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Social infrastructure has endured a long period of neglect in most developed and emerging countries, with chronic underinvestment exposed by the coronavirus crisis 2020. The financial crisis 2007/08 led to a slow revival of economic infrastructure policies, and a growing involvement of...
Persistent link: https://www.econbiz.de/10015219435
Prediction is difficult. In this paper we use panel data methods to make reasonably accurate short term ex-post predictions of house prices across 353 local authority areas in England. The issue of prediction over the longer term is also addressed, and a simple method that makes use of the...
Persistent link: https://www.econbiz.de/10015220705
We analyse the real estate developer sector in Poland and explain how the housing construction process is financed. The main economic indicators that are used in the profitability analysis are explained in detail. Moreover, we analyse the real estate developer business plan and propose a model...
Persistent link: https://www.econbiz.de/10015235095
This paper explores the responses to the housing crisis in Dublin, Ireland, by analysing recent housing policies promoted to prevent family homelessness. I argue that private rental market subsides have played an increasing role in the provision of social housing in Ireland. Instead of policies...
Persistent link: https://www.econbiz.de/10015261175
We examine the house prices convergence across twelve OECD countries over the period 1905-2016. Using novel quantile unit root tests which allow for smooth breaks via a Fourier expansion series, we find that nine countries show the presence of relative house price convergence at all the...
Persistent link: https://www.econbiz.de/10015261247
The affordable and adequate housing in a safe environment is a basic necessity and a fundamental right. There are two major disadvantages of renting a home in Hungary today: uncertainty and high price. However, many international examples show that renting a home is often more popular and...
Persistent link: https://www.econbiz.de/10015262199
Social infrastructure has endured a long period of neglect in most developed and emerging countries, with chronic underinvestment exposed by the coronavirus crisis 2020. Private sector investment in social infrastructure has widely fallen back over the last decade - this in contrast to economic...
Persistent link: https://www.econbiz.de/10015266912
The paper presents the spatial and socio-economic transformation of one of Warsaw’s large-scale housing estates – Sluzew nad Dolinka, especially after 1989. In spite of potential threat of physical and social degradation, the area has not converted into a city slum and still offers...
Persistent link: https://www.econbiz.de/10015240270
The causality between the real estate and stock markets of China remains a mystery in the literature. This paper investigates the non-linear causal relationship between real estate property and stock returns in China from the perspective of conditional quantiles. The results of the quantile...
Persistent link: https://www.econbiz.de/10015243604
The article presents an analysis of the developer sector, which takes into account the ob-served functioning of the market. The analysis is based on the assumption that the housing developer, due to the asymmetry of information, is able to take advantage of a local monopoly and differentiate...
Persistent link: https://www.econbiz.de/10015245320