{"title":"International Housing Returns around the Financial Crisis: Disentangling Credit Supply and Demand Shocks","authors":"R. C. Campbell, Kenneth D. Roskelley","doi":"10.1080/08965803.2021.2014624","DOIUrl":"https://doi.org/10.1080/08965803.2021.2014624","url":null,"abstract":"","PeriodicalId":51567,"journal":{"name":"Journal of Real Estate Research","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2022-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44492901","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Trading and Volatility in Dual Market: Theory and Evidence from Real Estate","authors":"Lingxiao Li, B. Zhu","doi":"10.1080/08965803.2021.2011558","DOIUrl":"https://doi.org/10.1080/08965803.2021.2011558","url":null,"abstract":"","PeriodicalId":51567,"journal":{"name":"Journal of Real Estate Research","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2022-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42277881","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Monetary Policy Shifts, Dividends and REIT Momentum","authors":"Tyler K. Jensen, Tracy M. Turner","doi":"10.1080/08965803.2021.2011557","DOIUrl":"https://doi.org/10.1080/08965803.2021.2011557","url":null,"abstract":"","PeriodicalId":51567,"journal":{"name":"Journal of Real Estate Research","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2022-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49597479","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Spatial Effects of Air Pollution on the Housing Market: Evidence from South Korea","authors":"Jiajun Lu, Youngju Lee","doi":"10.1080/08965803.2021.2008109","DOIUrl":"https://doi.org/10.1080/08965803.2021.2008109","url":null,"abstract":"","PeriodicalId":51567,"journal":{"name":"Journal of Real Estate Research","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2022-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44891523","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Initial Public Offerings and Local Housing Markets","authors":"T. Nguyen, Arsenio Staer, J. Yang","doi":"10.1080/08965803.2021.2011559","DOIUrl":"https://doi.org/10.1080/08965803.2021.2011559","url":null,"abstract":"","PeriodicalId":51567,"journal":{"name":"Journal of Real Estate Research","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2022-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45019150","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Heterogeneous Foreclosure Discounts of Homes","authors":"R. Siebert","doi":"10.1080/08965803.2020.1833508","DOIUrl":"https://doi.org/10.1080/08965803.2020.1833508","url":null,"abstract":"When the foreclosure crisis hit the U.S. housing market, there was little consensus on which homeowners were affected the most by home value impairment. The goal of this study is to flexibly estimate house-specific foreclosure discounts and to explore the merits of heterogeneous foreclosure discounts across market segments. I use a comprehensive dataset that encompasses home transactions from 2000 to 2020 in Florida and Indiana. Summary statistics show that foreclosures are realized across the entire home value and home size distributions. I estimate a structural model that builds on Rosen (1974) and Bajari and Benkard (2005) and estimates a price function using a weighted least squares regression approach. The estimation results show that foreclosure discounts in Indiana are higher than in Florida. In Indiana, foreclosed homes lost the most value at the lower part of the house value distribution. Moreover, owners of foreclosed large houses experienced immense value losses, and this applies to every city. In Indiana, houses at the lower part of the house size distribution also suffered from large foreclosure discounts, while Floridian houses lost significantly less value in this market segment. I also find that homes in neighborhoods with higher mortgages, urbanization, median incomes, and education rates realize higher foreclosure discounts. Neighborhoods with smaller Asian, Black, and Hispanic populations experienced higher foreclosure discounts. JEL: R2, R3, C1, L1, L6, O3.","PeriodicalId":51567,"journal":{"name":"Journal of Real Estate Research","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2021-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45823831","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Jackson T. Anderson, J. Freybote, David J. Lucus, Michael J. Seiler, Lauren Simon
{"title":"Using Artificial Intelligence to Identify Strategic Mortgage Default Attitudes","authors":"Jackson T. Anderson, J. Freybote, David J. Lucus, Michael J. Seiler, Lauren Simon","doi":"10.1080/08965803.2021.2009621","DOIUrl":"https://doi.org/10.1080/08965803.2021.2009621","url":null,"abstract":"","PeriodicalId":51567,"journal":{"name":"Journal of Real Estate Research","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2021-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47823363","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Rewarding a Long-Term Investment Strategy: REITs","authors":"Zifeng Feng,William G. Hardin,Chongyu Wang","doi":"10.1080/08965803.2021.2001896","DOIUrl":"https://doi.org/10.1080/08965803.2021.2001896","url":null,"abstract":"","PeriodicalId":51567,"journal":{"name":"Journal of Real Estate Research","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2021-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138534425","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Forecasting US Commercial Property Price Indexes Using Dynamic Factor Models","authors":"Alex van de Minne,Marc Francke,David Geltner","doi":"10.1080/08965803.2020.1840802","DOIUrl":"https://doi.org/10.1080/08965803.2020.1840802","url":null,"abstract":"","PeriodicalId":51567,"journal":{"name":"Journal of Real Estate Research","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2021-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138534495","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}