Planning and the housing market: reflections on strategic housing market assessment in England

A Critical Reflection on Housing Market Area Definition in England

The adoption of administrative boundaries as approximations of housing markets has long restricted the scope for housing market analysis and planning policy development to be undertaken within a functional housing market framework in England. This has prompted consideration of the value of deriving Housing Market Areas (HMAs) to underpin the development of housing market intelligence for planni...

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...

Migration within England and Wales and the Housing Market

Economic conditions exert a strong influence on regional migration. On the one hand, strong labour market conditions, as exemplified by low unemployment rates and high earnings, draw migrants into regions. On the other hand, strong housing market conditions can prevent movement since commuting may often be an alternative to migration. This can be thought of as giving rise to a migration equilib...

The Housing Market in Ghana

Unemployment, Financial Frictions, and the Housing Market

We develop and calibrate a two-sector, search-matching model of the labor market augmented to incorporate a housing market and a frictional goods market. The labor market is divided into a construction sector and a non-housing sector, and there is perfect mobility of unemployed workers across sectors. In the frictional goods market households, who lack commitment, …nance random consumption oppo...