The first chapter consists of my job-market paper. The foreclosure rate of subprime mortgages increased markedly across 2003-2007 borrower cohorts-subprime mortgages originated in 20062007 were roughly three times more likely to default within three years of origination than mortgages originated in 2003-2004. Many have argued that this surge in subprime defaults represents a deterioration in su...

Studies of the linkages between real estate prices and general economic conditions have an extensive history, beginning with tabulations suggesting the ways in which long swings in construction and price development were synchronized with long swings in aggregate economic activity (Gottlieb, 1976). Recent studies have explored the implications of alternative representations of investor expectat...

decreasing qualitative aspects of residential environments is a real problem in recent public housing of kerman. this article is concentrated on surveying the impact of in-between spaces on residential environments quality (req), to evaluate different kinds of it and to determine interrelation of two main components: residents individual characteristics and characteristics of in-between spaces....

BACKGROUND Recent increases in care home closures suggest that homes may not be able to balance pressures to reduce costs against pressures to increase standards. Commissioning requires an understanding of the factors affecting costs and how they change over time. METHODS A survey of care homes for older people was conducted in 21 local authorities in England in 1996. A complete response was ...

This paper is a good example of how solid research can support the policy decision process. Based on housing and land transaction data, the authors use the hedonic approach to calculate constant quality housing price and land price indices in 35 Chinese cities. This new and unique dataset on residential land transactions at the city level is by itself an important contribution, and the statisti...

Considerable effort is being made to reduce the primary energy consumption in buildings. As part of this effort, fuel cell systems are attracting attention as a new/renewable energy systems for several reasons: (i) distributed generation system; (ii) combined heat and power system; and (iii) availability of various sources of hydrogen in the future. Therefore, this study aimed to develop an eco...

This paper estimates the behavioral response to residential real estate transfer taxes by studying notched tax rate changes in Washington D.C., exploiting both a price and time notch as identifying variation. We provide evidence that there is manipulation of the sales price to the lower-tax-rate region around the price notch, and use this manipulation to show that there was significant awarenes...

This paper explores the impact of demographic changes on the housing market in the US, 1st by reviewing the facts about the Baby Boom, 2nd by linking age and housing demand using census data for 1970 and 1980, 3rd by computing the effect of demand on price of housing and on the quantity of residential capital, and last by constructing a theoretical model to plot the predictability of the jump i...

Households are key actors in decarbonizing our economy, especially when it comes to investments a decentralized energy system, such as solar photovoltaics (PV). The phasing-out of feed-in tariffs, and unexpected policy changes the wake an increasingly polarized climate debate, require residential PV investors bear new risks. Conducting discrete choice experiment coupled with randomized informat...