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Paper eres2016_313:
Synchronization of Housing Cycles: An International Perspective

id eres2016_313
authors Zelazowski, Konrad
year 2016
title Synchronization of Housing Cycles: An International Perspective
source 23rd Annual European Real Estate Society Conference in Regensburg, Germany
summary Housing markets were traditionally considered to be driven by domestic factors. However liberalization of capital flows, expansion real estate financial instruments and progressive integration of national economies significantly changed this tendency. In a globalised economy national housing markets tend to move together and their price cycles have become more synchronized.The aim of the paper is to provide comprehensive analysis of the causes and consequences of housing cycles and the major mechanisms of their synchronization. The extent of synchronization of housing cycles across developed countries is also verified.
series ERES:conference
type paper session
discussion No discussions. Post discussion ...
ratings
session Housing Economics & Housing Policy
last changed 2017/11/18 16:16
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