{"title":"住房问题即将结束?","authors":"Daniel Chertok","doi":"10.2139/ssrn.1941791","DOIUrl":null,"url":null,"abstract":"A historical relationship between home prices and family income is examined based on more than 40 years of data. A new home affordability ratio based on the average home price, family income and mortgage rates is analyzed in the historical context. This indicator is used to gauge the current state of the residential housing market in the United States. Historical data points to an imminent but slow recovery in the housing market over the next few years.","PeriodicalId":306816,"journal":{"name":"Econometrics: Applied Econometric Modeling in Microeconomics eJournal","volume":"38 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2011-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"End in Sight for Housing Troubles?\",\"authors\":\"Daniel Chertok\",\"doi\":\"10.2139/ssrn.1941791\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"A historical relationship between home prices and family income is examined based on more than 40 years of data. A new home affordability ratio based on the average home price, family income and mortgage rates is analyzed in the historical context. This indicator is used to gauge the current state of the residential housing market in the United States. Historical data points to an imminent but slow recovery in the housing market over the next few years.\",\"PeriodicalId\":306816,\"journal\":{\"name\":\"Econometrics: Applied Econometric Modeling in Microeconomics eJournal\",\"volume\":\"38 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2011-10-10\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Econometrics: Applied Econometric Modeling in Microeconomics eJournal\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.1941791\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Econometrics: Applied Econometric Modeling in Microeconomics eJournal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.1941791","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
A historical relationship between home prices and family income is examined based on more than 40 years of data. A new home affordability ratio based on the average home price, family income and mortgage rates is analyzed in the historical context. This indicator is used to gauge the current state of the residential housing market in the United States. Historical data points to an imminent but slow recovery in the housing market over the next few years.