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Housing Contemporary Ireland : Policy, Society and Shelter
This book, the first comprehensive review of housing in Ireland for many years, introduces, in an accessible manner, the key housing developments since the foundation of the State and also reports on the findings of the latest research on the transformation of the sector in the past decade. The issues examined here include: -the impact of the house price boom on wealth and affordability / -the urban renewal schemes and private rented housing -the management of social housing / -the accommodation of Travellers and homeless people -rural housing policy and politics
Hot Property : The Housing Market in Major Cities
This book discusses booming housing markets in cities around the globe, and the resulting challenges for policymakers and central banks. Cities are booming everywhere, leading to a growing demand for urban housing. In many cities this demand is out-pacing supply, which causes house prices to soar and increases the pressure on rental markets. These developments are posing major challenges for policymakers, central banks and other authorities responsible for ensuring financial stability, and economic well-being in general. This volume collects views from high-level policymakers and researchers, providing essential insights into these challenges, their impact on society, the economy and financial stability, and possible policy responses. The respective chapters address issues such as the popularity of cities, the question of a credit-fueled housing bubble, the role of housing supply frictions and potential policy solutions. Given its scope, the book offers a revealing read and valuable guide for everyone involved in practical policymaking for housing markets, mortgage credit and financial stability.
Hedonic Methods in Housing Markets : Pricing Environmental Amenities and Segregation
Cities are growing worldwide and their sprawl is increasingly challenged for its pressure on open spaces and environmental quality. Economic arguments can help to decide about the trade-off between preserving environmental quality and developing housing and business surfaces, provided the benefits of environmental quality are adequately quantified. To this end, this book focuses on the use and advancement of the "hedonic approach", an economic valuation technique that analyses and quantifies the sources of rent and property price differentials. Starting from theoretical foundations, the hedonic approach is applied to the valuation of natural land use preservation and noise abatement measures, as well as to residential segregation and discrimination, extending the analysis to the role of the buyers' and sellers' identity on housing market prices and to the issue of environmental justice.
European Metropolitan Housing Markets
This book provides a comprehensive analysis of housing theory and policy with a focus on metropolitan regions. The results are based on case studies of twelve European metropolitan regions, including expert panels organized in each. Using an approach from the field of industrial economics, the analysis is divided into the three related stages "structure", "conduct" and "performance." The essential idea is that the structure of a market, defined by market conditions, market growth, forms of competition and control, influences the economic behavior of both companies and households. The effects of this behavior can be observed in the development of prices; exchanged, constructed and maintained housing quantities; location patterns and choice of space.
