IDEAS home Printed from https://ideas.repec.org/a/ebl/ecbull/eb-22-00194.html
   My bibliography  Save this article

The housing price index and the number of housing units: a surprising co-movement in France

Author

Listed:
  • Bator Anne

    (University of Perpignan Via Domitia)

  • Hervé Blanchard

    (University of Perpignan Via Domitia)

Abstract

We examine the relationship between the evolution of the housing price index and the number of housing units from 1968 to 2015. Using a simultaneous equation framework, we find a positive relationship between housing supply and the housing price index. Our research suggests that there is an analogy between the Braess paradox and the housing problem. We find a positive income elasticity of demand as well as a positive price elasticity of demand that tends to zero.

Suggested Citation

  • Bator Anne & Hervé Blanchard, 2024. "The housing price index and the number of housing units: a surprising co-movement in France," Economics Bulletin, AccessEcon, vol. 44(1), pages 490-499.
    • Handle: RePEc:ebl:ecbull:eb-22-00194
    as

    Download full text from publisher

    File URL: http://www.accessecon.com/Pubs/EB/2024/Volume44/EB-24-V44-I1-P35.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Braess paradox; housing market; simultaneous equations;
    All these keywords.

    JEL classification:

    • Y1 - Miscellaneous Categories - - Data: Tables and Charts
    • R2 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ebl:ecbull:eb-22-00194. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: John P. Conley (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.