Showing 1 - 10 of 11
In this paper, a dynamic stock flow model is modified and applied to the Singapore private housing market. Two empirical models are then constructed, which offer an explanation for the dynamic patterns of both real private housing prices and new housing construction. In the long run, movements...
Persistent link: https://www.econbiz.de/10010827336
A new housing choice forecasting model is developed here to answer a practical question: how to forecast housing demand at a disaggregate level. Being different from the previous housing choice models, this model is derived from housing sub-market structure based on a random utility approach....
Persistent link: https://www.econbiz.de/10010887493
This paper gives a definition of urban owner-occupier housing sub-market structure. A dynamic stock flow approach is applied to this structure to understand its short-term equilibrium properties and long-term dynamic process. The paper concludes by investigating the connections between urban...
Persistent link: https://www.econbiz.de/10010887599
It has been demonstrated that the real estate market disciplines irrational price premiums. However, the persistence of price premiums begs the question of what causes price premiums in the first place. This paper seeks to examine two explanations for price premiums—the conventional...
Persistent link: https://www.econbiz.de/10010888774
This paper examines factors influencing Australian landlords’ decisions to retain their rental investments. A variety of statistical techniques are applied to uncover the factors precipitating the exit of landlords from rental housing markets. It is found that middle-aged investors are...
Persistent link: https://www.econbiz.de/10011135258
The tax treatment of housing can have important implications for the relative attractiveness of investment in housing. The tax regime for private landlords in Britain appears to be less favourable than in many other advanced welfare states, including Australia, where negative gearing is commonly...
Persistent link: https://www.econbiz.de/10010827056
Persistent link: https://www.econbiz.de/10010887181
Persistent link: https://www.econbiz.de/10010887336
Persistent link: https://www.econbiz.de/10010887637
Since the deregulation of Australian Housing Finance interest rates in early 1986 the market has determined the rate prospective home buyers must meet for their loans. Deregulation has brought higher interest rates and considerable public discussion concerning the plight of home buyers and these...
Persistent link: https://www.econbiz.de/10010887751