Measuring and Explaining House Price Developments - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Measuring and Explaining House Price Developments write by Paul de Vries. This book was released on 2010. Measuring and Explaining House Price Developments available in PDF, EPUB and Kindle. This study discusses ways of measuring and explaining the development of house prices. The goal of the research underpinning this dissertation was to develop a methodological framework for studying these developments. This framework relates, first, to correcting for changes in the composition of dwellings and, second, to the fundamentals of the price development. Using the weighted repeat sales method and sale price appraisal ratio (SPAR) method, house price indexes were developed for the Netherlands. Both the Dutch land registry office and Statistics Netherlands publish the SPAR based house price index monthly. To explain and predict changes in prices, a house price model is presented. As suggested in literature on western housing markets, the Dutch house price developments can be explained by demand-oriented short-run term variables and a long-run term variable.
Innovation Development for Highly Energy-efficient Housing
Innovation Development for Highly Energy-efficient Housing - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Innovation Development for Highly Energy-efficient Housing write by Erwin Mlecnik. This book was released on 2013. Innovation Development for Highly Energy-efficient Housing available in PDF, EPUB and Kindle. In previous years we have seen a recognition of the significant potential that exists for reducing energy use through innovation in residential buildings. This study investigates innovation challenges and identifies opportunities that could lead to a rapid increase in the adoption of highly energy-efficient housing concepts, particularly that of the passive house. To this end, it exemplifies, interprets and develops the innovation adoption theory through an investigation of views and experiences on the supply side, the demand side and the policy side. It highlights successful innovation trajectories and barriers experienced by businesses. It addresses both problems and positive experiences from the perspective of the end user and investigates different policy approaches. As such, the research reveals important features of innovation-adoption strategies in the building sector. It shows how multi-player enterprise collaboration plays a key role, and the study also recommends the development of quality assurance schemes. It makes a valuable contribution to discussions about how active the role of government policymakers and enterprise networks should be.
Measuring the Importance of Location in House Price Appreciation
Measuring the Importance of Location in House Price Appreciation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Measuring the Importance of Location in House Price Appreciation write by Wayne R. Archer. This book was released on 1998. Measuring the Importance of Location in House Price Appreciation available in PDF, EPUB and Kindle. This paper examines the variation in the rates of house price appreciation within an individual metropolitan market. A methodology is developed to examine the locational variation in house price changes in Dade County (Miami) Florida, from 1971 to 1992. House price appreciation appears to be somewhat spatially related; that is, it varies by municipality, with distance from the CBD, with local changes in population and housing units and by ethnic mix. However, these relationships have minimal explanatory power. Controlling for the census tract group location of each home explains only around 12 percent of the (residual) variation in the appreciation of individual homes that is not explained by metropolitan-wide changes in house prices. The effect of tract group location appears to be dominated by the idiosyncratic influences of individual homes and their immediate environments.
Price Expectations and the U.S. Housing Boom
Price Expectations and the U.S. Housing Boom - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Price Expectations and the U.S. Housing Boom write by Pascal Towbin. This book was released on 2015-07-30. Price Expectations and the U.S. Housing Boom available in PDF, EPUB and Kindle. Between 1996 and 2006 the U.S. has experienced an unprecedented boom in house prices. As it has proven to be difficult to explain the large price increase by observable fundamentals, many observers have emphasized the role of speculation, i.e. expectations about future price developments. The argument is, however, often indirect: speculation is treated as a deviation from a benchmark. The present paper aims to identify house price expectation shocks directly. To that purpose, we estimate a VAR model for the U.S. and use sign restrictions to identify house price expectation, housing supply, housing demand, and mortgage rate shocks. House price expectation shocks are the most important driver of the boom and account for about 30 percent of the real house price increase. We also construct a model-based measure of exogenous changes in price expectations and show that this measure leads a survey-based measure of changes in house price expectations. Our main identification scheme leaves open whether expectation shifts are realistic or unrealistic. In extensions, we provide evidence that price expectation shifts during the boom were primarily unrealistic and were only marginally affected by realistic expectations about future fundamentals.
Old-Age Provision and Homeownership – Fiscal Incentives and Other Public Policy Options
Old-Age Provision and Homeownership – Fiscal Incentives and Other Public Policy Options - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Old-Age Provision and Homeownership – Fiscal Incentives and Other Public Policy Options write by Martina Eckardt. This book was released on 2018-05-10. Old-Age Provision and Homeownership – Fiscal Incentives and Other Public Policy Options available in PDF, EPUB and Kindle. In light of demographic change and the growing problems of traditional old-age security systems, this book discusses two essential instruments in connection with privately providing for old-age security: (1) savings in private pension schemes and (2) building up equity for home-ownership. Further, it assesses the relationship between the two instruments and offers a unique overview of the latest market developments. In order to represent the profound differences between the individual member states of the EU, this book features six country-specific studies – covering Germany, Hungary, Ireland, Italy, the Netherlands and the United Kingdom – that provide detailed insights into the complexity of local private pension schemes, mortgage markets, and housing markets. Lastly, the book discusses public policies and fiscal incentives intended to better integrate residential property with private pensions. It will appeal to both, private households seeking to build up old-age security, as well as policy makers interested in providing secure pension schemes.
