Many cities have attracted a flurry of out‐of‐town (OOT) home buyers. Such capital inflows affect house prices, rents, construction, labor income, wealth, and ultimately welfare. We …
P Bajari, P Chan, D Krueger… - International Economic …, 2013 - Wiley Online Library
Using data from the PSID, we estimate a dynamic model of housing demand with nonconvex adjustment costs, credit constraints, and uncertainty about income and home prices. We …
The homeownership rate in Germany is one of the lowest among advanced economies. To better understand this fact, we evaluate the role of specific housing policies that tend to …
We present a framework for studying the relation between the distributions of income and house prices that is based on an assignment model where households are heterogeneous …
This paper investigates the interrelationship between urbanization, structural transformation, and the post-2000 Chinese housing boom through the lens of a dynamic spatial equilibrium …
T Landvoigt - The Review of Financial Studies, 2017 - academic.oup.com
I use a life-cycle model of housing demand to infer expectations about house prices and home equity requirements for the housing boom of the 2000s from observed household …
A life-cycle model is developed in which households face income and house-price risk and buy houses with mortgages. This model, which accounts for key features in US data, is used …
G Paz-Pardo - American Economic Journal: Macroeconomics, 2024 - aeaweb.org
Earnings are riskier and more unequal for households born in the 1960s and 1980s than for those born in the 1940s. Despite improvements in financial conditions, younger generations …
D Uysal, M Yiğit - … Sosyal Bilimler Meslek Yüksek Okulu Dergisi, 2016 - sbmyod.selcuk.edu.tr
Öz Çalışmada Türkiye'de konut talebini etkileyen faktörler araştırılmaya çalışılmıştır. Konut talebini etkileyen faktörler olarak Kişi Başı Gelir, Fiyatlar, Kentleşme Hızı, Faiz ve M2 parasal …