Download or read book Income Elasticity of Housing Demand written by John E. Mulford and published by . This book was released on 1979 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: Estimates the long-run "permanent" income elasticity of housing expenditures to be 0.45 for owners and 0.19 for renters using cross-sectional data from the two Housing Assistance Supply Experiment (HASE) sites--Brown County, Wisconsin, and St. Joseph County, Indiana. Results from a constant elasticity model are compared with those from models which allow the elasticity to vary with income--linear, spline, and log-exponential models. The evidence is consistent with either constant or slightly increasing elasticity with income. Estimated elasticities do not vary systematically by household type. The report concludes that the income elasticity of housing expenditures in the HASE sites is low, both absolutely and relative to conventional wisdom and recently published estimates. If the findings are generally correct, pure income transfers will not much affect recipients' housing expenditures.

Download or read book Income Elasticity of Housing Demand written by Rand Corporation and published by . This book was released on 1976 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Income Elasticity of Housing Demand written by Geoffrey Carliner and published by . This book was released on 1972 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Income Elasticity of the Demand for Housing Service written by David Morris Nelson and published by . This book was released on 1975 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Multiple home Ownership and the Income Elasticity of Housing Demand written by Eric S. Belsky and published by . This book was released on 2006 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Permanent Income Instrumental Variable and the Income Elasticity of Housing Demand written by Richard F. Muth and published by . This book was released on 1970 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Permanent Income written by Richard F. Muth and published by . This book was released on 1970 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Application of the Income Elasticity Concept to the Demand for Housing written by Loyce E. Bagwell and published by . This book was released on 1975 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Housing Demand and Community Choice written by Carol Rapaport and published by . This book was released on 1996 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Housing demand reflects the household's simultaneous choice of neighborhood, whether to own or rent the dwelling, and the quantity of housing services demanded. Existing literature emphasizes the final two factors, but overlooks the choice of community. This paper develops an econometric model that incorporates all three components, and then estimates this model using a sample of households in Tampa, Florida. Incorporating community choice increases the price elasticity of demand and reduces the differential between white and comparable nonwhite households. The results are robust to the inclusion of permanent income and taxes"--Abstract.

Download or read book The Income Elasticity of Demand for Housing written by Gustaf Akerman and published by . This book was released on 1957 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Demand for Housing written by Colin Clark and published by . This book was released on 1973 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Housing Market Economics Digital Textbook written by and published by Tutor2u Limited. This book was released on with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Demand for Housing Emphasizing the Probability of Purchase written by E. James Jennings and published by . This book was released on 1981 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Housing Markets in the United States and Japan written by Yukio Noguchi and published by University of Chicago Press. This book was released on 2007-12-01 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although Japan and the United States are the world's leading economies, there are significant differences in the ways their wealth is translated into living standards. A careful comparison of housing markets illustrates not only how living standards in the two countries differ, but also reveals much about saving patterns and how they affect wealth accumulation. In this volume, ten essays discuss the evolution of housing prices, housing markets and personal savings, housing finance, commuting, and the impact of public policy on housing markets. The studies reveal surprising differences in housing investment in the two countries. For example, because down payments in Japan are much higher than in the United States, Japanese tend to delay home purchases relative to their American counterparts. In the United States, the advent of home equity credit may have reduced private saving overall. This book is the first comparison of housing markets in Japan and the United States, and its findings illuminate the effects of housing markets on productivity growth, business investment, and trade.

Download or read book An Intertemporal Model of Housing Demand written by David Edwin Harrington and published by . This book was released on 1984 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Cross Section Analysis of the Income Elasticity of Housing Demand in Spain written by Daniel Fernández-Kranz and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Much attention has been given to claims that real estate prices in Spain are overvalued in relation to income and how plummeting house prices can jeopardize the economy (The Economist, 2003 and IMF, 2004). The measure of income elasticity on housing expenditure is often of considerable interest to applied researchers and policy makers in real estate economics, but the problem of omitted variables in some estimation techniques can lead to severe biases. In this paper we estimate the income elasticity of the demand for housing in Spain based on the cross-section of prices and income in fifty Spanish provinces from 1996 to 2002. In comparison to long-run equilibrium models fitted with time-series data, our results show a much weaker role of income growth as a vehicle for house price increases in the long-run. According to our estimates, the rate of growth of house prices in Spain between 1998 and 2003 points to a real estate bubble with prices above the long-term equilibrium level.

Download or read book Housing Economics and Public Policy written by Ray Robinson and published by Springer. This book was released on 1979-04-25 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: