Housing supply, investment demand and money creation: A comment on the drivers of London’s housing crisis
نویسندگان
چکیده
منابع مشابه
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...
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There is a bitter controversy over what drives the housing price in China in the existing literature. In this paper, we investigate the underlying driving force behind housing price fluctuations in China, especially focusing on the role of housing demand shock with that of money supply shock in explaining housing price movements, by a new Keynesian dynamic stochastic general equilibrium model. ...
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used to write and make speeches about all the ways in which our society was messing itself up, and how it could all be improved, and in his case the things that he talked about were fairly obvious and straightforward, and his conclusions were equally--what shall we say--visionary and utopian as mine. I don’t want any of you to think that I really believe that it is politically likely that we ar...
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One goal of the U.S. housing voucher program, as an alternative to public housing subsidies, is to help participants gain access to decent neighborhoods. I find that in a typical implementation of the program, participants in the housing voucher program live in better neighborhoods than public housing residents, but in lower-quality neighborhoods compared to unsubsidized households eligible for...
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ژورنال
عنوان ژورنال: Urban Studies
سال: 2017
ISSN: 0042-0980,1360-063X
DOI: 10.1177/0042098017705828