices about homeownership and renting as … well as the evolution of the housing market. We study the effects of housing taxation in a model with search and matching …-run effects of the recent Italian housing market taxation reforms and the extent of property tax capitalization on house prices …
Persistent link: https://www.econbiz.de/10012958150
The paper identifies neighbourhood price spillovers in the housing market. Although this concept attracted some …
Persistent link: https://www.econbiz.de/10012900307
In this paper, I quantify the effect of buyers' uncertainty about a home's quality on its pricing and liquidity. I first develop a parsimonious model of home sale in which buyers learn about the home's quality from a walkthrough and from the home's days-on-market. Quality uncertainty distorts...
Persistent link: https://www.econbiz.de/10012900725
This paper examines how a new lender affects local mortgage and housing markets around its branches. Specifically, I …
Persistent link: https://www.econbiz.de/10012899421
We document that the transmission of monetary policy to real house prices and housing investment is heterogeneous … associated with lower responses of housing investment and house prices …
Persistent link: https://www.econbiz.de/10012899559
This paper uses hedonic regression to examine prices in the Christchurch housing market before, and after, the recent …
Persistent link: https://www.econbiz.de/10012944983
On the 22nd of February 2011, much of the residential housing stock in the city of Christchurch, New Zealand, was … spatial reordering of the housing market in the city. We find a negative correlation between insurance payouts and house … which aims to improve on a standard hedonic model, and identify the dynamics of the housing market in the city, and three …
Persistent link: https://www.econbiz.de/10012822499
This study investigates the spillover effect of corporate headquarters relocation on the local housing market. Using a … headquarters into a district is significantly associated with housing price appreciation in the district. The growth in housing … prices for districts with a corporate headquarters relocation is 10% higher than in those without. Moreover, housing prices …
Persistent link: https://www.econbiz.de/10012824278
In this paper, we assess the impact of the arrival and expansion of Airbnb on housing rents and prices in the city of …
Persistent link: https://www.econbiz.de/10012865738
Search theory shows that real property prices and marketing durations are simultaneously determined and positively related. Yet, empirical studies find positive, negative, and insignificant parameter estimates on the time-on-the-market (TOM) variable in price models. Using a dataset well suited...
Persistent link: https://www.econbiz.de/10012871653