The newly built residential house basically had undergone a period where any defects toward the house will be rectified by the particular developer. Defect Liability Period (DLP) which commenced from the day of Vacant Possession (VP) by house owners generally in effect between eighteen (18) months and twenty four (24) months. During DLP, new house owner have the right to issue any complaints re...

a r t i c l e i n f o JEL Classification: D10 J13 R21 Keywords: Fertility HPI Credit constraints Home equity Cyclicality of births MSA Housing market This project investigates how changes in Metropolitan Statistical Area (MSA)-level house prices affect household fertility decisions. Recognizing that housing is a major cost associated with child rearing, and assuming that children are normal goo...

There is strong evidence that house prices and consumption are closely synchronized. There is, however, disagreement over the causes of this link. This paper examines if there is a wealth effect of house prices on consumption. We use a rich household level panel data set with information about house ownership, income, wealth, and demographics for a large sample of the Danish population in the p...

In this paper, we identify key drivers and barriers for the adoption of building energy retrofits in Germany, which is promoted by public policy as an important measure to address the future challenges of climate change and energy security. We analyze data from a 2009 survey of more than 400 owner-occupiers of single-family detached, semidetached, and row houses in Germany, that was conducted a...

We exploit large exogenous changes in housing wealth to examine the impact of wealth gains and losses on individual health. In UK household, panel data house price increases, which endow owners with greater wealth, lower the likelihood of home owners exhibiting a range of non-chronic health conditions and improve their self-assessed health with no effect on their psychological health. These eff...