"Rent setting behavior of landlords relates to rental rates on new leases, while tenant demand for space depends on the average rental rate on existing space. Thus models of the space market need to identify the roles of these two rates. A market or new lease rent series is constructed for the...

ERES:conference

We study property investment decision-making from a behavioural perspective on the very micro level. We do this by analysing an extraordinary large real estate transaction that took place in the Swedish property market 2008. In an open-bid transaction the properties of the corporation Vasakronan...

ERES:conference

This paper proposes a price index construction methodology that can increase the quality of price index data for condominiums in Sweden. Currently, officially published market price indexes for condominiums and houses in Sweden suffer from a number of shortcomings. Notably they do not control...

In the academic literature about construction of housing price indexes, administrative geographic areas are mostly used. Very rarely discusses and analyzes the question what is the optimal regional division from a statistical point of view as well as a practical point of view. In the design of...

Given the large increase in Swedish house prices and households_ indebtedness since the 1990s, it is important to study the seemingly strong relationship between house prices and bank lending. Credit expansion may increase house prices and higher house prices increases the wealth and, thereby,...

ERES:conference

Securitized real estate shares constitute an important investment vehicle for institutional investors and households. Investors both hold real estate shares directly or indirectly through for instance real estate mutual funds as well as real estate ETFs. Therefore it is interesting to study the...

Governments around the world utilize various types of subsidies in order to counter problems of housing shortages and affordability concerns. Reduced interest rate or alternative investments of construction loans are examples of subsidy policies on the supply side that are intended to offset...