Listing Behaviors and Housing Market Outcomes

2011 ◽  
Author(s):  
Grace Wong Bucchianeri ◽  
Julia A. Minson
Keyword(s):  
Housing Market ◽  
Market Outcomes

scholarly journals Market thickness and the impact of unemployment on housing market outcomes

2018 ◽  
Vol 98 ◽  
pp. 27-49 ◽  
Author(s):  
Li Gan ◽  
Pengfei Wang ◽  
Qinghua Zhang
Keyword(s):  
Housing Market ◽  
Market Outcomes ◽  
The Impact

scholarly journals Housing, Finance, Policy and the Wider Economy

2017 ◽  
Vol 7 (2) ◽  
pp. 45 ◽  
Author(s):  
Sabine Winkler
Keyword(s):  
Housing Market ◽  
Complex Dynamics ◽  
Housing Finance ◽  
Empirical Literature ◽  
Future Research ◽  
Market Regulation ◽  
Institutional Reforms ◽  
Market Outcomes ◽  
Policy Makers ◽  
Finance Policy

Building an understanding of the complex dynamics between housing, finance, policy and the wider economy is a critical step towards the development of a strategy that permits policy makers to leverage resources and enable the housing market to function better in the pursuit of economic, financial and social objectives. Powerful real, legislative and financial circuits suggest that an enabling strategy for housing can support societal progress and wellbeing. By summarizing the key findings in the existing theoretical and empirical literature, this study helps to explain the complex interrelations between housing, finance, policy and the wider economy by using a simple model; it also deals with housing-related policies and their effects, examines the rational for housing market regulation, investigates whether housing market corrections threaten financial and macroeconomic stability, and asks whether policies are efficacious at controlling housing market outcomes. The important takeaways from this study are: (i) policy setting should be evidence-based, which necessitates further efforts to address existing data deficiencies; (ii) finance trends are in flux and policy effects can be asymmetric, which necessitates regular and critical housing market reviews to identify misallocation, dislocation and reform needs; (iii) improvement in the functioning of the housing market requires a coordinating authority that takes steps to reconcile the various housing market stakeholders’ mutually incompatible interests and arrange for concerted policy and institutional reforms. The study closes with an outlook on future research.

MLS Information Sharing Intensity and Housing Market Outcomes

2017 ◽  
Vol 57 (2) ◽  
pp. 297-313 ◽  
Author(s):  
Marcus T. Allen ◽  
William H. Dare ◽  
Lingxiao Li
Keyword(s):  
Housing Market ◽  
Information Sharing ◽  
Market Outcomes

scholarly journals The Interaction between Race and Nativity on the Housing Market: Homeownership and House Value of Black Immigrants in the United States

2016 ◽  
Vol 50 (4) ◽  
pp. 1005-1045 ◽  
Author(s):  
Rebbeca Tesfai
Keyword(s):  
Housing Market ◽  
The United States ◽  
Ethnic Community ◽  
Black Immigrants ◽  
Market Outcomes ◽  
Racial Stratification ◽  
Ethnic Capital ◽  
Community Capital ◽  
The Us ◽  
House Value

There is extensive research investigating race and nativity disparities in the US housing market, but little focuses on the group representing the intersection of the two literatures. This study investigates whether black immigrants are disadvantaged due to racial stratification or are able to leverage human or ethnic capital into positive housing market outcomes compared to US-born blacks. I find that racial stratification affects the housing market outcomes of black immigrants. However, high homeownership and house value relative to US-born blacks suggest that immigrants are able to use ethnic community capital to avoid some of the disadvantage experienced by native-born blacks.

Affordable housing policies in a post-COVID aftermath

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mario Andres Fernandez ◽  
Shane L. Martin
Keyword(s):  
New Zealand ◽  
Housing Market ◽  
Affordable Housing ◽  
Target Population ◽  
Design Strategies ◽  
Housing Policies ◽  
Market Outcomes ◽  
Content Type ◽  
Policy Goals ◽  
The Face

Purpose The purpose of this paper is to assess the outcomes of a suite of affordability policies in Auckland, New Zealand, in the face of a post-COVID aftermath. Improving the access to homeownership while preserving the competitive nature of the housing market will remain a critical goal for New Zealand. Design/methodology/approach This paper develops a spatially delineated one-to-one matching model to assess affordable housing policies such as the targeting of houses to target population groups, a shared ownership/equity scheme and the cascading (or release) of the developed affordable houses into the broader market. Findings Results show that a targeting programme with an income threshold set between $120,000 and $150,000 maximises house sales, but a threshold set at $96,000 maximises the number of moderate-income households becoming homeowners. Several parameterisations of the model demonstrate the potential contradictions (or overlaps) between policy goals. Originality/value The contribution of this paper is a deeper understanding of the market outcomes of affordability policies, and inputs to design strategies that balance market efficiency and fairness. Also, this paper shows that stronger integration across governments (central and local) and actors of the housing market.

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