This paper provides an empirical analysis of the levels and trends in the industrial diversity of Canadian cities over the past ten years (1992-2002), a period of significant structural change in the Canadian economy. Diverse cities are thought to be more stable and provide environments that...

We examine the impact of peer-to-peer (P2P) short-term rentals on housing affordability. Using a simple model we illustrate that, although growth in the short-term rental market leads to higher housing prices, home-sharing profits can offset increased housing costs. That is, we show the net...

Systemic risk must include the housing market, though economists have not generally focused on it. We begin construction of an agent-based model of the housing market with individual data from Washington, DC. Twenty years of success with agent-based models of mortgage prepayments give us hope...

The primary purpose of this paper is to examine dynamic causal relationships between housing market activity (construction permits for private use) and six determinants, including consumer price index (CPI), monetary aggregate (M2), interest rate (IR), industrial production index (IPI), real...

Clustering has a potentially important contribution to real estate portfolio analysis. In this study several hierarchical clustering algorithms are applied to rental returns for seventy-one metropolitan residential markets in Turkey. The aim is to develop homogeneous groupings for real estate...

The primary purpose of this research is to identify the relationship between economic indicators and volume of mortgage loans in Turkish housing market. The economic indicators, which are used in the study, are mortgage loan rates, 12-month interest rate of Treasury bill, consumer price index,...

This paper uses data on house transactions in the state of Massachusetts over the last 20 years to show that houses sold after foreclosure, or close in time to the death or bankruptcy of at least one seller, are sold at lower prices than other houses. Foreclosure discounts are particularly large...

The bulk of the literature on retail location looks at the topic from the perspective of either the retail firm or the individual shopper. Another branch of the literature examines the spatial distribution of retail activities within a city or region, drawing on either central place theory or...

This paper proposes the study of a special case of the model of the " basket of territorialized goods and services ", the Bresse (France). The agricultural dominating model, based on the modernization and the intensification of agriculture, coexists with many traditional productions. But the...