{"product_id":"modelling-spatial-housing-markets-theory-analysis-and-policy-von-geoffrey-meen","title":"Modelling Spatial Housing Markets","description":"Spatial fixity is one of the characteristics that distinguishes  housing from most other goods and services in the economy. In general,  housing cannot be moved from one part of the country to another in  response to shortages or excesses in particular areas. The modelling  of housing markets and the interlinkages between markets at different  spatial levels - international, national, regional and urban - are the  main themes of this book.\u003cbr\u003e  A second major theme is disaggregation, not only in terms of space,  but also between households. The book argues that aggregate  time-series models of housing markets of the type widely used in  Britain and also in other countries in the past have become less  relevant in a world of increasing income dispersion. Typically,  aggregate relationships will break down, except under special  conditions. We can no longer assume that traditional location or  tenure patterns, for example, will continue in the future. \u003cbr\u003e  The book has four main components. First, it discusses trends in  housing markets both internationally and within nations. Second, the  book develops theoretical housing models at each spatial scale,  starting with national models, moving down to the regional level and,  then, to urban models. Third, the book provides empirical estimates of  the models and, finally, the models are used for policy analysis.  Analysis ranges over a wide variety of topics, including explanations  for differing international house price trends, the causes of housing  cycles, the role of credit markets, regional housing market  interactions and the role of housing in urban\/suburban population  drift.\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9780792373070\"\u003e\u003ch3\u003eTheory, Analysis and Policy\u003c\/h3\u003e\u003c\/div\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9781461356714\"\u003e\u003ch3\u003eTheory, Analysis and Policy\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Hardcover - 9780792373070","offer_id":51485585926,"sku":"9780792373070","price":160.49,"currency_code":"EUR","in_stock":true},{"title":"Softcover - 9781461356714","offer_id":39415590125661,"sku":"9781461356714","price":160.49,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/3c745ffa-3525-4db6-90a3-9ecf5f9f5357.jpg?v=1761800758","url":"https:\/\/shop.autorenwelt.de\/products\/modelling-spatial-housing-markets-theory-analysis-and-policy-von-geoffrey-meen","provider":"Autorenwelt Shop","version":"1.0","type":"link"}