Housing and setting constraints: the portuguese evidence
Autor(a) principal: | |
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Data de Publicação: | 2022 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/11144/5625 |
Resumo: | In the last few decades, Portugal has witnessed an extraordinary quantitative and qualitative transformation in housing provision. The pace of housing construction was so extensive that the contemporary real estate market is currently characterized by an excessive supply, vis-à-vis the resident population. In this study, we discuss the impact of the financial process on the housing sector in comparison with tenancy. We consider transaction prices of the housing assignments, either through acquisition or through tenancy. The recent shock resulting from the pandemic situation did not slow down house prices but caused a slight drop in rents. The model used proposes to analyze the fluctuations in prices and rents in the face of external shocks. In the residential market, the estimation is complex due to the many heterogeneous attributes of residential assets. Non-fluctuating variables, such as size, location, and external demand for homes, explain a large part of the variation in price levels included in the model. |
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Housing and setting constraints: the portuguese evidencehouse pricestenancyhousing markethousing expensesprice fluctuationIn the last few decades, Portugal has witnessed an extraordinary quantitative and qualitative transformation in housing provision. The pace of housing construction was so extensive that the contemporary real estate market is currently characterized by an excessive supply, vis-à-vis the resident population. In this study, we discuss the impact of the financial process on the housing sector in comparison with tenancy. We consider transaction prices of the housing assignments, either through acquisition or through tenancy. The recent shock resulting from the pandemic situation did not slow down house prices but caused a slight drop in rents. The model used proposes to analyze the fluctuations in prices and rents in the face of external shocks. In the residential market, the estimation is complex due to the many heterogeneous attributes of residential assets. Non-fluctuating variables, such as size, location, and external demand for homes, explain a large part of the variation in price levels included in the model.MDPI2022-10-10T09:55:22Z2022-09-01T00:00:00Z2022-09info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/11144/5625enghttps://doi.org/ 10.3390/su141811720Santos, António DuarteCastro, Hélioinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-01-11T02:19:06Zoai:repositorio.ual.pt:11144/5625Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T01:33:44.573050Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Housing and setting constraints: the portuguese evidence |
title |
Housing and setting constraints: the portuguese evidence |
spellingShingle |
Housing and setting constraints: the portuguese evidence Santos, António Duarte house prices tenancy housing market housing expenses price fluctuation |
title_short |
Housing and setting constraints: the portuguese evidence |
title_full |
Housing and setting constraints: the portuguese evidence |
title_fullStr |
Housing and setting constraints: the portuguese evidence |
title_full_unstemmed |
Housing and setting constraints: the portuguese evidence |
title_sort |
Housing and setting constraints: the portuguese evidence |
author |
Santos, António Duarte |
author_facet |
Santos, António Duarte Castro, Hélio |
author_role |
author |
author2 |
Castro, Hélio |
author2_role |
author |
dc.contributor.author.fl_str_mv |
Santos, António Duarte Castro, Hélio |
dc.subject.por.fl_str_mv |
house prices tenancy housing market housing expenses price fluctuation |
topic |
house prices tenancy housing market housing expenses price fluctuation |
description |
In the last few decades, Portugal has witnessed an extraordinary quantitative and qualitative transformation in housing provision. The pace of housing construction was so extensive that the contemporary real estate market is currently characterized by an excessive supply, vis-à-vis the resident population. In this study, we discuss the impact of the financial process on the housing sector in comparison with tenancy. We consider transaction prices of the housing assignments, either through acquisition or through tenancy. The recent shock resulting from the pandemic situation did not slow down house prices but caused a slight drop in rents. The model used proposes to analyze the fluctuations in prices and rents in the face of external shocks. In the residential market, the estimation is complex due to the many heterogeneous attributes of residential assets. Non-fluctuating variables, such as size, location, and external demand for homes, explain a large part of the variation in price levels included in the model. |
publishDate |
2022 |
dc.date.none.fl_str_mv |
2022-10-10T09:55:22Z 2022-09-01T00:00:00Z 2022-09 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/11144/5625 |
url |
http://hdl.handle.net/11144/5625 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
https://doi.org/ 10.3390/su141811720 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
MDPI |
publisher.none.fl_str_mv |
MDPI |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
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1799136815833153536 |