Pub Date : 2020-11-20DOI: 10.1080/08965803.2020.1845562
S. Heinig, Anupam Nanda, S. Tsolacos
Measuring sentiment has been at the center of research for many years. While direct sentiment measures are assumed to be more suitable, we examine the construction and U.S. ability of indirect meas...
{"title":"Which Sentiment Indicators Matter? Evidence from the European Commercial Real Estate Market","authors":"S. Heinig, Anupam Nanda, S. Tsolacos","doi":"10.1080/08965803.2020.1845562","DOIUrl":"https://doi.org/10.1080/08965803.2020.1845562","url":null,"abstract":"Measuring sentiment has been at the center of research for many years. While direct sentiment measures are assumed to be more suitable, we examine the construction and U.S. ability of indirect meas...","PeriodicalId":51567,"journal":{"name":"Journal of Real Estate Research","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2020-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08965803.2020.1845562","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47712311","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-11-16DOI: 10.1080/08965803.2020.1840897
António Miguel Martins, A. Serra, Francisco Vitorino Martins, S. Stevenson
This paper examines house price dynamics, bank herding behavior, and the linkages between them. The analysis presented indicates that prior to the financial crisis, non-fundamental factors played a...
{"title":"House Price Dynamics and Bank Herding: European Empirical Evidence","authors":"António Miguel Martins, A. Serra, Francisco Vitorino Martins, S. Stevenson","doi":"10.1080/08965803.2020.1840897","DOIUrl":"https://doi.org/10.1080/08965803.2020.1840897","url":null,"abstract":"This paper examines house price dynamics, bank herding behavior, and the linkages between them. The analysis presented indicates that prior to the financial crisis, non-fundamental factors played a...","PeriodicalId":51567,"journal":{"name":"Journal of Real Estate Research","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2020-11-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08965803.2020.1840897","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44726904","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-11-16DOI: 10.1080/08965803.2020.1846324
Chih‐Yuan Yang, Ming-chi Chen, Chia-Chien Chang
This study analyzes the stochastic basis risk (presale price minus spot housing price) of presale housing from the viewpoint of forward pricing. We employ the modified Brownian bridge process to de...
{"title":"Pricing of Presale Contracts with Macroeconomic Factors and Stochastic Basis Risk","authors":"Chih‐Yuan Yang, Ming-chi Chen, Chia-Chien Chang","doi":"10.1080/08965803.2020.1846324","DOIUrl":"https://doi.org/10.1080/08965803.2020.1846324","url":null,"abstract":"This study analyzes the stochastic basis risk (presale price minus spot housing price) of presale housing from the viewpoint of forward pricing. We employ the modified Brownian bridge process to de...","PeriodicalId":51567,"journal":{"name":"Journal of Real Estate Research","volume":"1 1","pages":""},"PeriodicalIF":0.8,"publicationDate":"2020-11-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08965803.2020.1846324","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41767631","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-11-13DOI: 10.1080/08965803.2020.1840898
Ping Cheng, Zhenguo Lin, Yingchun Liu
This paper provides a theoretical framework to examine how the differences in seller motivation can potentially affect the distribution of home prices. Heterogeneous seller behavior, strategies, an...
本文提供了一个理论框架来研究卖家动机的差异如何潜在地影响房价的分布。异构卖家行为,策略,和。。。
{"title":"Price Discovery with Heterogeneous Sellers in Real Estate","authors":"Ping Cheng, Zhenguo Lin, Yingchun Liu","doi":"10.1080/08965803.2020.1840898","DOIUrl":"https://doi.org/10.1080/08965803.2020.1840898","url":null,"abstract":"This paper provides a theoretical framework to examine how the differences in seller motivation can potentially affect the distribution of home prices. Heterogeneous seller behavior, strategies, an...","PeriodicalId":51567,"journal":{"name":"Journal of Real Estate Research","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2020-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08965803.2020.1840898","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48742845","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-10-27DOI: 10.1080/08965803.2020.1829426
Qin Fan, J. Hansz
We employ a Cox proportional hazard model to examine the effect of observed mortgage defaults within a neighborhood on homeowners’ strategic default decisions, using multiple datasets from the Fres...
{"title":"The Spatial and Time-Varying Contagion Effect of Foreclosures","authors":"Qin Fan, J. Hansz","doi":"10.1080/08965803.2020.1829426","DOIUrl":"https://doi.org/10.1080/08965803.2020.1829426","url":null,"abstract":"We employ a Cox proportional hazard model to examine the effect of observed mortgage defaults within a neighborhood on homeowners’ strategic default decisions, using multiple datasets from the Fres...","PeriodicalId":51567,"journal":{"name":"Journal of Real Estate Research","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2020-10-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08965803.2020.1829426","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46505659","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-10-14DOI: 10.1080/08965803.2020.1826782
Andy Krause, G. Aschwanden
The growth of Airbnb and other short-term rental platforms have presented absentee owners of urban residential properties with a choice of leasing strategy: traditional long-term rental or a short-...
