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Demand Pressure and Housing Market Expansion Under Supply Restrictions

Author

Listed:
  • Paloma Taltavull de La Paz
  • Federico Pablo

Abstract

The paper analyse the expansion on Madrid housing market submit to a strong inmigration pressure. Economic growth and enlarged labour market attract population to one of the more expensive Spanish housing markets. The split of demand promote building in new areas under land restrictions and strong competition, jumping the frontiers of the county. The analysis estimate the role of residential changes using multivariante analysis with time and spatial varying parameters.

Suggested Citation

  • Paloma Taltavull de La Paz & Federico Pablo, 2009. "Demand Pressure and Housing Market Expansion Under Supply Restrictions," ERES eres2009_361, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2009_361
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    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2009-361
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    More about this item

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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