The Property-Price Effects of Abating Nutrient Pollutants in Urban Housing Markets

2011 ◽  
pp. 127-145 ◽  
Author(s):  
Patrick Walsh ◽  
J Milon ◽  
David Scrogin
Keyword(s):  
Housing Markets ◽  
Urban Housing ◽  
Price Effects ◽  
Property Price

scholarly journals Housing wealth, mortgages and Australians’ labour force participation in later life

Urban Studies ◽  
2021 ◽  
pp. 004209802110265
Author(s):  
Rachel Ong ◽  
Gavin A Wood ◽  
Melek Cigdem
Keyword(s):  
Household Income ◽  
House Prices ◽  
Labour Force ◽  
Housing Markets ◽  
Later Life ◽  
Labour Force Participation ◽  
Urban Housing ◽  
Housing Wealth ◽  
Working Lives ◽  
Imputed Rent

In the life cycle model of consumption and saving, homeownership is an important vehicle for horizontal redistribution. Households accumulate wealth in owner-occupied housing during working lives before benefiting from imputed rent streams in retirement. But in some countries housing wealth’s welfare role has broadened as owners increasingly use flexible mortgages to smooth consumption during working lives. One consequence is higher outstanding mortgages later in life, a burden exacerbated by high real house prices that compel home buyers to demand mortgages that are a growing multiple of their incomes. We investigate whether these developments are prompting longer working lives, an idea that is especially relevant in countries offering relatively low government pensions. Australia is one such country. We use the 2001–2017 panels of the Household, Income and Labour Dynamics in Australia Survey to estimate hazard models of exits from the Australian labour force as workers approach pensionable age. We find that those with high outstanding mortgage debts are more likely to postpone retirement, as are those with relatively low amounts of private pension wealth. These results are stronger in urban housing markets, and especially among males.

Social Accounts and Planning for Changes in Urban Housing Markets

1978 ◽  
Vol 10 (3) ◽  
pp. 247-266 ◽  
Author(s):  
J W Byler ◽  
S Gale
Keyword(s):  
Housing Market ◽  
Stochastic Models ◽  
Housing Markets ◽  
Urban Housing ◽  
Dwelling Unit ◽  
Urban Populations ◽  
Social Accounts ◽  
Dynamic Matching ◽  
Matching Process ◽  
Occupancy Patterns

A conception of the housing market as a lagged, dynamic matching process is presented as an alternative to the conventional microeconomic formulation. Various components of changes in occupancy patterns are identified, in a general multidimensional accounting framework, as a means for the structuring of observations of household and dwelling-unit characteristics of urban populations. Parameters for several stochastic models of housing-market phenomena are derived from the account-based representation. Finally, potential planning applications of these accounting frameworks are explored together with conditions for their adoption.

Barriers to accessing mortgages in Nigeria’s housing markets

2018 ◽  
Vol 11 (4) ◽  
pp. 716-733
Author(s):  
Chukwuma C. Nwuba ◽  
Eunice Oluwakemi Chukwuma-Nwuba
Keyword(s):  
Interest Rates ◽  
Housing Markets ◽  
Urban Housing ◽  
Mortgage Lending ◽  
Mortgage Market ◽  
Market Reforms ◽  
Social Implication ◽  
Cross Sectional Survey ◽  
Cross Sectional ◽  
Content Type

PurposeThe purpose of this study is to investigate barriers to accessing mortgages in Nigeria’s urban housing markets with the main focus on Kaduna State. The objective was to establish the diverse factors that constitute barriers to urban households’ access to mortgages for homeownership from the perceptions of households, mortgage lenders and the Federal Mortgage Bank of Nigeria.Design/methodology/approachThe study used cross-sectional survey with triangulation of results. To enable the triangulation, three new samples were developed from 450 surveys with households and 10 completed by lenders, both in Kaduna State and one survey undertaken by the Federal Mortgage Bank of Nigeria. Data were collected with questionnaires designed on five-point Likert model. Data analysis utilized descriptive statistics and one-samplet-test. Triangulation enabled cross-validation of the results.FindingsThe barriers include low incomes and savings which constrain households’ ability to pay mortgage instalments and deposits, respectively, high interest rates, poor access to land, inability of potential borrowers to provide certificates of occupancy on their land, inadequate loanable funds and inadequate number of mortgage lending institutions.Practical implicationsThe study has the potential to provide a basis for mortgage market reforms. Mortgage market reforms should be encompassing because it requires action in some other sectors.Social implicationsThe social implication of the study is the possibility of motivating actions to deal with the diverse barriers to accessing mortgages which have constituted deterrents to households from realizing their homeownership aspirations and enjoying the benefits of homeownership and consequently contributing to inadequate housing and poor living conditions.Originality/valueThe study provides distinctive insight into Nigeria’s mortgage market by integrating the views of various stakeholders on a subject of social and economic significance. It contributes to the evidence-base around mortgage market reforms in Nigeria.

scholarly journals Property price effects of green interventions in cities: A meta-analysis and implications for gentrification

2020 ◽  
Vol 112 ◽  
pp. 293-304 ◽  
Author(s):  
M. Bockarjova ◽  
W.J.W. Botzen ◽  
M.H. van Schie ◽  
M.J. Koetse
Keyword(s):  
Meta Analysis ◽  
Price Effects ◽  
Property Price
Sign in / Sign up

Export Citation Format

Share Document