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Households derive the same flow utility h if they own or rent the house, and landlords (i.e. builders) pay the same building cost H. As will become clear below, absent some further friction, owning would efficiently solve the private information problem and all houses would be owner-...
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2 (Not a studio)Bedsit single room including bills Postcode AgencyDate available:12 Nov 2024HouseStudioBed Kingston, London £700pm Just now 7 (Not a studio)Double room including bills for single/couple or 3 adults Postcode LU3 1JE
Housing providers in Ireland are struggling to keep pace with demands for the much needed 30,000–35,000 houses a year required to cover population growth and changing household sizes. Gradually, heavyweight Real Estate Investment Funds (REITs) are seeking to fill this gap, promising high profit...