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to $65,000. Increasing the supply of affordable housing by 10%  significantly improves the welfare of all …
Persistent link: https://www.econbiz.de/10012215418
fact that the demand for public housing may exceed the available supply. We show that ignoring these supply side … average, 3.8 families that would like to move into the vacated unit. Simple logit demand models that ignore supply side … restrictions cannot generate reasonable wait times and wait lists. Demolitions of existing units increase the degree of rationing …
Persistent link: https://www.econbiz.de/10011757089
We use a quantitative spatial equilibrium model to evaluate the distributional and welfare impacts of a recent temporary rent control policy in Berlin, Germany. We calibrate the model to key features of Berlin’s housing market, in particular the recent gentrification of inner city locations....
Persistent link: https://www.econbiz.de/10012696919
drivers of housing supply and demand as well as the constitution of the housing market and its segments: homeowners and …In a context marked by rapid urbanisation, growing housing demand and the worsening impacts of climate change, national …
Persistent link: https://www.econbiz.de/10012230632
the supply of owner-occupied housing, but can also contribute to gentrification associated with the inflow of different …
Persistent link: https://www.econbiz.de/10011801481
We use a quantitative spatial equilibrium model to evaluate the distributional and welfare impacts of a recent temporary rent control policy in Berlin, Germany. We calibrate the model to key features of Berlin’s housing market, in particular the recent gentrification of inner city locations....
Persistent link: https://www.econbiz.de/10013312059
New Zealand’s housing supply has not kept pace with rising demand, including from net immigration. Affordability has … containment policies would allow the planning system to better respond to demand for land. Incentives for local governments to … affordable housing through KiwiBuild should be re-focused towards enabling the supply of land to developers, supporting …
Persistent link: https://www.econbiz.de/10012111105
Increasing supply is frequently proposed as a solution to rising housing costs. However, there is little evidence on … five years. This suggests that new construction reduces demand and loosens the housing market in low- and middle …
Persistent link: https://www.econbiz.de/10012038863
new housing supply can improve housing affordability. In the model, equilibrium rental rates are determined so that the … neighborhood. We find that the rent elasticity is low, and thus marginal reductions in supply constraints alone are unlikely to … level of amenities in a neighborhood—as in a Rosen-Roback spatial equilibrium framework—than by the supply of housing …
Persistent link: https://www.econbiz.de/10011932213
indices. We provide a discussion of the contributing factors of synchronization, with a focus on the demand and supply … more synchronized, this being particularly clear for cities. Sustained demand for places that are attractive for financial … supply-constrained, is likely to lead to more synchronization across markets. The conclusions are important for investors …
Persistent link: https://www.econbiz.de/10012181108