OBJECTIVES Economic security around retirement age may be an important determinant of psychological and cognitive well-being of older adults. This study examines the impact of the dramatic increase in housing prices from the mid-1990s to the mid-2000s on psychological and cognitive outcomes among Americans born between 1924 and 1960. METHOD Our quasi-experimental empirical strategy exploits g...

This technical paper lays out the methodology used to develop a hedonic price model to measure price trends around The 606, a newly established linear park system on the northwest side of Chicago. Two pricing models were required to understand how the housing market responded to the development of the trail. First, in order to analyze the project’s impact by time and geographical area, the Inst...

Intraurban land-use change and factors affecting it are critical subjects in land-use planning. If unplanned, such changes can reduce the quality of life and spatial justice and ultimately lead to urban unsustainability. This paper aims to identify factors influencing unsustainable land-use change and analyze the intensity of such changes based on those factors. The artificial neural network an...

The database presented here was collected by Antoniucci and Marella to analyze the correlation between the housing price gradient and the immigrant population in Italy during 2016. It may also be useful in other statistical analyses, be they on the real estate market or in another branches of social science. The data sample relates to 112 Italian provincial capitals. It provides accurate inform...

Housing markets play a crucial role in economies and the collapse of a real-estate bubble usually destabilizes the financial system and causes economic recessions. We investigate the systemic risk and spatiotemporal dynamics of the US housing market (1975-2011) at the state level based on the Random Matrix Theory (RMT). We identify richer economic information in the largest eigenvalues deviatin...

Macro economists have documented the association between consumer confidence dynamics and durables purchases. A similar dynamic exists in China’s urban housing market. At any point in time Chinese consumer confidence hinges on beliefs about the state of the macro economy and the resolution of policy uncertainty related to the national and local housing policies. We build a 35 Chinese city real ...

The model of housing market is due to Shapley and Scarf (1974). Their paper contains the celebrated result stating that each housing market admits an economic equilibrium. However, in a slight modification of this model which admits duplicate houses the existence of equilibrium is no longer ensured. In this paper we study the computational complexity of the deficiency problem for housing market...

The Special Rapporteur on adequate housing as a component of the right to an adequate standard of living, and on the right to non-discrimination in this context, undertook an official visit to Croatia from 5 to 13 July 2010 to examine the realization of the right to adequate housing in the country and the achievements and difficulties encountered in its fulfilment, in particular in relation to ...

Due to a high vacancy rate of residential homes, housing prices remain sticky in most urban areas of China, which causes higher searching and bargaining costs. With an inefficient outcome, deadweight loss and market failure arises. To assess the Chinese government’s housing policies in 2010, we develop a dynamic equilibrium model, in which we demonstrate how the sticky price results in market f...

JEL classification: R21 R31 Construction quality is a major problem in China's housing market. We investigate whether the housing market could provide incentives to encourage developers to promote construction quality beyond the compulsory, minimum standards by testing the financial viability of efforts made in this field by developers. This study takes place in the city of Beijing, where the “...