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Recent Developments in the Economics of Housing

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  • Yannis M. Ioannides

Abstract

This review considers the most significant and contemporary literary contributions to the field of the economics of housing. It discusses articles that cover the housing markets demand and supply whilst considering these factors interactions on real estate valuations, home ownership and wealth decisions. Literature focusing on the interfaces that occur from the dynamics of neighbourhoods and housing prices is analysed and the review delves into how housing markets and their modelling have attracted particular policy interest, such as rent control. Recent analyses of housing markets through a lens that emphasizes the importance of frictions, namely the Diamond-Mortensen-Pissarides (DMP) model is also extended upon. This review promises to be an informative read to scholars and academics who are immersed in this fascinating topic.

Suggested Citation

  • Yannis M. Ioannides (ed.), 2019. "Recent Developments in the Economics of Housing," Books, Edward Elgar Publishing, number 17932.
    • Handle: RePEc:elg:eebook:17932
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    File URL: http://www.e-elgar.com/shop/isbn/9781788112000
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    Cited by:

    1. Ngai, Liwa Rachel & Sheedy, Kevin, 2020. "The Ins and Outs of Selling Houses: Understanding Housing Market Volatility," CEPR Discussion Papers 14331, C.E.P.R. Discussion Papers.

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    Keywords

    Economics and Finance;

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