Housing prices can decrease because of proximity to hazardous industrial plants. This effect depends on households' perception of risk and can so be modified by events that change risk perception, such as technological risk prevention plans in France. The impact of these plans is difficult to...

In spite of a growing recognition of the importance of supply conditions for the level and volatility of house prices, empirical work on housing supply outside the US is scarce. This paper considers various measures of housing supply in the Netherlands, where real house prices have roughly...

How should urban containment and the diversion of households to nearby residential areas be evaluated from a welfare economic perspective? Assuming the existence of a negative externality of city size, we develop a concise general equilibrium model for a mother city and a satellite. This...