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Individual sales prices and local vacancy rates in the housing market pose a natural analogy to the wage curve, a popular concept in labor economics that describes how individual wages decrease with higher local unemployment. While housing search and matching models and housing externalities...
Persistent link: https://www.econbiz.de/10012977540
This paper analyzes the impact of the sale of rental housing in Amsterdam on the local housing market. This increases the supply of owner-occupied housing, but can also contribute to gentrification associated with the inflow of different household groups. Earlier literature focused on the former...
Persistent link: https://www.econbiz.de/10011801481
-income neighborhoods, suggesting that strong migratory connections link the low-income market to new construction. Next, I combine the …
Persistent link: https://www.econbiz.de/10012866016
-income neighborhoods, suggesting that strong migratory connections link the low-income market to new construction. Next, I combine the …
Persistent link: https://www.econbiz.de/10012038863
The rising concentration of low-income households and ethnic minorities has become an important policy issue in Germany. The Ruhr Area is particularly interesting, because it is one of the largest conurbations in Europe and experienced radical structural changes in the past, which are connected...
Persistent link: https://www.econbiz.de/10012549543
New Zealand’s housing supply has not kept pace with rising demand, including from net immigration. Affordability has worsened, particularly for low-income renters. Government action is underway to allow new housing through initiatives such as the Urban Growth Agenda, KiwiBuild and the Housing...
Persistent link: https://www.econbiz.de/10012111105
In a context marked by rapid urbanisation, growing housing demand and the worsening impacts of climate change, national governments play a vital role in delivering environmentally sustainable cities with adequate and affordable housing. This paper reviews national housing policy instruments from...
Persistent link: https://www.econbiz.de/10012230632
To cope up with the causes of housing shortages and to facilitate offering residential housing units especially for low income families, governments in both developed and developing countries, the study discusses the possible methods of financing subsidized housing in the developing countries...
Persistent link: https://www.econbiz.de/10012892805
-income public housing tenants live in poorer, less educated and lower quality neighborhoods than similar low-income households in …
Persistent link: https://www.econbiz.de/10011734387
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