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Canadian housing prices are higher than levels consistent with current fundamentals in some provinces. The empirical … estimates suggest that a 10 percent decline in housing prices would lead to a 1¼ percent decline in private consumption. The … high level of household leverage and housing prices could prove to be a source of vulnerability. The rebound in debt and …
Persistent link: https://www.econbiz.de/10011243089
Spain’s housing boom was supported by rapid economic expansion, strong employment growth, an immigration boom, and … 2010, employment and value added in construction are projected to halve as peak housing starts are completed. The …, housing market cyclicality could be reduced by fading out generous home ownership incentives. …
Persistent link: https://www.econbiz.de/10011243185
This paper presents details of Austria’s 2013 Article IV Consultation. Austria has been growing economically but is facing challenges in the financial sector. Full implementation of medium-term fiscal adjustment plans require specifying several measures and plans that need gradual...
Persistent link: https://www.econbiz.de/10011244029
Purpose – Residential property price indices (RPPI) are widely used to monitor trends. This article aims to pose the question as to whether the choice of methodology is significant or whether there are material differences in average prices, price trends, and market turning points between...
Persistent link: https://www.econbiz.de/10014777773
decisions about housing location and house prices. Based on a case study of Melbourne, Victoria, it was demonstrated that …
Persistent link: https://www.econbiz.de/10014777866
characteristics. The purpose of this study is, by building a hedonistic pricing model for apartments in Tirana, to prove empirically …/methodology/approach The capital city is chosen as a case study for the construction of a hedonistic pricing model. In the database were …. Originality/value To the author's knowledge, the hedonic model is not applied on the Albanian housing market, thus providing …
Persistent link: https://www.econbiz.de/10014777916
Purpose The paper considers if house price movements in the United Kingdom (UK) can be linked to the political cycle as governments realise homeowners represent a large portion of the voter base and their voting decisions could be influenced by the magnitude and direction of house price changes....
Persistent link: https://www.econbiz.de/10014777987
segments for housing market developments. The intention is to show that it is not only the aggregate equity gain but also the …/methodology/approach – The paper sets out a linear housing market model with three segments. Households trade up a housing ladder and link the … three segments for owner-occupied housing. The up-trading is equity-induced. An expression for the house price index, which …
Persistent link: https://www.econbiz.de/10014778063
Purpose This article aims to analyze the performance and risk of landmark building in the housing sector and to … performance of landmark building with respect to other types of housing investments, the article evaluates their usefulness for a … types of housing investments implies the existence of a minimum investment in this asset class for almost all portfolios on …
Persistent link: https://www.econbiz.de/10014778159
residential consumers on housing prices in the Jakarta Metropolitan Region. Design/methodology/approach – The Jakarta Metropolitan … on housing attributes. Findings – The results of this research provide an analysis on the different decisive attributes … for each group, disparities on the correlation between attributes in housing consumers and property practitioners and …
Persistent link: https://www.econbiz.de/10014778229