Housing Markets And Housing Institutions An International Comparison

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Housing Markets and Housing Institutions: An International Comparison

Author : Björn Hårsman
Publisher : Springer Science & Business Media
ISBN 13 : 9401139156
Total Pages : 353 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis Housing Markets and Housing Institutions: An International Comparison by : Björn Hårsman

Download or read book Housing Markets and Housing Institutions: An International Comparison written by Björn Hårsman and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: International comparisons of economic institutions and government poli cies are fraught with difficulties. After1he selective barriers of language and culture are overcome, differences in programs and outcomes are far more subtle than those that can be revealed by highly aggregated national data. Rela tively "soft" comparisons are the norm in international comparative research. This is particularly true in comparative analyses of housing and the operation of housing markets. Housing markets are local or regional in character, and the effects of government programs on market outcomes depend upon important economic characteristics of the local environment. Moreover, the institutions that influence the production, distribution, and consumption of housing differ enormously across nations. The distribution of housing and the role of the market in provision depend upon historical and social factors as well. Aggregate national data are unlikely to allow for much depth in comparisons across societies. Yet in the absence of such comparisons, the very visibility of housing may lead to inadequate or erroneous generalizations. Photographs emphasing the aesthetics of ''well planned" housing agglomorations or urban slums are compelling. Documen tation that middle-class households must wait in a queue for a decade to be housed is notably less graphic.

The Routledge Companion to International Housing Markets

Author : Magnus Andersson
Publisher : Routledge
ISBN 13 : 1000591743
Total Pages : 344 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis The Routledge Companion to International Housing Markets by : Magnus Andersson

Download or read book The Routledge Companion to International Housing Markets written by Magnus Andersson and published by Routledge. This book was released on 2022-06-22 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a lack of international comparative housing studies, possibly because it requires thorough knowledge of the real estate market in question. This book brings together scholars with knowledge of different national markets in order to facilitate comparisons for real estate and housing and urban studies scholars and practitioners. By studying international markets using new data as well as new analysis of existing data, the chapters in this book present insights into the institutional constraints on national housing markets. Specifically, the contributors seek to examine the role of institutional factors and their influence on transaction costs in these markets. Exhibiting a diverse range of geographical, legal, and economic perspectives, the countries are grouped together based on legal institutional similarities, and each group includes an introduction and a conclusion highlighting similarities and differences from the institutional perspective. The book is divided into 3 parts: Part I sets the theoretical context and the reasons for writing a book focusing on national housing markets. Part II presents national markets from the perspective of the transaction process and covers Europe, North and South America, East Asia, the Pacific, and Africa. Part III contains conclusions with a critical discussion on how to compare national housing markets and a reflection on future directions of housing markets in an increasingly competitive international environment. The Routledge Companion to International Housing Markets is essential reading for academics and professionals in housing studies, real estate, economics, and urban studies.

Global Housing Markets

Author : Ashok Bardhan
Publisher : John Wiley & Sons
ISBN 13 : 0470647140
Total Pages : 576 pages
Book Rating : 4.4/5 (76 download)

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Book Synopsis Global Housing Markets by : Ashok Bardhan

Download or read book Global Housing Markets written by Ashok Bardhan and published by John Wiley & Sons. This book was released on 2011-11-22 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: A global look at the reasons behind the recent economic collapse, and the responses to it The speculative bubble in the housing market began to burst in the United States in 2007, and has been followed by ruptures in virtually every asset market in almost every country in the world. Each country proposed a range of policy initiatives to deal with its crisis. Policies that focused upon stabilizing the housing market formed the cornerstone of many of these proposals. This internationally focused book evaluates the genesis of the housing market bubble, the global viral contagion of the crisis, and the policy initiatives undertaken in some of the major economies of the world to counteract its disastrous affects. Unlike other books on the global crisis, this guide deals with the housing sector in addition to the financial sector of individual economies. Countries in many parts of the world were players in either the financial bubble or the housing bubble, or both, but the degree of impact, outcome, and responses varied widely. This is an appropriate time to pull together the lessons from these various experiences. Reveals the housing crisis in the United States as the core of the meltdown Describes the evolution of housing markets and policies in the run-up to the crisis, their impacts, and the responses in European and Asian countries Compares experiences and linkages across countries and points to policy implications and research lessons drawn from these experiences Filled with the insights of well-known contributors with strong contacts in practice and academia, this timely guide discusses the history and evolution of the recent crisis as local to each contributor's part of the world, and examines its distinctive and common features with that of the U.S., the trajectory of its evolution, and the similarities and differences in policy response.

