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 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 Housing Economics written by George Fallis and published by Butterworth-Heinemann. This book was released on 2014-05-12 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Housing Economics provides information pertinent to the fundamental aspects of housing economics. This book discusses the economic theory of how households make housing choices, how suppliers make decisions, and how changes in exogenous variables alter the market outcome. Organized into 10 chapters, this book begins with an overview of the nature of housing economics and explains why the standard microeconomic models need to be modified. This text then examines the demand side of the housing market. Other chapters provide an economic analysis of the supply side of the housing market. This book discusses as well the housing market models as they arise in a more macroeconomic context. The final chapter deals with the effects of different housing programs on consumers, producers, and the market equilibrium. This book is a valuable resource for undergraduate students of economics. Planners, urban geographers, policy analysts, and civil servants will also find this book useful.
Download or read book Income Elasticity of Housing Demand written by Geoffrey Carliner and published by . This book was released on 1973 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fundamental and Speculative Demands for Housing written by Weicheng Lian and published by International Monetary Fund. This book was released on 2019-03-19 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper separates the roles of demand for housing services and belief about future house prices in a house price cycle, by utilizing a feature of user-cost-of-housing that it is sensitive to demand for housing services only. Optimality conditions of producing housing services determine user-cost-of-housing and the elasticity of substitution between land and structures in producing housing services. I find that the impact of demand for housing services on house prices is amplified by a small elasticity of substitution, and demand explained four fifths of the U.S. house price boom in the 2000s.
Download or read book Policy Studies Review Annual written by Stuart S. Nagel and published by Transaction Publishers. This book was released on 1977-08-01 with total page 712 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 Rental Choice and Housing Policy Realignment in Transition written by Hans-Joachim Dübel and published by World Bank Publications. This book was released on 2006 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: Massive privatizations of housing in Europe and Central Asia transition countries have significantly reduced rental tenure choice, threatening to impede residential mobility. Policymakers are intensifying their search for adequate policy responses aimed at broadening tenure choice for more household categories through effective rental housing alternatives in the social and private sectors. While the social alternative requires substantial and well-balanced subsidies, the private alternative will not grow unless rent, management, and tax reforms are boldly implemented and housing privatization truly completed.
Download or read book Housing in the Seventies written by and published by . This book was released on 1976 with total page 836 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economics of Housing Vouchers written by Joseph H. Friedman and published by Academic Press. This book was released on 2014-05-10 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Housing Vouchers is a seven-chapter text that examines the housing choices of low-income families in two metropolitan areas, namely, Phoenix and Pittsburgh. Some of these households are offered a novel kind of housing subsidy, including a housing allowance or housing voucher, in an experimental framework designed to test this approach to demand-side housing assistance. Chapter 1 presents an overview of U.S. housing programs and the dimensions of the U.S. housing problem. Chapter 2 provides a simple microeconomic model that conceptualizes household behavior, as well as a summary of some of the extant evidence on housing demand. This chapter also estimates the housing demand models for the low-income population in the Demand Experiment, using housing expenditures to measure housing. Chapter 3 applies a hedonic index of housing services that abstracts from particular characteristics of the household or landlord that may affect rent and attempts to measure housing in a more objective manner. Chapter 4 describes a model of household behavior that leads to the methodology for estimating experimental effects. Chapter 5 repeats the analysis for Minimum Rent households, while Chapter 6 examines the effect of both kinds of Housing Gap allowance payment on the consumption of housing services. Lastly, Chapter 7 focuses on the implications of the experimental findings for housing policy. This chapter compares a housing allowance strategy with two other approaches, namely, a pure income-transfer approach and a construction-oriented approach. This book is of value to workers in housing policy, including economists, regional and other social scientists in academia, housing analysts, the Congress, housing lobby groups, and state and local government housing officials.
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 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 Variations in the Income Elasticity of the Residential Property Tax Base written by Terri Ann Erickson and published by . This book was released on 1981 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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:
Download or read book Housing in the Seventies written by United States. Department of Housing and Urban Development and published by . This book was released on 1976 with total page 836 pages. Available in PDF, EPUB and Kindle. Book excerpt:
