The Inflation of House Prices, Its Extent, Causes, and Consequences

Download The Inflation of House Prices, Its Extent, Causes, and Consequences PDF Online Free

Author :
Publisher : Free Press
ISBN 13 :
Total Pages : 280 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis The Inflation of House Prices, Its Extent, Causes, and Consequences by : Leo Grebler

Download or read book The Inflation of House Prices, Its Extent, Causes, and Consequences written by Leo Grebler and published by Free Press. This book was released on 1979 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:

House Prices and Inflation

Download House Prices and Inflation PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 200 pages
Book Rating : 4.:/5 (5 download)

DOWNLOAD NOW!


Book Synopsis House Prices and Inflation by : John A. Tuccillo

Download or read book House Prices and Inflation written by John A. Tuccillo and published by . This book was released on 1981 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Why Can't You Afford a Home?

Download Why Can't You Afford a Home? PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1509523294
Total Pages : 140 pages
Book Rating : 4.5/5 (95 download)

DOWNLOAD NOW!


Book Synopsis Why Can't You Afford a Home? by : Josh Ryan-Collins

Download or read book Why Can't You Afford a Home? written by Josh Ryan-Collins and published by John Wiley & Sons. This book was released on 2018-11-26 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the Western world, a whole generation is being priced out of the housing market. For millions of people, particularly millennials, the basic goal of acquiring decent, affordable accommodation is a distant dream. Leading economist Josh Ryan-Collins argues that to understand this crisis, we must examine a crucial paradox at the heart of modern capitalism. The interaction of private home ownership and a lightly regulated commercial banking system leads to a feedback cycle. Unlimited credit and money flows into an inherently finite supply of property, which causes rising house prices, declining home ownership, rising inequality and debt, stagnant growth and financial instability. Radical reforms are needed to break the cycle. This engaging and topical book will be essential reading for anyone who wants to understand why they can’t find an affordable home, and what we can do about it.

The Role of House Prices in Regional Inflation Disparities

Download The Role of House Prices in Regional Inflation Disparities PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.3/5 (121 download)

DOWNLOAD NOW!


Book Synopsis The Role of House Prices in Regional Inflation Disparities by : Dinah Maclean

Download or read book The Role of House Prices in Regional Inflation Disparities written by Dinah Maclean and published by . This book was released on 1994 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores in some detail regional disparities in the price of housing. It explores the theoretical reasons why rates of house price inflation are more likely to vary across regions than those of more tradable goods and services. It provides an overview of regional house price inflation disparities in relation to disparities in the general inflation rate. It also considers the role of regional demand shocks. Finally it ascertains the extent to which regional house prices are influenced by both local and national factors.

Real Estate Price Inflation, Monetary Policy, and Expectations in the United States and Japan

Download Real Estate Price Inflation, Monetary Policy, and Expectations in the United States and Japan PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451925557
Total Pages : 50 pages
Book Rating : 4.4/5 (519 download)

DOWNLOAD NOW!


Book Synopsis Real Estate Price Inflation, Monetary Policy, and Expectations in the United States and Japan by : Mr.Garry J. Schinasi

Download or read book Real Estate Price Inflation, Monetary Policy, and Expectations in the United States and Japan written by Mr.Garry J. Schinasi and published by International Monetary Fund. This book was released on 1994-01-01 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the mid- to late 1980s, inflationary pressures were highly concentrated in asset markets in many industrial countries. This paper discusses why this may have occurred and then develops a forward-looking supply and demand model of the real estate market in which equilibrium prices depend on price expectations, monetary conditions, income, returns to alternative assets, and construction costs. In this model, the current equilibrium price is determined by expectations formed in different time periods by consumers and producers. The model and its more generalized dynamic specifications are estimated by maximum-likelihood methods. The empirical results do not reject the view that the relationship between real estate values and monetary policy was altered in 1980s.

Big Capital

Download Big Capital PDF Online Free

Author :
Publisher :
ISBN 13 : 9780141984995
Total Pages : 0 pages
Book Rating : 4.9/5 (849 download)

DOWNLOAD NOW!


Book Synopsis Big Capital by : Anna Minton

Download or read book Big Capital written by Anna Minton and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "London is facing the worst housing crisis in modern times, with knock-on effects for the rest of the UK. Despite the desperate shortage of housing, tens, perhaps hundreds of thousands of affordable homes are being pulled down, replaced by luxury apartments aimed at foreign investors. In this ideological war, housing is no longer considered a public good. Instead, only market solutions are considered - and these respond to the needs of global capital, rather than the needs of ordinary people. In politically uncertain times, the housing crisis has become a key driver creating and fuelling the inequalities of a divided nation. Anna Minton cuts through the complexities, jargon and spin to give a clear-sighted account of how we got into this mess and how we can get out of it."--

House Prices and the Macroeconomy

Download House Prices and the Macroeconomy PDF Online Free

Author :
Publisher : Oxford University Press
ISBN 13 : 9780199204595
Total Pages : 247 pages
Book Rating : 4.2/5 (45 download)

DOWNLOAD NOW!


Book Synopsis House Prices and the Macroeconomy by : Charles Goodhart

Download or read book House Prices and the Macroeconomy written by Charles Goodhart and published by Oxford University Press. This book was released on 2007 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: House price bubbles, and their aftermath, have become a focus of macro-economic policy concern in most developed countries. This book elucidates the two-way relationship between house-price fluctuations and economic fundamentals. Housing has many features which make it distinct from other assets, like equity. Real estate is not only an asset but also a durable consumption good for households, providing shelter and other housing services. As a result, a house is often the largest and most important asset of households and therefore accounts for a major share of household wealth. Similarly a large share of bank assets is tied to housing values. House price fluctuations may, therefore, have a major effect on economic activity and the soundness of the financial system. Following an introductory chapter, the book is structured into three parts. The first demonstrates the importance of house prices as determinants or indicators of inflation and economic activity. The second focuses on the inter-relationships between bank credit extension and housing prices, and how bubbles can lead to financial crises. The third discusses resultant public policy issues, such as whether, and how, to include housing prices in a general inflation index, and how to restrain the housing/bank credit cycle.

Fundamental Drivers of House Prices in Advanced Economies

Download Fundamental Drivers of House Prices in Advanced Economies PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484369122
Total Pages : 24 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis Fundamental Drivers of House Prices in Advanced Economies by : Ms.Nan Geng

Download or read book Fundamental Drivers of House Prices in Advanced Economies written by Ms.Nan Geng and published by International Monetary Fund. This book was released on 2018-07-18 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: House prices in many advanced economies have risen substantially in recent decades. But experience indicates that housing prices can diverge from their long-run equilibrium or sustainable levels, potentially followed by adjustments that impact macroeconomic and financial stability. Therefore there is a need to monitor house prices and assess whether they are sustainable. This paper focuses on fundamentals expected to drive long run trends in house prices, including institutional and structural factors. The scale of potential valuation gaps is gauged on the basis of a cross-country panel analysis of house prices in 20 OECD countries.

Works of Henry George

Download Works of Henry George PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 1032 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!


Book Synopsis Works of Henry George by : Henry George

Download or read book Works of Henry George written by Henry George and published by . This book was released on 1888 with total page 1032 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Wealth of Common Sense

Download A Wealth of Common Sense PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1119024927
Total Pages : 231 pages
Book Rating : 4.1/5 (19 download)

DOWNLOAD NOW!


Book Synopsis A Wealth of Common Sense by : Ben Carlson

Download or read book A Wealth of Common Sense written by Ben Carlson and published by John Wiley & Sons. This book was released on 2015-06-22 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: A simple guide to a smarter strategy for the individual investor A Wealth of Common Sense sheds a refreshing light on investing, and shows you how a simplicity-based framework can lead to better investment decisions. The financial market is a complex system, but that doesn't mean it requires a complex strategy; in fact, this false premise is the driving force behind many investors' market "mistakes." Information is important, but understanding and perspective are the keys to better decision-making. This book describes the proper way to view the markets and your portfolio, and show you the simple strategies that make investing more profitable, less confusing, and less time-consuming. Without the burden of short-term performance benchmarks, individual investors have the advantage of focusing on the long view, and the freedom to construct the kind of portfolio that will serve their investment goals best. This book proves how complex strategies essentially waste these advantages, and provides an alternative game plan for those ready to simplify. Complexity is often used as a mechanism for talking investors into unnecessary purchases, when all most need is a deeper understanding of conventional options. This book explains which issues you actually should pay attention to, and which ones are simply used for an illusion of intelligence and control. Keep up with—or beat—professional money managers Exploit stock market volatility to your utmost advantage Learn where advisors and consultants fit into smart strategy Build a portfolio that makes sense for your particular situation You don't have to outsmart the market if you can simply outperform it. Cut through the confusion and noise and focus on what actually matters. A Wealth of Common Sense clears the air, and gives you the insight you need to become a smarter, more successful investor.

Hot Property

Download Hot Property PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 3030116743
Total Pages : 220 pages
Book Rating : 4.0/5 (31 download)

DOWNLOAD NOW!


Book Synopsis Hot Property by : Rob Nijskens

Download or read book Hot Property written by Rob Nijskens and published by Springer. This book was released on 2019-06-14 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book discusses booming housing markets in cities around the globe, and the resulting challenges for policymakers and central banks. Cities are booming everywhere, leading to a growing demand for urban housing. In many cities this demand is out-pacing supply, which causes house prices to soar and increases the pressure on rental markets. These developments are posing major challenges for policymakers, central banks and other authorities responsible for ensuring financial stability, and economic well-being in general.This volume collects views from high-level policymakers and researchers, providing essential insights into these challenges, their impact on society, the economy and financial stability, and possible policy responses. The respective chapters address issues such as the popularity of cities, the question of a credit-fueled housing bubble, the role of housing supply frictions and potential policy solutions. Given its scope, the book offers a revealing read and valuable guide for everyone involved in practical policymaking for housing markets, mortgage credit and financial stability.

Pragmatic Capitalism

Download Pragmatic Capitalism PDF Online Free

Author :
Publisher : Macmillan
ISBN 13 : 1137279311
Total Pages : 252 pages
Book Rating : 4.1/5 (372 download)

DOWNLOAD NOW!