Markets and Institutions in Real Estate and Construction

Author : Michael Ball
Publisher : John Wiley & Sons
ISBN 13 : 0470757566
Total Pages : 280 pages
Book Rating : 4.4/5 (77 download)

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Book Synopsis Markets and Institutions in Real Estate and Construction by : Michael Ball

Download or read book Markets and Institutions in Real Estate and Construction written by Michael Ball and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book explains why the real estate and construction industries are organised in the ways they are and then relates those characteristics to long-term market behaviour. It covers market dynamics - supply and demand; the interaction of property development and construction – and examines institutions and market structures. Real estate development and construction tend to be separate subjects in the literature. But construction is an inevitable part of any property development process and so has a major influence on the institutional structure of development. Markets & Institutions in Real Estate & Construction argues that these structures are best explained as a series of modern economic theories, based on competition and current production technologies. offers focus and breadth, and deal with controversial debates economic arguments made accessible through a non-technical writing style presents long-run international comparison of property market behaviour reflects internationalisation of property and construction markets

U.S. and West German Housing Markets

Author : K. Stahl
Publisher : Springer Science & Business Media
ISBN 13 : 3662106493
Total Pages : 166 pages
Book Rating : 4.6/5 (621 download)

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Book Synopsis U.S. and West German Housing Markets by : K. Stahl

Download or read book U.S. and West German Housing Markets written by K. Stahl and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: For many years countries have taken advantage of one another's experiences in formulating social policies and even in designing specific interventions. Often such transfers have occurred on a fairly casual level; sometimes greater rigor has been present. In either case, the goal has been to learn from previous experience-at least to avoid repeating the mistakes of the past. In light of the promise that such intercountry transfers hold, it is somewhat surprising that so little energy has gone into careful analytic work on the behavior of households in differing countries and how they respond to various changes, especially those resulting from shifts in public policy. This lack of careful analysis was a major force that motivated The Urban Institute to establish an international studies program in 1982. This volume represents one of the early products of the collaborative efforts that this initiative has spawned. The results of the comparison of the housing markets in West Germany and the United States presented here offer examples of the type of unexpected conclusions that may emerge from careful analyses as well as more anticipated outcomes. Despite the many similarities in the economies of the United States and West Germany and the general free-market orientation of their housing sectors, the papers in this volume document important differences in the way households make decisions about their housing and the consequences of these decisions.

Econometric Analyses of International Housing Markets

Author : Rita Yi Man Li
Publisher : Routledge
ISBN 13 : 131758791X
Total Pages : 198 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Econometric Analyses of International Housing Markets by : Rita Yi Man Li

Download or read book Econometric Analyses of International Housing Markets written by Rita Yi Man Li and published by Routledge. This book was released on 2016-03-31 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how econometric modelling can be used to provide valuable insight into international housing markets. Initially describing the role of econometrics modelling in real estate market research and how it has developed in recent years, the book goes on to compare and contrast the impact of various macroeconomic factors on developed and developing housing markets. Explaining the similarities and differences in the impact of financial crises on housing markets around the world, the author's econometric analysis of housing markets across the world provides a broad and nuanced perspective on the impact of both international financial markets and local macro economy on housing markets. With discussion of countries such as China, Germany, UK, US and South Africa, the lessons learned will be of interest to scholars of Real Estate economics around the world.

