Theoretical Causes for Vacancies in the Housing Market There are different causes for vacancies in the housing market … order to explain vacancies in the housing market in the context of the prospect theory. From these theories different …

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 …

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 …

We review the existing literature on the causes of vacancies in the housing market. First, we present a detailed … vacancies in the housing market in the context of prospect theory which could be extended by future research. Second, we … specific type of vacancy into account is highly relevant for housing policy decisions. …

In this paper, I explore and explain how buy-to-let investors affect housing price dynamics. The impact of buy …-to-let investors on the housing market is much discussed by policy makers, but previously not considered in the literature. I develop a … structural search model that allows housing owners to buy second houses to let out, and let rents be determined endogenously. To …

I propose a model of the housing market using a search framework with asymmetric information in which sellers are … contribute to housing market illiquidity. Real estate agents that can improve the expected quality of a match can segment the … advantage in the matching process, incentive compatible listing contracts are implementable as long as housing is not already …

There are different causes for vacancies in the housing market. The scientific literature provides a series of … economics. Concerning the latter, a new theoretical framework is used in order to explain vacancies in the housing market in the …

This paper quantitatively accounts for the cyclical dynamics of key macroeconomic housing and mortgage market variables … using a tractable, search-theoretic model of housing with equilibrium mortgage default. To explain these dynamics, the model … constraints. During housing busts, longer selling times spill over into higher foreclosure risk, thereby magnifying the response …

This paper investigates the macroeconomic effects of search risk in the housing market. To do so, I introduce a … tractable directed search model of housing with mul- tidimensional buyer and seller heterogeneity. I incorporate this framework …. This mechanism establishes a novel link between housing and mortgage markets based on the illiquidity of housing. …

This paper uses a large dataset, covering more than 70% of the Dutch housing market, to analyze the relationship …