A Housing Supply Absorption Rate Equation

a housing supply function for iran

a housing supply function for private sector has been estimated for the period of 1985-1999. the model was specified, using lucas supply theory and by including internal adjustment costs in producer's decision f or production or inv estment. the distin ctive feature of this model is the utilization. of investment role in housing sector similar to other factors in production function. the r...

A Quasilinear Parabolic Equation With Inhomogeneous Density and Absorption

Urban Growth and Housing Supply

Cities are physical structures, but the modern literature on urban economic development rarely acknowledges that fact. The elasticity of housing supply helps determine the extent to which increases in productivity will create bigger cities or just higher paid workers and more expensive homes. In this paper, we present a simple model that provides a framework for doing empirical work that integr...

Dynamic cycles of unsold new housing stocks, investment in housing, and housing supply-demand

Unsold new housing stocks may be closely related to housing market fluctuation, especially the difference between housing supply and demand, which is influenced by macroeconomic conditions. These factors simultaneously influence developers’ investment decisions and, thus, housing supply over time. However, previous research on the housing market has focused on explaining the statistical relatio...

Housing Market Behavior with Restrictive Land Supply

This thesis examines, both theoretically and empirically, the effects of land supply restriction on housing price and housing production. The analysis is conducted in the context of a closed city, where any increase in population must be accommodated within the market. The theoretical part of the analysis extends the urban spatial theory by including natural and contrived land supply restrictio...