p olicy makers in housing sector seeks to use instruments by which they can control volatility of housing price and prevent high disturbances of the bubble and price shocks, or at least, reduce them. in the portfolio and speculation theories, it is emphasized that speculative demand for housing is the main cause of shocks and price volatilities in the sector. the theory of housing price bubble ...

[naeini1]  housing is the third top factor in human life, after food and clothing in all communities. many variables are involved in determining housing prices and it is impossible to ignore housing feedback. one of the powerful tools to determine the impact of policies in this field is using system dynamics approach. according to this approach, the cause-and- effect diagram of factors affectin...

There has been considerable debate in recent years regarding the role of behavioral factors in determining housing prices. The question of whether psychology matters in the housing market has been settled long ago: the answer is yes. Rather, economists are now debating in what ways psychology impacts market behavior and how large an effect this impact has on housing prices. One oft-cited exampl...

Adequate shelter has always been one of man’s basic needs; it is a significant component for human survival and a useful barometer for gauging societal development. As a unit of the environment, it has a profound influence on the health, efficiency, social behavior, satisfaction, productivity, and general wellbeing of the individual and the entire community. However, one of the critical challen...

Accessibility is one of the major determinants of housing price. To model housing price, many urban researchers have adopted the method of hedonic analysis. The main question addressed in this paper is: Are the existing hedonic price models adequate in capturing the effect of accessibility? In most of these models, accessibility is represented by rather simplistic measures, such as "distance-to...

Nigeria has had several housing programmes and policies geared towards the provision of housing her citizens since colonial era to the post-colonial period. The Nigerian Government had always been directly involved in the provision of housing for the public servants and with the advent of the public-private partnership initiative, the low-income public servants’ acceptability of this new housin...

In 1871 an Act was passed by the Bengal Legislature regulating lodging-houses at Puri; it was expected that 3.168 houses would be licensed under the Act, but it appears that only 497 houses have up to this time been licensed, accommodating 14,463 of the 45.000 pilgrims sometimes assembled together at Puri. The Englishman argues, that, as the Government has lately ordered any tea-garden in which...