Supplemental Material for Local Housing Market Dynamics Predict Rapid Shifts in Cultural Openness: A 9-Year Study Across 199 Cities

2021 ◽  
Keyword(s):  
Housing Market ◽  
Market Dynamics ◽  
Cultural Openness

Local housing market dynamics predict rapid shifts in cultural openness: A 9-year study across 199 cities.

2021 ◽  
Vol 76 (6) ◽  
pp. 947-961
Author(s):  
Friedrich M. Götz ◽  
Tobias Ebert ◽  
Samuel D. Gosling ◽  
Martin Obschonka ◽  
Jeff Potter ◽  
...  
Keyword(s):  
Housing Market ◽  
Market Dynamics ◽  
Cultural Openness

scholarly journals Speculative housing markets and rent control: insights from nonlinear economic dynamics

2021 ◽  
Author(s):  
Noemi Schmitt ◽  
Frank Westerhoff
Keyword(s):  
Housing Market ◽  
Housing Stock ◽  
House Price ◽  
Housing Markets ◽  
Market Model ◽  
Market Dynamics ◽  
Rent Control ◽  
Forecasting Accuracy ◽  
Expectation Formation ◽  
Rent Level

AbstractWe propose a novel housing market model to explore the effectiveness of rent control. Our model reveals that the expectation formation and learning behavior of boundedly rational homebuyers, switching between extrapolative and regressive expectation rules subject to their past forecasting accuracy, may create endogenous housing market dynamics. We show that policymakers may use rent control to reduce the rent level, although such policies may have undesirable effects on the house price and the housing stock. However, we are also able to prove that well-designed rent control may help policymakers to stabilize housing market dynamics, even without creating housing market distortions.

scholarly journals Agglomeration effects and housing market dynamics

2021 ◽  
Author(s):  
Christian Nygaard ◽  
Sharon Parkinson ◽  
margaret reynolds
Keyword(s):  
Housing Market ◽  
House Prices ◽  
Market Dynamics ◽  
Agglomeration Effects

This research quantifies productivity-related agglomeration benefits arising from the concentration of employment in Australia. While agglomeration provides a policy rationale for densifying cities and concentrating employment, it also leads to higher house prices, which reduce entry and ongoing affordability, greater pollution and other wellbeing detriments such as crime, crowding and noise.

Housing market dynamics: Evidence of mean reversion and downward rigidity

2009 ◽  
Vol 18 (3) ◽  
pp. 256-266 ◽  
Author(s):  
Andre Gao ◽  
Zhenguo Lin ◽  
Carrie Fangzhou Na
Keyword(s):  
Housing Market ◽  
Mean Reversion ◽  
Market Dynamics
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