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Evolución de los precios de la vivienda en Colombia

Author

Listed:
  • Gustavo Adolfo HERNANDEZ DIAZ
  • Gabriel PIRAQUIVE GALEANO

Abstract

Durante los últimos tres o cuatro anos los precios de la vivienda han presentado un gran crecimiento, lo cual ha llevado a hablar acerca de una burbuja hipotecaría. La evidencia estadística presentada muestra que, en efecto puede existir un periodo de burbuja de precios. Sin embargo, al analizar diferentes explicaciones para este crecimiento de los precios (desalineamiento de los precios, enfermedad holandesa, crecimiento de los ingresos y la respuesta a la política fiscal), se encuentra que los factores que puede explicar mejor este fenómeno es una corrección de los precios de la vivienda, debido a la caída de los precios de estos activos a finales de los noventa, y un crecimiento en el poder adquisitivo de los hogares.

Suggested Citation

  • Gustavo Adolfo HERNANDEZ DIAZ & Gabriel PIRAQUIVE GALEANO, 2014. "Evolución de los precios de la vivienda en Colombia," Archivos de Economía 11208, Departamento Nacional de Planeación.
  • Handle: RePEc:col:000118:011208
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    File URL: https://colaboracion.dnp.gov.co/CDT/Estudios%20Econmicos/407.pdf
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    References listed on IDEAS

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    2. Juan Esteban Carranza & Salvador Navarro, 2010. "Estimating Dynamic Models with Aggregate Shocks And an Application to Mortgage Default in Colombia," Borradores de Economía y Finanzas 7140, Universidad Icesi.
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    6. Juan Esteban Carranza, 2011. "La indexación de los saldos hipotecarios y la crisis colombiana de final de siglo XX," Revista Desarrollo y Sociedad, Universidad de los Andes,Facultad de Economía, CEDE, May.
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    Cited by:

    1. Vanessa Cediel Sánchez & Carlos Velásquez Vega, 2015. "¿Hay una burbuja inmobiliaria en Bogotá? Un estudio por segmentos de mercado," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 17(32), pages 233-357, January-J.

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    More about this item

    Keywords

    Burbujas de precios; precios de la vivienda; enfermedad holandesa; índices de precios.;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets

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