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ARMs and the demand for housing
Regional Science and Urban Economics, 1989Abstract This paper estimates the effect of a borrower's mortgage type (ARM or FRM) on housing demand. A two-stage procedure is used wherein a probit mortgage choice equation is first estimated and predicted choice probabilities from this equation are then used to modify the choice-dependent interest-cost measures in the demand equation (the modified
Jan K. Brueckner, James R. Follain
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The demand for rental housing: Evidence from the Housing Allowance Demand Experiment
Journal of Urban Economics, 1981Abstract This paper provides new evidence on the price and income elasticities of demand for rental housing by low income households. Housing expenditures of households participating in the Housing Allowance Demand Experiment and receiving housing allowances in the form of a proportional rent rebate are analyzed.
Joseph Friedman, Daniel H. Weinberg
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1979
In this chapter we shall concentrate on empirical studies of demand that have sought to identify the quantitative relationship between housing demand and its various determinants. These studies are of considerable practical importance because they provide the basis for forecasts of future housing requirements.
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In this chapter we shall concentrate on empirical studies of demand that have sought to identify the quantitative relationship between housing demand and its various determinants. These studies are of considerable practical importance because they provide the basis for forecasts of future housing requirements.
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Journal of Housing Economics, 2009
Abstract This paper analyzes the components of housing demand in Mexico in the context of developing and developed nations. The case of Mexico is particularly interesting given that population and income dynamics, as well as current housing shortages, suggest that the demand for housing will significantly increase in the near future.
MatÃas Fontenla, Fidel Gonzalez
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Abstract This paper analyzes the components of housing demand in Mexico in the context of developing and developed nations. The case of Mexico is particularly interesting given that population and income dynamics, as well as current housing shortages, suggest that the demand for housing will significantly increase in the near future.
MatÃas Fontenla, Fidel Gonzalez
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Housing Supply, Housing Demand, and Affordability
Urban Studies, 2008The affordability of housing is a major policy issue that has increasingly become a concern for UK government as house prices have risen dramatically in recent years. This is partly because of the importance of affordability for the recruitment and retention of key workers, many of whom are on national pay scales and earning salaries that do not fully
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1974
Many products of the construction industry are built for the collective enjoyment or benefit of a large group of persons, e.g. schools and reservoirs, and the purchase of the service or benefit may be made by a group other than the users. These are the social-type goods discussed in Chapter 6.
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Many products of the construction industry are built for the collective enjoyment or benefit of a large group of persons, e.g. schools and reservoirs, and the purchase of the service or benefit may be made by a group other than the users. These are the social-type goods discussed in Chapter 6.
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The Demand for Housing: A Study in Specification and Grouping
Econometrica, 1977The low estimates of the income elasticity of housing demand obtained when individual households are the unit of observation are theoretically reconciled with the high estimates obtained when metropolitan-wide averages are used. The omission of the housing price term biases the ungrouped (whether stratified by metropolitan areas or not) estimate(s ...
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Journal of Urban Economics, 1985
Abstract William Alonso's model of the demand for housing and location in the monocentric city is one of two pre-eminent models of its type. The purpose of this article is to provide the detailed analysis and the comparative statics of the Alonso model.
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Abstract William Alonso's model of the demand for housing and location in the monocentric city is one of two pre-eminent models of its type. The purpose of this article is to provide the detailed analysis and the comparative statics of the Alonso model.
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2019
In this chapter, the author examines whether there was an excess demand for housing after the Great East Japan Earthquake and Tsunami. In other words, this chapter investigates the possibility of using the housing market data as one of the proxies for socio-economic recovery activity indicators (RQ1b). As described in Chap.
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In this chapter, the author examines whether there was an excess demand for housing after the Great East Japan Earthquake and Tsunami. In other words, this chapter investigates the possibility of using the housing market data as one of the proxies for socio-economic recovery activity indicators (RQ1b). As described in Chap.
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Southern Economic Journal, 1979
It is gratifying to find that one's work has not gone unread but has motivated others to work on the same problem and offer improvements. As it happens, however, the study by Erekson and Witte [1] differs from my own [2] in one critical procedure, and it is this, I believe, which introduces bias to their seemingly unrelated regression (SUR) results ...
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It is gratifying to find that one's work has not gone unread but has motivated others to work on the same problem and offer improvements. As it happens, however, the study by Erekson and Witte [1] differs from my own [2] in one critical procedure, and it is this, I believe, which introduces bias to their seemingly unrelated regression (SUR) results ...
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