China due to flight route changes. I find a large positive house price impact. Consistent with investment q-theory, rents …

I estimate the impact of new housing supply on the local rent distribution, exploiting weather shocks during the …

paper uses information from the Estate Agency Rent Survey to construct a proxy for private sector rents in Malta. Using this …

I estimate the impact of new housing supply on the local rent distribution, exploiting delays in housing completions … by 0.2 percent, and increases disproportionately the number of second-hand units offered for rent. The impact of the … supply shock is similarly strong in locations experiencing growing housing demand. Moreover, it affects the entire rent …

less land than houses, and therefore rent and home price dynamics can differ. We thus examine the cyclical behavior of … addition, measures of house price and rent co-movement exhibit different dynamics, with peaks and troughs often occurring at …

contrast to practise in most countries where governments have created strong barriers to moving (transaction taxes, rent …

Government Areas in Sydney from 1991 to 2006, we find little evidence that variations in price: rent ratios anticipate future … real rent growth. Instead changes in price: rent ratios apparently reflect changing expectations about future discount …

Disequilibrium in the housing market can be detected by comparing the actual price-rent ratio with its equilibrium … presence of omitted variables. Applying this method to a data set consisting of 730,000 individual price and rent transactions … we find that quality adjusting significantly reduces the actual price-rent ratio. We then insert these quality adjusted …