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The Determinants of House Price Dynamics: A Survey
Essay specific features
Written by:
Frances A
Date added:
May 8, 2015
Level:
University
Grade:
B
No of pages / words:
10 / 2668
Was viewed:
5382 times
Rating of current essay:
Essay content:
There is a growing number of individuals who spend part of their income on houses. Therefore, the movement of house prices determines in part household expenditure and thus may also influence household consumption. A decline in housing prices would therefore diminish private sector wealth and would thus also influence other factors concerning the economic well-being of private households...
displayed 300 characters
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A decline in housing prices would therefore diminish private sector wealth and would thus also influence other factors concerning the economic well-being of private households.
Most authors focus on macroeconomic factors, such as the real interest rate or inflation when trying to explain the determination of housing prices...
displayed 300 characters
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