Over the last two decades, New Zealand experienced a threefold increase in housing prices. The largest surge in prices … in recent years occurred between 1998 and 2007, a period of housing price growth in many developed economies. Since 2007 …, housing price growth remained flat until 2011, and then prices once again embarked on an upward trend. However, recent housing …

Following popular discourse, we abuse economic terminology by defining the "housing shortage" in the United States as … of homes. The magnitude of the housing shortage is important to policymakers, who use it to measure the scope of the … housing supply problem and the extent to which proposed policies would solve it. However, previous studies understate the …

Immobilien- und Finanzmärkten untersucht und anhand der Finanzmarktkrisen in Japan Anfang der 1990er Jahre und in den USA in den …

Immobilien- und Finanzmärkten untersucht und anhand der Finanzmarktkrisen in Japan Anfang der 1990er Jahre und in den USA in den …

Neighborhoods are the result of a complicated interplay between residential choice, housing supply and the influences … Zone program) on neighborhood characteristics, especially housing values. This system of equations approach allows us to … in the housing stock or neighborhood demographics. In the process, we are able to shed light on the rich simultaneity …

considerably reduced with modest effects on homeownership, which is relevant for housing finance reform plans that propose to …

The Chinese government has been active in trying to cool the alleged bubbles in its housing markets, especially in … urban areas. This paper argues that the high housing prices are at least partly caused by some real factors, including the … three sectors (housing, agriculture, and others) is constructed to examine the effects of the artificial constraint. The …

price correction in these segments spills over into other markets. The country benefits from a sound and effective housing … on loan losses would better align private and social interests. There may be a shortage of rental housing in several … and increase incentives for private-sector development of affordable housing. This Working Paper relates to the 2014 OECD …

stringent land-use regulations, on prices and rents for multifamily housing units. The Coastal Act applies to a narrow section … generated by restrictions on all properties within the regulated area. Data on multifamily housing rents are used to isolate the … effect of restrictions on adjacent properties (the neighbor effect). Our analysis of multifamily housing prices reveals local …