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housing supply problem and the extent to which proposed policies would solve it. However, previous studies understate the … supply and demand framework to estimate the full housing shortage in the United States. Using county-level data on land …Following popular discourse, we abuse economic terminology by defining the “housing shortage” in the United States as …
Persistent link: https://www.econbiz.de/10013351986
-variables estimation of a hedonic price analysis - with an application to historic preservation in Chicago. The theoretical model casts … employs these determinants as instruments for endogenous regulatory treatment in a hedonic price analysis. OLS estimation of …
Persistent link: https://www.econbiz.de/10010269350
-variables estimation of a hedonic price analysis – with an application to historic preservation in Chicago. The theoretical model casts … employs these determinants as instruments for endogenous regulatory treatment in a hedonic price analysis. OLS estimation of …
Persistent link: https://www.econbiz.de/10005014666
In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the …. Our model offers a new way to look at the housing market from a search-theoretic perspective. In addition, we contribute …
Persistent link: https://www.econbiz.de/10010269591
This paper presents the quantile estimation of house price between two years, 2004 and 2007 (a boom house price period … 2007, the difference in housing price in Spain is larger at lower and higher percentiles. Secondly, the most important part … of the difference in the distribution of housing prices between 2004 and 2007 is explained by coefficients (with all the …
Persistent link: https://www.econbiz.de/10010282564
Participants to an online study in Luxembourg are presented with fictitious real-estate advertisements and tasked to make an offer for each of them. A random subset is also shown sellers' names that are strongly framed to signal their origins. Our randomised procedure allows us to conclude that,...
Persistent link: https://www.econbiz.de/10014377321
estimation concerns, we estimate an elasticity of housing production with respect to non-land inputs of about 0.80. …We propose a new nonparametric approach to estimate the production function for housing. Our estimation treats output … competitive house builders. For parcels of a given size, we compute housing by summing across the marginal products of non …
Persistent link: https://www.econbiz.de/10011584688
Economic hardship is strongly reflected by the housing market. It is the concern of much research, but its analysis is … modification request. Other relevant searches for short sale, REO (as in Real Estate Owned) or FHA (as in Federal Housing … Administration) are used to provide a comprehensive view of the housing market. Using data from the great recession and benchmarking …
Persistent link: https://www.econbiz.de/10010278657
In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the …. Our model offers a new way to look at the housing market from a search-theoretic perspective. In addition, we contribute …
Persistent link: https://www.econbiz.de/10008497015
Economic hardship is strongly reflected by the housing market. It is the concern of much research, but its analysis is … modification request. Other relevant searches for "short sale", "REO" (as in Real Estate Owned) or "FHA" (as in Federal Housing … Administration) are used to provide a comprehensive view of the housing market. Using data from the great recession and benchmarking …
Persistent link: https://www.econbiz.de/10009225764