Green spaces in housing development – buyers’ preferences

Buyers' and Sellers' Agents in the Housing Market

We explain why buyers in the housing market use an agent employed by the seller. Such agents reduce buyers' search costs so that more buyers search a particular house. This increases the probability of the sale of the house and possibly also its selling price. However, since the selling price increases, if at all, by less than the fee paid by the seller to the agent, both buyers and sellers are...

Discussion of Home-buyers, Housing and the Macroeconomy

We have learned from other contributions to this conference that it can be diffi cult to pin down whether a particular rise in asset prices constitutes a bubble, especially at the time it is happening. It may be easier ex post – the defi nition that says that you know youʼve had an asset bubble when the price has just fallen by 40 per cent. Despite these uncertainties, I think it makes sense to...

Are Home Buyers Myopic? Evidence From Housing Sales

This paper explores whether home buyers are myopic about future energy costs. I exploit variation in energy costs in the form of fuel price changes in Massachusetts where there is significant overlap in the geographic and age distributions of oil-heated homes and gas-heated homes. I find that relative fuel price shifts cause relative changes in housing transaction prices that are consistent wit...

Housing Preferences of Older Consumers

Green spaces and cognitive development in primary schoolchildren.

Exposure to green space has been associated with better physical and mental health. Although this exposure could also influence cognitive development in children, available epidemiological evidence on such an impact is scarce. This study aimed to assess the association between exposure to green space and measures of cognitive development in primary schoolchildren. This study was based on 2,593 ...