Modelling Spatial Housing Markets - 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 Modelling Spatial Housing Markets write by Geoffrey Meen. This book was released on 2012-12-06. Modelling Spatial Housing Markets available in PDF, EPUB and Kindle. Spatial fixity is one of the characteristics that distinguishes housing from most other goods and services in the economy. In general, housing cannot be moved from one part of the country to another in response to shortages or excesses in particular areas. The modelling of housing markets and the interlinkages between markets at different spatial levels - international, national, regional and urban - are the main themes of this book. A second major theme is disaggregation, not only in terms of space, but also between households. The book argues that aggregate time-series models of housing markets of the type widely used in Britain and also in other countries in the past have become less relevant in a world of increasing income dispersion. Typically, aggregate relationships will break down, except under special conditions. We can no longer assume that traditional location or tenure patterns, for example, will continue in the future. The book has four main components. First, it discusses trends in housing markets both internationally and within nations. Second, the book develops theoretical housing models at each spatial scale, starting with national models, moving down to the regional level and, then, to urban models. Third, the book provides empirical estimates of the models and, finally, the models are used for policy analysis. Analysis ranges over a wide variety of topics, including explanations for differing international house price trends, the causes of housing cycles, the role of credit markets, regional housing market interactions and the role of housing in urban/suburban population drift.
Modelling Housing Market Search
Modelling Housing Market Search - 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 Modelling Housing Market Search write by William A. V. Clark. This book was released on 2021-12-01. Modelling Housing Market Search available in PDF, EPUB and Kindle. Originally published in 1982, this book contains research in the area of econometric modelling in the housing market, including that which has extended to the use of search models. The subjects covered include the importance of racial differences, spatial aspects of residential search and information provision and its effect on the behaviour of the buyers. The combination of careful analytic modelling, empirical testing and speculative discussions of the role of agents in the search process provides an innovative and imaginative approach to the interesting problems of understanding the individual behaviour in complex contexts such as the urban housing market.
Modeling Spatial and Temporal House Price Patterns
Modeling Spatial and Temporal House Price Patterns - 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 Modeling Spatial and Temporal House Price Patterns write by Mauricio Rodriguez. This book was released on 2004. Modeling Spatial and Temporal House Price Patterns available in PDF, EPUB and Kindle. This research reports results from a competition on modeling spatial and temporal components of house prices. A large, well-documented database was prepared and made available to anyone wishing to join the competition. To prevent data snooping, out-of-sample observations were withheld; they were deposited with one individual who did not enter the competition, but had the responsibility of calculating out-of-sample statistics for results submitted by the others. The competition turned into a cooperative effort, resulting in enhancements to previous methods including: a localized version of Dubin's kriging model, a kriging version of Clapp's local regression model, and a local application of Case's earlier work on dividing a geographic housing market into districts. The results indicate the importance of nearest neighbor transactions for out-of-sample predictions: spatial trend analysis and census tract variables do not perform nearly as well as neighboring residuals.
The Microstructures of Housing Markets
The Microstructures of Housing Markets - 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 The Microstructures of Housing Markets write by Susan J. Smith. This book was released on 2013-10-31. The Microstructures of Housing Markets available in PDF, EPUB and Kindle. House prices and mortgage debt have moved to centre stage in the management of national economies, regional development and neighbourhood change. Describing, analysing and understanding how housing markets work within and across these scales of economy and society has never been more urgent. But much more is known about the macro-scales than the microstructures; and about the economic rather than social drivers of housing market dynamics. This book redresses the balance. It shows that housing markets are social, cultural and psychological – as well as economic – affairs. This multidisciplinary approach is helpful in understanding the economic staples of supply, demand, price and information. It also casts new light on the emotional and political economy of markets.
The Routledge Handbook of Housing Economics
The Routledge Handbook of Housing Economics - 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 The Routledge Handbook of Housing Economics write by Kenneth Gibb. This book was released on 2024-02-29. The Routledge Handbook of Housing Economics available in PDF, EPUB and Kindle. The Routledge Handbook of Housing Economics brings together an international panel of contributors to present a comprehensive overview of this important field within economics. Housing occupies an increasingly central role in modern society, dominating consumer assets and spending, forming an important part of social policy and being a large enough market to impact the macroeconomy. This handbook tackles these themes, along with other critical issues such as intergenerational housing inequality and the efficiency and social justice of housing interventions. This volume is structured in four main parts. It starts with eight chapters in microeconomics and housing. This is followed by two shorter sections on macroeconomics and finance. The final main part of the book is concerned with eight chapters on policy dimensions. While many of the chapters are rooted in mainstream economics and finance applied to housing, there are also chapters stressing institutional, behavioural and political economy orientations, as well as those that explicitly challenge more mainstream accounts. The contributing authors are based in Europe, North America and Australia and all draw in international literature to provide state of the art reviews of their topics. This carefully curated handbook will be essential reading for advanced students, researchers and policy makers in housing economics, urban economics, urban planning, public economics and real estate economics and finance. Chapter 22 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.
