The Housing Puzzle
Author/s: Bob Hargreaves
Date Published: 1/01/2009
Published in: Volume 15 - 2009 Issue 1 (pages 4 - 16)
Abstract
This paper is the keynote address, presented by Professor Bob Hargreaves at the 15 PRRES Conference in Sydney over 18–21 January 2009, on research opportunities in housing for property academics. The keynote address was sponsored by Estate Master.Download Full Article
Download the Full Article PDF14445921.2009.11104269.pdf (212kB) |
Keywords
Affordability - Behavioural Aspects - Future Markets - Housing Policy - Housing ResearchReferences
- Bourassa,S.C., Hoesli,M., and Sun, J. (2004) ‘A Simple Alternative House Price Method’, FAME Working Paper No. 119. SSRN: http://ssrn.com/abstract=631008.
- Brower, A. (2008), Who owns the High Country? Craig Potton Publishing, Nelson.
- Fisher, L and Jaffe, A. (2003), ‘Determinants of International Home Ownership Rates’, Housing Finance International, Sept.
- Fisher,L., Pollakowski,H., and Zabel J. (2007), ‘Amenity-based Housing Affordability Indexes’, Draft paper, Massachusetts Institute of Technology. http://web.mit.edu/cre/research/hai/aff-index.html.
- Graaskamp, J.A. (1981), ‘Fundamentals of Real Estate Development’, Development Component Series Monograph, Urban Land Institute, Washington,DC.
- Greenspan,A. (2008) ‘Testimony on Sources of Financial Crisis’ to House Committee on Government Oversight and Reform. Washington. http://blogs.wsi.com/economics/2008/10/23/greenspan-testimony-on-sources-of-financial-crisis/.
- Marcromarkets (2008), ‘U S Housing: 21 Century Alternatives for Investment and Risk Management’ http://macromarkets.com/index.shtml.
- Quotable Value, (2008), ‘Urban Sales Statistics-Half Year Ended June, 2007’, Quotable Value, Wellington.
- Jones, D.G., Galvin, K. and Woodhouse, D. (2000), ‘Universities as Critic and Conscience of Society: The Role of Academic Freedom’, New Zealand Universities Academic Audit Unit , AAU Series on Quality: no.6.
- Larson, K., Intille, S., McLeish, T., Beaudin, J., and Williams, R. ‘Open source building-reinventing places of living’, BT Technology Journal, Vol 22, no. 4.
- Rothenberg, J., Galster, G.C., Butler ,R.V. and Pitkin, J.R. (1991), The Maze of Urban Housing Markets: theory, Evidence and Policy, The University of Chicago Press.
- Shi, S., Martin, Y., & Hargreaves, B. (2008). ‘House price-volume dynamics: does the index matter? Evidence from 12 cities in New Zealand’ paper presented to The 13 Asian Real Estate Society Annual Conference, Shanghai.
- Shiller R.J. (2005), Irrational Exuberance, 2 ed. Princeton University Press, New York, New York.
- Shiller R.J. (2007), ‘Implications of Behavioural Finance for Real Estate and Other markets’ Seminar presented to CFA Institute, May www.cfawwebcasts.org.
- Statistics New Zealand, (2006), ‘Census 2006’ Hot off the Press, Statistics New Zealand, Wellington, www.stats.govt.nz.
- Smith, W.F. (1971), Housing- The Social and Economic Elements, University of California Press.
- Smith, W.F. (1975), Urban Development’, University of California Press.