Buying first or selling first in housing markets

Press/Media: Other

Description

Research-based policy analysis and commentary from leading economists

Espen Moen, Plamen Nenov & Florian Sniekers

Period15 Feb 2015

Media contributions

1

Media contributions

  • TitleBuying first or selling first in housing markets
    Degree of recognitionInternational
    Media name/outletVoxEU
    Media typeWeb
    Date15/02/15
    DescriptionSearch frictions are important for understanding the housing market volatility. This column shows not only that the optimal order of buying and selling depends on housing market conditions but that it also affects these conditions. This feedback leads to multiple equilibria and to fluctuations in transaction volume, average time on market, and house prices.
    URLhttps://voxeu.org/article/house-prices-buying-or-selling-first-matters
    PersonsEspen Moen, Plamen Nenov, Florian Sniekers
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