Airbnb和其他短租平台的发展,给了缺席的城市住宅业主一个租赁策略的选择:传统的长期租赁或短租。
{"title":"To Airbnb? Factors Impacting Short-Term Leasing Preference","authors":"Andy Krause, G. Aschwanden","doi":"10.1080/08965803.2020.1826782","DOIUrl":"https://doi.org/10.1080/08965803.2020.1826782","url":null,"abstract":"The growth of Airbnb and other short-term rental platforms have presented absentee owners of urban residential properties with a choice of leasing strategy: traditional long-term rental or a short-...","PeriodicalId":51567,"journal":{"name":"Journal of Real Estate Research","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2020-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08965803.2020.1826782","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46018823","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-09-23DOI: 10.1080/08965803.2020.1810524
Chih-Min Liang, Chun-Chang Lee, J. Lee, Zheng Yu
This study examines the effects of a government announcement of soil liquefaction potential on housing prices in the reported areas, and explores the rate at which these prices changed after the an...
本研究考察了政府公布的土壤液化潜力对报告地区房价的影响,并探讨了这些价格在地震后的变化率。
{"title":"The Effects of Government-Announced Soil Liquefaction Potential on Housing Prices in Reported Areas: A Two-Stage Spatial Quantile Regression Analysis","authors":"Chih-Min Liang, Chun-Chang Lee, J. Lee, Zheng Yu","doi":"10.1080/08965803.2020.1810524","DOIUrl":"https://doi.org/10.1080/08965803.2020.1810524","url":null,"abstract":"This study examines the effects of a government announcement of soil liquefaction potential on housing prices in the reported areas, and explores the rate at which these prices changed after the an...","PeriodicalId":51567,"journal":{"name":"Journal of Real Estate Research","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2020-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08965803.2020.1810524","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43439875","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-09-17DOI: 10.1080/08965803.2020.1807798
H. Guirguis, John Trieste
This study examines the impact of United States monetary policies on domestic mortgage rates, incorporating a holistic set of macroeconomic variables in its analysis. Two obstacles have prevented t...
{"title":"Measuring the Impact of Monetary Policy on Mortgage Rates","authors":"H. Guirguis, John Trieste","doi":"10.1080/08965803.2020.1807798","DOIUrl":"https://doi.org/10.1080/08965803.2020.1807798","url":null,"abstract":"This study examines the impact of United States monetary policies on domestic mortgage rates, incorporating a holistic set of macroeconomic variables in its analysis. Two obstacles have prevented t...","PeriodicalId":51567,"journal":{"name":"Journal of Real Estate Research","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2020-09-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08965803.2020.1807798","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46676232","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-09-17DOI: 10.1080/08965803.2020.1806616
Yosi Borochov, B. Portnov, N. Biger
If a mortgage borrower misses three or more payments, the loan moves into the mortgage arrears (MA) category. This study examines MA events in Israel from 2010 to 2016, focusing on the effect of se...
{"title":"Environmental and Security Risk Factors behind Mortgage Arrears in Israel","authors":"Yosi Borochov, B. Portnov, N. Biger","doi":"10.1080/08965803.2020.1806616","DOIUrl":"https://doi.org/10.1080/08965803.2020.1806616","url":null,"abstract":"If a mortgage borrower misses three or more payments, the loan moves into the mortgage arrears (MA) category. This study examines MA events in Israel from 2010 to 2016, focusing on the effect of se...","PeriodicalId":51567,"journal":{"name":"Journal of Real Estate Research","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2020-09-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08965803.2020.1806616","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42052951","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-07-02DOI: 10.1080/08965803.2020.1840899
Danny Ben-Shahar,Roni Golan,Eyal Sulganik
The real estate market is recognized as a fertile ground for tax violations. Specifically, reporting a price lower than the true transaction price in order to avoid tax payments is a prevalent tech...
房地产市场被认为是逃税的温床。具体来说,报告价格低于真实交易价格以避免纳税是一种普遍的技术……
{"title":"Tax Evasion in the Housing Market: Identification and Exploration","authors":"Danny Ben-Shahar,Roni Golan,Eyal Sulganik","doi":"10.1080/08965803.2020.1840899","DOIUrl":"https://doi.org/10.1080/08965803.2020.1840899","url":null,"abstract":"The real estate market is recognized as a fertile ground for tax violations. Specifically, reporting a price lower than the true transaction price in order to avoid tax payments is a prevalent tech...","PeriodicalId":51567,"journal":{"name":"Journal of Real Estate Research","volume":"12 1","pages":"315-340"},"PeriodicalIF":0.8,"publicationDate":"2020-07-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138534430","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}