Heterogeneity In Households Expectations Of Housing Prices
Download and Read Heterogeneity In Households Expectations Of Housing Prices full books in PDF, ePUB, and Kindle. Read online free Heterogeneity In Households Expectations Of Housing Prices ebook anywhere anytime directly on your device. We cannot guarantee that every ebooks is available!
Heterogeneity in Households' Expectations of Housing Prices
Author | : Erik Hjalmarsson |
Publisher | : |
Total Pages | : |
Release | : 2019 |
Genre | : |
ISBN | : |
Download Heterogeneity in Households' Expectations of Housing Prices Book in PDF, Epub and Kindle
Expectations about future housing prices are arguably an important determinant of actual housing prices, and an important input in decisions on whether and how to transact in the housing market. Using novel micro-level survey data on Swedish households, we analyse households' expectations of housing prices and how these expectations relate to the characteristics of the respondents. Results show that age is significantly related to housing-price expectations, with the youngest households - whose adulthood largely corresponds to the extended period of rapid housing-price growth in Sweden - having the highest housing-price expectations, thus lending support to the hypothesis that expectations are influenced by personal experiences. Our findings suggest that aggregate measures of expectations might hide important features of the data, which could be of interest to policy makers when choosing regulatory actions or formulating macroprudential policies.
Heterogeneity in Households' Expectations of Housing Prices Related Books
Pages:
Pages: 0
Pages: 38
Pages: 38
Pages: 194