The purpose of this chapter is to survey recent research on housing markets and policy in what used to be called the "second" and "third" worlds. We adopt the labels "transition" economies to refer to countries as disparate as Russia and Vietnam, and "developing" to refer to countries as disparate as Korea and Singapore (arguably now developed) and countries like Mozambique and Laos. It is ther...

This paper studies the links between housing policies and aggregate energy use in the U.S. I connect two strands of literature on cities–that cities vary in their per capita energy use and in terms of housing supply elasticity–to measure the e↵ects of location choice and housing consumption on aggregate energy use. I build a dynamic spatial equilibrium model of U.S. metropolitan areas, accounti...

This study estimates and interprets the effects of macroeconomic and local housing market conditions on rents and occupancies in different segments of the multifamily rental housing market. The research uses longitudinal data from a nationally representative sample of apartments drawn from the American Housing Survey to determine whether apartments of different quality grades are differentially...

OBJECTIVE Few published community garden studies have focused on low socio-economic youth living in public housing or used a community-based participatory research approach in conjunction with youth-focused community garden programmes. The objective of the present study was to evaluate the feasibility (i.e. demand, acceptability, implementation and limited-effectiveness testing) of a 10-week ex...

This study was designed to investigate personal and social factors associated with demand for care by women aged between 20 and 44 years, a group unlikely to suffer from chronic illness. A random sample of women was drawn from the age-sex register of a south London group practice, and information was obtained concerning their daily symptom perception, anxiety level, social and health characteri...

I develop an equilibrium model of housing and mortgage markets where house prices, mortgage interest rates, and leverage ratios are all determined endogenously. Agents are forward looking and have rational expectations. House prices adjust so that demand from new buyers clears with supply created by existing sellers. Housing demand is affected by the price and availability of contracts in the m...

Providing affordable housing has been a long-standing issue for governments of most countries. In an attempt to address the issue, affordable housing programs have been introduced with the aim of improving household’s access to housing, as well as sustain their wellbeing. This paper reports on a study of the activities of affordable housing program (AHP) in Papua New Guinea (PNG), using Port Mo...

Central questions raised by recent experience are “why do housing prices fluctuate?” and “what should central banks do about it?” For member states of a currency union, such as Spain or Texas, independent monetary policy cannot be conducted, so that it is important to inquire whether fluctuating housing prices make currency union participation undesirable. In this timely paper, Oriol Aspachs-Br...

Estimation of Theoretically Plausible Demand Functions From U. S. Consumer Expenditure Survey Data Lester D. Taylor University of Arizona The purpose of this paper is the application of four popular theoretically plausible consumer demand systems to a common cross-sectional data set that combines expenditure data from the quarterly BLS consumer expenditure surveys with price data that are colle...