Wright, R.E. and Levin, E. J. and Montagnoli, A. (2009) Demographic change and the housing market : evidence from a comparison of Scotland and England. Urban Studies, 46 (1). pp. 27-43. ISSN 0042-0980Full text not available in this repository. (Request a copy from the Strathclyde author)
This paper examines the impact of demographic change on the housing market. More specifically, a difference-in-differences methodology is used to explore the effect of population decline and population ageing on house prices in Scotland and England/Wales. The analysis suggests that population decline and population ageing put downward pressure on prices. Therefore, the long-run trend of rising real house prices can not be assumed to continue into the future, particularly in Scotland.
|Keywords:||demographic change, housing, Scotland, England, Economic Theory, Environmental Science (miscellaneous), Urban Studies|
|Subjects:||Social Sciences > Economic Theory|
|Department:||Strathclyde Business School > Economics|
|Depositing user:||Mrs Kirsty Fontanella|
|Date Deposited:||19 Feb 2010 17:25|
|Last modified:||06 Jan 2017 07:02|