Urban Planning and the Housing Market

Author : Nicole Gurran
Publisher : Springer
ISBN 13 : 1137464038
Total Pages : 435 pages
Book Rating : 4.1/5 (374 download)

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Book Synopsis Urban Planning and the Housing Market by : Nicole Gurran

Download or read book Urban Planning and the Housing Market written by Nicole Gurran and published by Springer. This book was released on 2017-05-31 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book re-examines the role of urban policy and planning in relation to the housing market in an era of global uncertainty and change. The relationship between planning and the housing market is a contested problem across research, policy, and practice. Problems with housing supply and affordability in many nations have been linked to planning system constraints, while the global financial crisis has raised new questions about the role of urban planning regulation and processes in responding to housing market trends. With reference to international cases from the United Kingdom, the United States, Ireland, Hong Kong and Australia, the book examines how different systems of urban planning and governance address complex and dynamic housing market trends. It also offers practical guidance on how urban planning can support an efficient supply of appropriate and affordable homes in preferred locations. A detailed study, which explains and decodes the workings of the planning system and housing market, this book will be of particular interest to scholars of human geography and urban planning, as well as housing policy makers and practitioners. To view Nicole Gurran’s related TEDx talk please visit: Housing Crisis? How about housing solutions. TEDx Sydney 2018 (http://bit.ly/2psfpMw)

Housing Markets and the Global Financial Crisis

Author : Ray Forrest
Publisher : Edward Elgar Publishing
ISBN 13 : 1849805849
Total Pages : 273 pages
Book Rating : 4.8/5 (498 download)

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Book Synopsis Housing Markets and the Global Financial Crisis by : Ray Forrest

Download or read book Housing Markets and the Global Financial Crisis written by Ray Forrest and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: The impacts of the so-called global crisis are, in fact, highly uneven for both households and institutions. This unique book investigates why this is the case, whilst emphasizing the consequences. It encompasses the experiences of all the major economies, including: Australia, China, Hong Kong, Hungary, Iceland, Ireland, Japan, New Zealand, the Netherlands, South Korea, the USA, the UK and Vietnam, highlighting and comparing a wide range of housing systems and crisis impacts. Housing Markets and the Global Financial Crisis will strongly appeal to academics and postgraduate students in social policy, urban studies, public policy, economics, sociology and human geography. In addition, anyone with a general interest in globalization, neoliberalism and the changing nature of contemporary capitalist societies, as well as those with particular interests in housing markets and housing policy, will find this book enriching and enlightening.

Challenges of the Housing Economy

Author : Colin Jones
Publisher : John Wiley & Sons
ISBN 13 : 0470672331
Total Pages : 337 pages
Book Rating : 4.4/5 (76 download)

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Book Synopsis Challenges of the Housing Economy by : Colin Jones

Download or read book Challenges of the Housing Economy written by Colin Jones and published by John Wiley & Sons. This book was released on 2012-05-29 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book addresses key challenges faced by policy makers and the house-building industry in a post-credit crunch world. It examines the implications for households, the housing market, the economy, as well as for government's policy choices. Challenges of the Housing Economy: an international perspective brings together experts from around the world to examine recent housing market trends. The contributions reveal common long-term trends in housing markets worldwide. Despite differences in supply conditions and the role of planning, there is a trend toward rising house prices that has created significant barriers to home ownership for young households while increasing the wealth of older generations. The financial crisis had a differential impact on housing markets but in many countries where mortgage finance became severely constrained, house prices fell and there was a dramatic fall in housing construction. The falls in house prices in these countries have ostensibly improved affordability but the housing markets have been dominated by the lowering of loan to values applicable to new mortgages which has further raised the hurdles to potential first-time purchasers. At the same time as young households are increasingly rationed out of owner-occupation, public sector expenditure cut-backs in many countries result in limited new social housing. Instead, value for money imperatives will mean new funding models for affordable housing that require greater use of public-private partnerships. The private rented sector could potentially meet the demand for the new generation of long-term renters. However, there are doubts - in the UK at least - that this sector will be able to expand significantly or provide an appropriate type and standard of housing. This is an essential advanced text for students and researchers of land economy and land management; property and real estate; housing policy; and urban studies.

