This dissertation examines the conversion decision of a landowner from an undeveloped or agricultural use to a subdivision in the presence of an active housing market and an active land preservation program. It utilizes a unique panel dataset and incorporates a real
Recent European data indicate that countries where a large proportion of the population lives in owner-occupied housing are experiencing higher unemployment rates than countries where the majority of people live in private rental housing, which might suggest that rental housing enhances labor
The relative low interest rate in the first part of the new millennium spurred on demand for mortgage financing and by extension also fueled the housing market, primarily in the United States. Subprime loans were incorporated into and repackaged into various ABS.