I use geographic variation in bank lending to study how bank real estate losses impacted the supply of credit and employment during the Great Recession. Banks exposed to distressed housing markets cut mortgage and small business lending relative to other banks in the same county. This lending contraction had real effects, as counties whose banks were exposed to adverse shocks in other markets s...

The key issue in this paper is the appropriateness and equity of land-use planning mechanisms, and any associated cross-subsidization, as a means of enhancing the supply of affordable housing. The paper will examine the principles of ‘affordable housing through planning’ in England and it will comment on ‘inclusionary zoning’ as a means to promote affordable housing in the USA. The ways in whic...

In recent years, China's commodity housing prices is soaring highly, especially in large cities such as Shanghai. To research the factors affecting Shanghai housing prices, screening variables by the supply and demand perspective, making the variable linear regression by gradually removing the variable method, the results showed that: In the Shanghai-specific context, lending rates and GDP impa...

Housing supply plays an important role in the Volatility of macroeconomic cycles and the speed with wl-iich house prices respond to changes in demand, yet it is understudied in the current literature. In this paper we present and estimate a new model of the supply of residential construction that is consistent with the theoretical treatment of land deveiopment and urban growth. The model shows ...

Widening gap in housing need and housing supply to the populace has led to an apparent housing crisis in Nigerian urban centres. Various studies concluded that an acquisition of indigenous building materials is the way out of the housing crisis. The National Housing Policy in Nigeria has recognized earth in form of Compressed Stabilized Laterite Bricks (CSLBs) as one of the abundant indigenous ...

Abstract Credit supply expansion boosts housing speculation and amplifies the cycle. The surge in private-label mortgage securitization 2003 fueled a large credit by lenders financed with noncore deposits. Areas more exposed to these experienced relative rise transaction volume driven small group of speculators, areas simultaneously witnessed an amplified boom bust. Consistent importance belief...