Housing bubble burst or credit crunch effect? Slovenia’s housing market

Did the Housing Price Bubble Clobber Local Labor Market Job and Worker Flows When It Burst ?

We integrate local labor market data on worker flows (accession and separation rates), job flows (creation and destruction rates), employment levels, and earnings with MSA-level data on housing prices and local area unemployment, in order to study the local labor market dynamics associated with the U.S. housing price bubble of the late 2000s. We proceed to study the magnitude and timing of the ...

Bubble or riddle? An asset-pricing approach evaluation on China's housing market

☆ The authors would like to thank the editors Stephen G an anonymous referee for constructive comments and s Ming Lu for many useful discussions at various stages of Kwang Ng and Meng Li for helpful comments; and Ming Yu Zhou for their excellent research assistance. Financ Road Research Grant M4080405 at Nanyang Technol acknowledged. ⁎ Corresponding author. E-mail addresses: [email protected] (Q...

The Business Cycles of Urban Housing Market (Case Study: Urban Housing Market of Isfahan, 1980-2014)

H ousing is a commodity with unique features and its market, especially in urban areas, is characterized by unique business cycles that differentiate it from other commodities. On one hand, housing market can be deeply influenced by economic shocks, and on the other hand, the sheer size of housing investments makes the economy particularly vulnerable to any shock in this market. Henc...

Housing Transfer Taxes and Household Mobility: Distortion on the Housing or Labour Market?*

We estimate the effect of the UK Stamp Duty Land Tax on household mobility using micro data. Exploiting a discontinuity in the tax schedule as a quasi-experimental setting, we isolate the impact of the stamp duty from other determinants of mobility. We compare homeowners with self-assessed house values on either sides of a cut-off value where the tax rate increases from 1 to 3 percent and find ...

The Housing Market in Ghana