International Housing Cycles : Causes, Consequences and Policies

• Autorzy: Geoffrey Meen
• Języki publikacji: EN

Abstrakty

EN

Many countries around the world have experienced strong growth in house prices over the last ten years. Controversy still surrounds the issue of whether of whether these are caused by speculative bubbles or are related to fundamentals. The difference matters partly because of the wider macroeconomic effects of house price cycles and partly because of the impact on wealth distributions. Using primarily UK data, but also drawing on wider international evidence, the paper considers the evidence on these issues and draws conclusions on the reasons for volatility and the most appropriate policy responses to promote stability in housing markets. (original abstract)

Słowa kluczowe

EN

Real estate prices; Housing market

PL

Ceny nieruchomości; Rynek mieszkaniowy

• Czasopismo: Studia i Materiały Towarzystwa Naukowego Nieruchomości
• Rocznik: 2007
• Tom: 15
• Numer: nr 1-2 Wpływ globalizacji na rozwój rynków nieruchomości
• Strony: 49--69

Twórcy

autor

Geoffrey Meen

• The University of Reading Business School

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