This paper produces new evidence and stylised facts on housing, wealth accumulation and wealth distribution, relying on … questions: i) How is homeownership and housing tenure distributed across the population along various socio …-economic characteristics such as income, wealth and age? What is the weight of housing in households’ balance sheets and how does this vary …

This paper quantitatively accounts for the cyclical dynamics of key macroeconomic housing and mortgage market variables … using a tractable, searchtheoretic 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 …

The extant literature regarding the effects of housing on stock investment shows inconsistent findings, either positive … or negative effects have been reported. This paper investigates the mechanisms by which housing affects household stock … and quantify the magnitudes of contemporaneous "wealth effects" and "crowd-out effects" of housing on household equity …

policymakers at the current juncture and outlines responses in terms of monetary, micro and macro-prudential, and housing policies. …

This Working Paper studies ways to stimulate the private rental sector (PRS) of the housing market – and compares …’ of the PRS. A well-functioning PRS and neutrality in housing policies can improve the functioning of the housing market … – by promoting residential mobility, increasing housing options for households and generating competitive supply and …

The Finnish housing market is volatile. After declining significantly as the global financial crisis unfolded, housing … fundamentals in housing price and investment developments. Current housing valuations and residential investment are broadly in … line with the model estimates. Housing market volatility is exacerbated by fluctuations in the wider economy, which given …

Housing is key for well-being and for spatial and social mobility. In India, the housing market is characterised by … excess demand for affordable dwellings, a small rental market and an oversupply of high-end housing, especially in urban …

identify behavioural and Minskyan theories of housing cycles as suitable frameworks to theorise the impact of housing on growth …. However, this literature does not provide an analysis of cross-country differences in housing cycles. Third, drawing on the … CPE literature on housing systems, we argue that factors such as private homeownership and mortgage-credit encouraging …

The purpose of this paper is to forecast housing prices in Ankara, Turkey using the artificial neural networks (ANN … layer - one hidden layer - output layer) neural network is designed with 15 different inputs to forecast the future housing …-based housing price determination in future. Applying the artifi cial neural networks (ANN) approach for estimation of housing …