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This paper examines housing affordability in Ireland by looking at the distribution of housing costs across households. Using microdata from the SILC survey over the period 2005-2015, the contribution of this paper is threefold. First, the paper considers the trends in the cost of housing in...
Persistent link: https://www.econbiz.de/10011862979
Making housing more affordable ranks high on the policy agenda across the world. One way to achieve affordable housing is to ensure sufficiently elastic supply of the housing stock in response to demand shocks. This paper aims at disentangling policy from non-policy drivers in explaining...
Persistent link: https://www.econbiz.de/10012203177
This article investigates the effect of short-term rental platforms on the housing market, using the explosive growth of Airbnb experienced in Berlin as a case study. To identify a causal effect, I exploit the structure of Airbnb in Berlin and combine a hedonic housing model with a Triple...
Persistent link: https://www.econbiz.de/10012436256
, we are able to consider the differences in using data on both new and existing rent levels in the analysis, we can also … control for other utility costs and finally we are able to estimate a RE measure in the absence of rent controls. To better … approximate the OOH structure of the Irish residential market, we also avail of regional data to estimate 32 separate hedonic rent …
Persistent link: https://www.econbiz.de/10012318649
paper uses information from the Estate Agency Rent Survey to construct a proxy for private sector rents in Malta. Using this …
Persistent link: https://www.econbiz.de/10012218999
This paper studies how local land-use regulations and community opposition affect the trade-offs to building single-family, multifamily, and affordable housing and how their effects on rents differ from their effects on house prices. Using lot-level zoning regulations and a boundary...
Persistent link: https://www.econbiz.de/10013387432
This paper examines how short-term rentals are changing living conditions and the composition of the population in the affected parts of the town. First, to analyze the relation between quality, distance, and rents, we develop two different models: an urban economics model and a non-spatial...
Persistent link: https://www.econbiz.de/10013330713
This study provides evidence of the causal impact of immigration on German house prices, flat prices, and flat rents using an extensive dataset covering 382 administrative districts over the period 2004-2020. Employing a panel-data approach and a manually constructed shift-share instrument, we...
Persistent link: https://www.econbiz.de/10013415524
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 …
Persistent link: https://www.econbiz.de/10014282755
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 …
Persistent link: https://www.econbiz.de/10014349811