From Public Housing Soc Market

Author : J Kemeny
Publisher : Routledge
ISBN 13 : 1134888902
Total Pages : 211 pages
Book Rating : 4.1/5 (348 download)

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Book Synopsis From Public Housing Soc Market by : J Kemeny

Download or read book From Public Housing Soc Market written by J Kemeny and published by Routledge. This book was released on 2002-01-31 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jim Kemeny develops a conceptual framework to present a critical study of comparative rental markets. The framework centres around the concept of the process of maturation of cost rental housing and two policies for handling this which have been adopted by industrial societies. These are, firstly, the Anglo-Saxon "dualist" system, seen in Great Britain, Australia and New Zealand, and secondly, the Germanic "unitary market" system, seen in Sweden, The Netherlands, Germany and Switzerland. Using a comparative approach based around international case studies, Jim Kemeny shows how each system stems from different power structures, is governed by different policy strategies, and is informed by different ideological views of how markets operate. Offering a radical critique of the orthodox view, it is argued that the time is now right for English-speaking nations to abandon state control over cost renting but allow to it to compete directly with profit renting, as in the "unitary market" model. International in scope, this volume should be of interest to researchers in housing, sociology and related fields.

Comparative Housing Policy

Author : John Doling
Publisher : Bloomsbury Publishing
ISBN 13 : 1349258784
Total Pages : 238 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Comparative Housing Policy by : John Doling

Download or read book Comparative Housing Policy written by John Doling and published by Bloomsbury Publishing. This book was released on 1997-09-01 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text introduces the reader to the comparative study of housing policy. It looks first at the benefits, limitations and difficulties of the comparative method, as well as the reasons behind governmental involvement in housing and particular policy choices. It then identifies and discusses key themes of value to the analysis of a range of countries in the advanced capitalist world, offering an understanding of national differences and similarities and drawing on examples from, for instance, Europe, the USA, Australia and Japan.

International Encyclopedia of Housing and Home

Author :
Publisher : Elsevier
ISBN 13 : 0080471714
Total Pages : 3870 pages
Book Rating : 4.0/5 (84 download)

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Book Synopsis International Encyclopedia of Housing and Home by :

Download or read book International Encyclopedia of Housing and Home written by and published by Elsevier. This book was released on 2012-10-09 with total page 3870 pages. Available in PDF, EPUB and Kindle. Book excerpt: Available online via SciVerse ScienceDirect, or in print for a limited time only, The International Encyclopedia of Housing and Home, Seven Volume Set is the first international reference work for housing scholars and professionals, that uses studies in economics and finance, psychology, social policy, sociology, anthropology, geography, architecture, law, and other disciplines to create an international portrait of housing in all its facets: from meanings of home at the microscale, to impacts on macro-economy. This comprehensive work is edited by distinguished housing expert Susan J. Smith, together with Marja Elsinga, Ong Seow Eng, Lorna Fox O'Mahony and Susan Wachter, and a multi-disciplinary editorial team of 20 world-class scholars in all. Working at the cutting edge of their subject, liaising with an expert editorial advisory board, and engaging with policy-makers and professionals, the editors have worked for almost five years to secure the quality, reach, relevance and coherence of this work. A broad and inclusive table of contents signals (or tesitifes to) detailed investigation of historical and theoretical material as well as in-depth analysis of current issues. This seven-volume set contains over 500 entries, listed alphabetically, but grouped into seven thematic sections including methods and approaches; economics and finance; environments; home and homelessness; institutions; policy; and welfare and well-being. Housing professionals, both academics and practitioners, will find The International Encyclopedia of Housing and Home useful for teaching, discovery, and research needs. International in scope, engaging with trends in every world region The editorial board and contributors are drawn from a wide constituency, collating expertise from academics, policy makers, professionals and practitioners, and from every key center for housing research Every entry stands alone on its merits and is accessed alphabetically, yet each is fully cross-referenced, and attached to one of seven thematic categories whose ‘wholes' far exceed the sum of their parts

Private Rental Housing

Author : Tony Crook
Publisher : Edward Elgar Publishing
ISBN 13 : 178195416X
Total Pages : 265 pages
Book Rating : 4.7/5 (819 download)

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Book Synopsis Private Rental Housing by : Tony Crook

Download or read book Private Rental Housing written by Tony Crook and published by Edward Elgar Publishing. This book was released on 2014-02-28 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new focus on private renting has been brought into sharp relief by the global financial crisis, with its profound impact on mortgage finance, housing markets and government budgets. Written by specially commissioned international experts and s

Bubbles in Real Estate?

