The continuous growth of house prices in Spain in recent years has been an issue with economists and market participants. It is still an issue of debate whether the increases are based in fundamentals or whether they essentially constitute a bubble. In this work we study and document the price...

The purpose of this paper is to examine the use of Housing under Controlled Prices (HCP) within the framework of the Housing Plans of the Spanish Government during the period 1992- 1999. HCP gave low income families the possibility to choose between new or existing housing by trading off...