Ordinary least squares regression models are employed to estimate the impact of home owner's age on house price appreciation rates. The findings indicate that a home owner aged 65 or over suffers from a 5 percentage point discount in house price appreciation rate compared to younger home owners ...
When combined with a cost-of-living squeeze, that points to a growing number of households in financial distress. In Australia perhaps a fifth of all mortgage debt is owed by households who will see their spare cashflow fall by 20% or more if interest rates rise as expected. In Britain 2...
When combined with a cost-of-living squeeze, that points to a growing number of households in financial distress. In Australia perhaps a fifth of all mortgage debt is owed by households who will see their spare cashflow fall by 20% or more if interest rates rise as expected. In Britain 2...
However, the interest rate shock plays an important role in the recent real house price boom after 2000 for six countries, namely Australia, Spain, Ireland, the Netherlands, the US, and South Africa. Figure 3: Historical decomposition of real house price: interest rate shock. Figure 4: ...
Originally my builder thought he could do within my price range. What neither of us considered was the size of the slab. This put me about 20,000 over my original estimate. I loved the information booklet that I received after the home plans had arrived. Great customer assistance. Would ...
One estimate suggests that London’s resident population may have declined by 8% in 2020. Australia’s borders have been shut to non-residents since March 2020. Recent graduates, faced with the prospect of working from a shared home, may still be living with their parents. 疫情阻断了一些正常...
House Renovation When looking at house renovation costs in Australia, you need to look at the different types of renovations and check out what is needed for each. The average cost usually outweighs the value of the renovation by a considerable amount, s
Our identification strategy combines a triple-differences design to estimate the average treatment effect on the treated (ATET). We find both statistically and economically significant ATETs. For housing units located within a 300 m distance of the night service trains, housing value experience an ...
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In the first quarter of 2021, the average annual nominal house price growth across the 37 advanced economies of the OECD accelerated to the fastest pace since 1990. In the US, the annual house price growth reached a double-digit rate, and in Australia, house prices recorded the biggest month...