Showing posts with label Global Housing Watch. Show all posts
Saturday, February 1, 2025
From a paper by Nafeesa Yunus:
“This study examines the impact of aggregate oil shocks and disentangled oil shocks on U.S. and seven major securitized real estate markets. Oil is integrated with the markets and leads them over the long-run. The short-run impact of oil shocks on the markets is negative. A disentangled analysis of oil shocks reveals that supply and demand shocks have differential impacts. Over the long-run, supply shocks have little impact, while demand shocks contribute significantly to common trends and lead each market. In the short-run, demand shocks have positive effects on each market, whereas supply shocks have negative but lesser effects.”
From a paper by Nafeesa Yunus:
“This study examines the impact of aggregate oil shocks and disentangled oil shocks on U.S. and seven major securitized real estate markets. Oil is integrated with the markets and leads them over the long-run. The short-run impact of oil shocks on the markets is negative. A disentangled analysis of oil shocks reveals that supply and demand shocks have differential impacts. Over the long-run, supply shocks have little impact,
Posted by at 4:59 AM
From C40 Cities:
“New research from C40 Cities today reveals that making the construction sector more sustainable in cities will generate multiple socio-economic benefits, including the creation of millions of green jobs.
Building greener cities: green job opportunities in clean construction, is the first major piece of work to identify the potential for cities’ workforces of adopting clean construction, presenting a compelling economic case for shifting to clean construction practices. The research, supported by Laudes Foundation and the City of Oslo, and with insights from Building and Woodworkers International, spans seven major cities: Bogotá, London, Madrid, Mexico City, Nairobi, Oslo and Seattle, to give a global perspective on how decarbonising the built environment, responsible currently for close to 40% of global CO2 emissions, can support a stable and healthy workforce and provide opportunities for greater social equity.
Researchers modelled the impact of two scenarios from 2023-2050: first, a city’s continuation of current carbon-intensive construction scenario, and second, a shift towards clean construction (defined as decarbonised, resource-efficient, resilient and socially just built environment and construction systems). The research projects the changes in job numbers and job roles, maps workforce diversity and quality of work, and calculates the investment needed for each.”
Continue reading here.
From C40 Cities:
“New research from C40 Cities today reveals that making the construction sector more sustainable in cities will generate multiple socio-economic benefits, including the creation of millions of green jobs.
Building greener cities: green job opportunities in clean construction, is the first major piece of work to identify the potential for cities’ workforces of adopting clean construction, presenting a compelling economic case for shifting to clean construction practices.
Posted by at 4:45 AM
Labels: Global Housing Watch
Wednesday, January 29, 2025
From a paper by Tobias Herbst, Moritz Kuhn, and Farzad Saidi:
“Houses are the most important asset on American households’ balance sheets, rendering the U.S. economy sensitive to house prices. There is a consensus that credit conditions affect house prices, but to what extent remains controversial, as an expansion in credit supply often coincides with changes in house price expectations. To address this longstanding question, we rely on novel microdata on the universe of mortgages guaranteed under the Veterans Administration (VA) loan program. We use the expansion of eligibility of veterans for the VA loan program following the Gulf War to estimate a long-lived effect of credit supply on house prices. We then exploit the segmentation of the conventional mortgage market from program eligibility to link this sustained house price growth to developments in the initially unaffected segment of the credit market. We uncover a net increase in credit for all other residential mortgage applicants that aligns closely with the evolution of house price growth, which supports the view that credit-induced house price shocks are amplified by beliefs.”
From a paper by Tobias Herbst, Moritz Kuhn, and Farzad Saidi:
“Houses are the most important asset on American households’ balance sheets, rendering the U.S. economy sensitive to house prices. There is a consensus that credit conditions affect house prices, but to what extent remains controversial, as an expansion in credit supply often coincides with changes in house price expectations. To address this longstanding question, we rely on novel microdata on the universe of mortgages guaranteed under the Veterans Administration (VA) loan program.
Posted by at 8:26 PM
Labels: Global Housing Watch
From a post by M. Nolan Gray:
“After a lot of hard work by activists, America’s political class has finally started to accept that we are in a housing crisis that is ruining everything. But what do we mean when we talk about a housing crisis? The reality is that housing market conditions are quite varied across the United States. There is not one single crisis, but three different varieties of housing crisis that require three different policy responses.
Continue reading here.
From a post by M. Nolan Gray:
“After a lot of hard work by activists, America’s political class has finally started to accept that we are in a housing crisis that is ruining everything. But what do we mean when we talk about a housing crisis? The reality is that housing market conditions are quite varied across the United States. There is not one single crisis, but three different varieties of housing crisis that require three different policy responses.
Posted by at 7:06 AM
Labels: Global Housing Watch
Friday, January 17, 2025
On cross-country:
Working papers and conferences:
On the US—developments on house prices, rent, permits and mortgage:
On the US—other developments:
On Australia and New Zealand:
On other countries:
On cross-country:
Working papers and conferences:
On the US—developments on house prices,
Posted by at 5:00 AM
Labels: Global Housing Watch
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