Book Synopsis Pragmatic Capitalism by : Cullen Roche

Download or read book Pragmatic Capitalism written by Cullen Roche and published by Macmillan. This book was released on 2014-07-08 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the importance of the global economy, and provides insights for getting the most out of investments to achieve financial success.

Boom Bust

Download Boom Bust PDF Online Free

Author :
Publisher : Shepheard-Walwyn
ISBN 13 : 0856833126
Total Pages : 208 pages
Book Rating : 4.8/5 (568 download)

DOWNLOAD NOW!


Book Synopsis Boom Bust by : Fred Harrison

Download or read book Boom Bust written by Fred Harrison and published by Shepheard-Walwyn. This book was released on 2010-01-01 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Not employment or inflation as argued during the Great Depression and years of Reaganomics, the mechanism that drives the business cycle is proven to be the housing and property market in this analysis of the instability of financial markets. The consequences of how neoclassical economics ignores the importance of land are presented in a discussion of the dot-com crash. Agricultural, industrial, and commercial property and the housing market are examined to suggest that policymakers must revise their treatment of land in economic decisions to avoid the next economic crash, predicted for 2010.

Global Liquidity, House Prices, and the Macroeconomy

Download Global Liquidity, House Prices, and the Macroeconomy PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1475550936
Total Pages : 43 pages
Book Rating : 4.4/5 (755 download)

DOWNLOAD NOW!


Book Synopsis Global Liquidity, House Prices, and the Macroeconomy by : Ambrogio Cesa-Bianchi

Download or read book Global Liquidity, House Prices, and the Macroeconomy written by Ambrogio Cesa-Bianchi and published by International Monetary Fund. This book was released on 2015-01-29 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we first compare house price cycles in advanced and emerging economies using a new quarterly house price data set covering the period 1990-2012. We find that house prices in emerging economies grow faster, are more volatile, less persistent and less synchronized across countries than in advanced economies. We also find that they correlate with capital flows more closely than in advanced economies. We then condition the analysis on an exogenous change to a particular component of capital flows. We find that a global liquidity shock, identified by aggregating bank-to-bank cross border flows and by using the external instrumental variable approach of Stock and Watson (2012) and Mertens and Ravn (2013), has a much stronger impact on house prices and consumption in emerging markets than in advanced economies. In our empirical model, holding house prices or the exchange rate constant in response to this shock tends to dampen its effects on consumption in emerging economies.

Why House Price Indexes Differ

Download Why House Price Indexes Differ PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1475593643
Total Pages : 36 pages
Book Rating : 4.4/5 (755 download)

DOWNLOAD NOW!


Book Synopsis Why House Price Indexes Differ by : Mick Silver

Download or read book Why House Price Indexes Differ written by Mick Silver and published by International Monetary Fund. This book was released on 2012-05-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: A key element in the build-up to the global recession and subsequently was the movement in house price indexes (HPIs). These indexes are particularly prone to methodological and coverage differences which can undermine both within-country and cross-country economic analysis. The paper outlines key measurement issues and reports on empirical work using an international panel data set that (i) considers whether differences in HPI measurement matter and, if so, in what way, and (ii) revisits the measurement of global house price inflation and the modeling of the determinants of house price inflation using HPIs corrected for differences in measurement practice.

Monetary Policy and the Housing Bubble

Download Monetary Policy and the Housing Bubble PDF Online Free

Author :
Publisher : DIANE Publishing
ISBN 13 : 1437985297
Total Pages : 64 pages
Book Rating : 4.4/5 (379 download)

DOWNLOAD NOW!


Book Synopsis Monetary Policy and the Housing Bubble by :

Download or read book Monetary Policy and the Housing Bubble written by and published by DIANE Publishing. This book was released on with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Price Expectations and the U.S. Housing Boom

Download Price Expectations and the U.S. Housing Boom PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1513581279
Total Pages : 35 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!


Book Synopsis Price Expectations and the U.S. Housing Boom by : Pascal Towbin

Download or read book Price Expectations and the U.S. Housing Boom written by Pascal Towbin and published by International Monetary Fund. This book was released on 2015-07-30 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 1996 and 2006 the U.S. has experienced an unprecedented boom in house prices. As it has proven to be diffcult to explain the large price increase by observable fundamentals, many observers have emphasized the role of speculation, i.e. expectations about future price developments. The argument is, however, often indirect: speculation is treated as a deviation from a benchmark. The present paper aims to identify house price expectation shocks directly. To that purpose, we estimate a VAR model for the U.S. and use sign restrictions to identify house price expectation, housing supply, housing demand, and mortgage rate shocks. House price expectation shocks are the most important driver of the boom and account for about 30 percent of the real house price increase. We also construct a model-based measure of exogenous changes in price expectations and show that this measure leads a survey-based measure of changes in house price expectations. Our main identification scheme leaves open whether expectation shifts are realistic or unrealistic. In extensions, we provide evidence that price expectation shifts during the boom were primarly unrealistic and were only marginally affected by realistic expectations about future fundamentals.