This paper documents the extent to which homeowners use housing equity to smooth their consumption over time. Unlike drawing down other forms of saving, accessing accumulated home equity can be quite costly. Theoretically and empirically, a key distinction can be drawn between those refinancing their home mortgage to improve their wealth position from those who had a consumption smoothing motiv...

The study examined the performance of Public-Private Partnership (PPP) option as a veritable means for public housing delivery. aimed at examining effect access to mortgage finance and affordability has on Public - Private in provision, with view modifying achieve desired objective. adopted quantitative approach, data was collected through questionnaire survey from occupants PPP estates, who we...

Abstract Different organizations register alarming poverty rates in Argentina. However, there may be differences who is considered poor according to these measurements and by society, from common sense knowledge. This work analyzes the social representations of people living a sample 605 Argentines, using free-word association technique. The results suggest that person first understood as someo...

In this paper, we intend to identify the characteristics of occurrence of unsold new housing stocks and draw the implications for the housing business strategy that can effectively cope with the market risk under the Korean housing market. As a result of the analysis, most of the theoretical causality of occurrence of unsold new housing stocks under the three-dimensional Korean housing market w...

City-regional discourses around organisational forms offer little evidence to analyse and guide cooperative processes in a context-specific way. Design criteria can contribute overcoming this deficit. This paper operationalises proposed set of design by drawing on the collaborative governance land management. Subsequently, these are used an ongoing process for development housing concept Leipzi...

Higher plants, including spider plants, are able to take up and degrade/detoxify various pollutants in the air. Although nearly 120 plant species have been tested for indoor air phytoremediation, to the best of the authors' knowledge, data on particulate matter (PM) phytoremediation from indoor air are not yet available in literature. This work determined the ability of spider plants to take up...

a r t i c l e i n f o Keywords: Loss aversion Downward housing price rigidity Monetary policy Threshold error correction model Asymmetric adjustment Previous studies have discovered the defensive characteristics of housing prices, which is also known as downward price rigidity. This paper discusses whether this feature would result in an asymmetric relationship between housing prices and moneta...

Unsold new housing stocks may be closely related to housing market fluctuation, especially the difference between housing supply and demand, which is influenced by macroeconomic conditions. These factors simultaneously influence developers’ investment decisions and, thus, housing supply over time. However, previous research on the housing market has focused on explaining the statistical relatio...