Current Issues in Tourism,
Год журнала:
2023,
Номер
unknown, С. 1 - 20
Опубликована: Дек. 27, 2023
Despite
discussions
on
the
rise
of
short-term
rentals
and
their
socioeconomic
consequences,
there
are
limited
theoretical
underpinnings
explaining
suppliers’
decisions
to
join
or
leave
rental
market.
On
basis
prospect
theory,
we
analyze
economic
gains
losses
involved
in
(not)
host
impact
such
market
actors’
decisions.
Using
a
panel
dataset
short-
long-term
markets
Manhattan,
New
York
(2017–2022),
analyzed
increases
decreases
Airbnb
supply
using
spatial
model.
We
find
that
have
different
elasticity
losses.
A
risk-seeking
attitude
is
observed
market,
whereas
exhibit
risk-averse
attitude.
The
findings
highlight
attitudes
toward
heterogeneity
Regional Studies,
Год журнала:
2024,
Номер
unknown, С. 1 - 16
Опубликована: Дек. 10, 2024
While
several
studies
analyse
house
price
linkages
within
cities
or
regions,
none
estimates
the
impact
of
COVID-19
pandemic
on
housing
dynamics
between
and
regions.
We
fill
this
gap
in
literature
by
examining
a
network
core
regional
Australia
using
Diebold–Yilmaz's
variance
decomposition
approach
2012.
Compared
with
pre-pandemic
period,
caused
significant
change,
significantly
linked
to
driving
volatility
prices.
The
findings
our
study
have
important
implications
for
real
estate
investors
as
well
urban
planners.
International Journal of Housing Markets and Analysis,
Год журнала:
2024,
Номер
unknown
Опубликована: Окт. 30, 2024
Purpose
This
paper
aims
to
investigate
the
effect
of
COVID-19
pandemic
market
shock
on
house
pricing,
time-on-market
(TOM)
and
probability-of-sale
functions
using
local
multiple
listing
service
data
from
Richmond,
Virginia,
USA.
Design/methodology/approach
The
empirical
analyses
use
a
two-stage
residual
inclusion
model
simultaneously
address
endogeneity
nonlinearity
in
modeling
sales
price
TOM,
Heckman
procedure
account
for
sample
selection
bias
estimating
probability-of-sale.
Findings
not
only
directly
impacted
average
home
prices,
TOM
probability-of-sale,
but
it
also
caused
coefficients
some
factors
that
influence
these
metrics
change
while
others
were
stable
exogenous
pandemic.
authors
find
hedonic
models
did
shift
instantaneously;
instead,
impact
evolved
over
several
months
at
beginning
until
stabilization.
Originality/value
results
should
be
interest
buyers
sellers
residential
properties,
agents
specializing
properties
researchers
looking
better
capture
events
housing
prices
buyer
preferences.
International Journal of Housing Markets and Analysis,
Год журнала:
2023,
Номер
unknown
Опубликована: Ноя. 20, 2023
Purpose
Monetary
policy
has
major
impacts
on
macroeconomic
indicators
of
the
country.
Accordingly,
uncertainty
regarding
monetary
shifts
can
cause
challenges
and
risks
for
businesses,
financial
markets
investors.
Thus,
purpose
this
study
is
to
investigate
how
real
estate
market
volatility
responds
uncertainty.
Design/methodology/approach
The
GARCH-MIDAS
model
applied
in
nexus
between
volatility.
This
was
fundamentally
instituted
accommodate
low-frequency
variables.
Findings
results
reveal
that
increased
highly
affects
during
peak
period
COVID-19
as
compared
full
sample
recovery
period;
hence,
a
significant
decline
evident
crisis.
Originality/value
particularly
focused
considering
geographical
region
Greece,
Japan
USA.
provides
complete
perspective
three
distinct
economic
views.
Journal of risk and financial management,
Год журнала:
2023,
Номер
16(3), С. 167 - 167
Опубликована: Март 2, 2023
COVID-19
has
made
virtual
interactions
an
integral
part
of
learning
modes.
This
it
possible
for
college
students
to
live
further
away
from
school
than
before,
which
might
change
the
house
price
neighboring
universities.
article
studies
effect
proximity
on
prices
after
outbreak
using
a
non-parametric
difference-in-differences
approach
with
property-level
transaction
data
surrounding
128
universities
in
U.S.
The
results
show
that
within
0.5
miles
experienced
maximum
decrease
approximately
7%
three
months
outbreak.
effects
vary
implemented
different
teaching
modes
in-person,
hybrid,
and
online.
Since
are
important
indicators
local
economic
conditions,
help
homeowners,
investors,
governments
their
decision-making
processes.
Real Estate Management and Valuation,
Год журнала:
2023,
Номер
31(4), С. 1 - 10
Опубликована: Дек. 1, 2023
Abstract
Turkey
is
one
of
those
countries
where
housing
market
has
been
most
severely
affected
by
COVID-19
pandemic.
Today
the
effects
outbreak
have
eliminated
significantly.
This
study
retrospectively
looks
at
days
when
world
faced
a
widespread
pandemic
and
investigates
effect
changes
in
consumer
confidence
on
prices
volatility
prices.
Considering
structural
breaks
analysis
period
(2010:q1-2022:q4
quarterly),
we
used
Lee
Strazicich
break
unit
root
test
as
research
method.
The
results
show
that
an
increase
costs
due
to
supply
chain
containment
measures
forcing
workforce
stay
home
adversely.
It
observable
expansionary
economic
policies
social
assistance
programs
positive
demand.
In
this
regard,
negative
shock
demand
pressure
are
seen
be
determinants
recent
price
increases
Turkey.
However,
while
there
relationship
between
house
prices,
statistically
insignificant.
Current Issues in Tourism,
Год журнала:
2023,
Номер
unknown, С. 1 - 20
Опубликована: Дек. 27, 2023
Despite
discussions
on
the
rise
of
short-term
rentals
and
their
socioeconomic
consequences,
there
are
limited
theoretical
underpinnings
explaining
suppliers’
decisions
to
join
or
leave
rental
market.
On
basis
prospect
theory,
we
analyze
economic
gains
losses
involved
in
(not)
host
impact
such
market
actors’
decisions.
Using
a
panel
dataset
short-
long-term
markets
Manhattan,
New
York
(2017–2022),
analyzed
increases
decreases
Airbnb
supply
using
spatial
model.
We
find
that
have
different
elasticity
losses.
A
risk-seeking
attitude
is
observed
market,
whereas
exhibit
risk-averse
attitude.
The
findings
highlight
attitudes
toward
heterogeneity
