Housing prices and transaction volume
نویسندگان
چکیده
منابع مشابه
Housing, Land Prices, and Growth
We consider the effects of land for housing on the growth process within an overlapping generations model. Our original interest was to enquire whether the introduction of land into a growth model might account for a “virtuous” circle in which saving-up for land (or housing) generates growth and higher land prices, generating further increases in saving, and so on. Such an account is sometimes ...
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The correlation between stock and housing prices, which is critical for household asset allocations, varies widely by metropolitan area and country. A general equilibrium model demonstrates that an aggregate positive technology shock increases stock prices and housing demand but can decrease housing prices where land supply is elastic because stable future rents are discounted at higher interes...
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This paper explains a technique and presents empirical results for measuring the change in elderly consumer’s welfare due to price changes in items in the Consumer Price Index (CPI). A new approach for measuring welfare changes due to price changes in owner-occupied housing in a static and dynamic setting is the cornerstone of this research. The model treats housing as an asset with the fundame...
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Objective. In the United States, growth regulations aimed at environmental protection and better-quality urban areas have become very popular since the 1960s. Although many studies have examined the housing-price effects of local and regional growth management regulations, none has examined the effects of a state law. Past research has also tended to be cross-sectional, rather than longitudinal...
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ژورنال
عنوان ژورنال: Journal of Housing Economics
سال: 2013
ISSN: 1051-1377
DOI: 10.1016/j.jhe.2013.02.001