Author : Daniel Gros
Publisher : CEPS
ISBN 13 : 9290796154
Total Pages : 15 pages
Book Rating : 4.2/5 (97 download)

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Book Synopsis Bubbles in Real Estate? by : Daniel Gros

Download or read book Bubbles in Real Estate? written by Daniel Gros and published by CEPS. This book was released on 2006 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:

International Real Estate

Author : W. Seabrooke
Publisher : John Wiley & Sons
ISBN 13 : 1405172630
Total Pages : 384 pages
Book Rating : 4.4/5 (51 download)

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Book Synopsis International Real Estate by : W. Seabrooke

Download or read book International Real Estate written by W. Seabrooke and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Real estate activity across national boundaries (investment, development and asset management) is firmly established as a major component of global economic activity. International Real Estate provides the understanding of real estate strategies and transactions that cross national boundaries. International organizations lament the narrow perspective of professionals in the real estate field, which stems from training that takes a parochial rather than international view of the practices and processes of real estate markets. This book takes an explicitly international perspective to the decision-making process leading to final 'accept' or 'reject' investment decisions. It will be the first to adopt an institutional approach that directly addresses the problems of how to identify and avoid the main pitfalls of cross-border investment in real estate. The key to understanding international real estate comes from understanding the impact on investment and management decisions of differences in the formal and informal 'rules of the game'. The authors define the key feature of international real estate as the institutions that frame, facilitate or impede investment in land and buildings across national boundaries.

Housing Markets and Household Behavior in Japan

Author : Miki Seko
Publisher : Springer
ISBN 13 : 9811333696
Total Pages : 290 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis Housing Markets and Household Behavior in Japan by : Miki Seko

Download or read book Housing Markets and Household Behavior in Japan written by Miki Seko and published by Springer. This book was released on 2019-05-08 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses essential questions about housing by building theoretical models based on various real world problems in Japan and testing these models using econometric methods. Almost all related empirical analyses use Japanese household longitudinal data. Accordingly, the author analyzes whole aspects of the data, based on an understanding of the actual situation, theory, and empirical analysis, to directly derive a vision of a future housing policy. Why are houses expensive and difficult to obtain in Japan? Why do people have to live in small houses? Why do people not relocate frequently? Why is the earthquake insurance subscription rate so low, particularly in an earthquake-prone country such as Japan, even after such a catastrophic event as the Great East Japan Earthquake of 2011? How do existing housing finance and tax policies or laws relate to these real world problems? To answer these questions, the book clarifies the unique criteria that characterize housing problems in Japan and presents a vision of future housing policy. The short answer is that existing housing finance policy that adopts criteria based on the floor space of houses creates incentives for people to live in even smaller houses. Furthermore, the Japan Rental Act, which affects people renting homes, reduces residential mobility. The incidence of underinsurance against earthquake risk is a result of earthquake insurance market imperfections such as crude and rough geographical risk ratings. The book elaborates on these factors in four parts and will be of interest to all readers who are concerned with the housing market and household behavior in Japan.

International Real Estate Investments

Author : Kim Scheuringer
Publisher : BoD – Books on Demand
ISBN 13 : 3753418625
Total Pages : 143 pages
Book Rating : 4.7/5 (534 download)

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Book Synopsis International Real Estate Investments by : Kim Scheuringer

Download or read book International Real Estate Investments written by Kim Scheuringer and published by BoD – Books on Demand. This book was released on 2021-05-12 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is to build a case for investing in international real estate focusing on single-family homes. In so doing, this comprehensive comparative study takes into consideration transaction costs, taxation, as well as regulation and other institutional settings. Analyzing not only the return performance of international residential markets, but also the benefits and drawbacks of such investments in comparison to traditional assets, i.e. stocks and bonds, over a long-term investment horizon of twenty years adds additional insight on investments strategies into the mainly untouched area of single-family real estate returns on different continents and markets.