Replication data for: The Housing Market(s) of San Diego
Principal Investigator(s): View help for Principal Investigator(s) Tim Landvoigt; Monika Piazzesi; Martin Schneider
Version: View help for Version V1
Name | File Type | Size | Last Modified |
---|---|---|---|
programs_and_data | 12/06/2019 04:24:PM | ||
LICENSE.txt | text/plain | 14.6 KB | 12/06/2019 11:24:AM |
Project Citation:
Landvoigt, Tim, Piazzesi, Monika, and Schneider, Martin. Replication data for: The Housing Market(s) of San Diego. Nashville, TN: American Economic Association [publisher], 2015. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-06. https://doi.org/10.3886/E116133V1
Project Description
Summary:
View help for Summary
This paper uses an assignment model to understand the cross section of house prices within a metro area. Movers' demand for housing is derived from a life-cycle problem with credit market frictions. Equilibrium house prices adjust to assign houses that differ by quality to movers who differ by age, income, and wealth. To quantify the model, we measure distributions of house prices, house qualities, and mover characteristics from micro-data on San Diego County during the 2000s boom. The main result is that cheaper credit for poor households was a major driver of prices, especially at the low end of the market. (JEL D14, D91, R21, R31)
Scope of Project
JEL Classification:
View help for JEL Classification
D14 Household Saving; Personal Finance
D15 Intertemporal Household Choice; Life Cycle Models and Saving
R21 Urban, Rural, Regional, Real Estate, and Transportation Economics: Housing Demand
R31 Housing Supply and Markets
D14 Household Saving; Personal Finance
D15 Intertemporal Household Choice; Life Cycle Models and Saving
R21 Urban, Rural, Regional, Real Estate, and Transportation Economics: Housing Demand
R31 Housing Supply and Markets
Related Publications
Published Versions
Report a Problem
Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.
This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.