To buy? To rent? To each its own

Detalhes bibliográficos
Autor(a) principal: Manha, Ana Carolina Henriques
Data de Publicação: 2012
Tipo de documento: Dissertação
Idioma: por
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10071/5182
Resumo: Buying a house is one of the most important economic decisions made by many households over their life (Arce and López-Salido, 2006) and has important consequences to the economy as a whole. Portugal is a country featured by the strong own home purchase demand, as consequence of incentives to home acquisition, namely the easily accessible mortgage loans and the numerous failures on the Urban Lease Act (ULA). After successive failures on the implementation of reforms in the ULA, with the managing and financial assistance program in Portugal appears a new opportunity to new laws made in effect. This research departs from Tabner (2008) paper which analyses six hypothetical housing purchasers using the Gordon Growth Model. The same model, with the properly changes, will be applied in the Portuguese context in three distinct periods: in the early 90s; at the present time, before the expected new law; and a few years from now, when the new ULA is in effect. Its conclusions will illustrate the impacts on the financial decision of buying or renting a house depending if it is to own or to let.
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spelling To buy? To rent? To each its ownLease versus buyResidential real estateHousingHousehold financeArrendar versus comprarImobiliário residencialHabitaçãoFinanças domésticasBuying a house is one of the most important economic decisions made by many households over their life (Arce and López-Salido, 2006) and has important consequences to the economy as a whole. Portugal is a country featured by the strong own home purchase demand, as consequence of incentives to home acquisition, namely the easily accessible mortgage loans and the numerous failures on the Urban Lease Act (ULA). After successive failures on the implementation of reforms in the ULA, with the managing and financial assistance program in Portugal appears a new opportunity to new laws made in effect. This research departs from Tabner (2008) paper which analyses six hypothetical housing purchasers using the Gordon Growth Model. The same model, with the properly changes, will be applied in the Portuguese context in three distinct periods: in the early 90s; at the present time, before the expected new law; and a few years from now, when the new ULA is in effect. Its conclusions will illustrate the impacts on the financial decision of buying or renting a house depending if it is to own or to let.Comprar uma habitação é uma das mais importantes decisões económicas tomada por muitas famílias na sua vida (Arce and López-Salido, 2006) e acarreta importantes consequências para a economia como um todo. Portugal é um país caracterizado pela forte procura de aquisição de habitação própria uma vez que foi incentivado a isso pelas políticas de crédito acessível a todos e pelas muitas lacunas no Regime de Arrendamento Urbano (RAU). Após consequentes falhas na implementação das reformulações no RAU, com a chegada de apoio financeiro e simultaneamente do apoio à gestão a Portugal surge uma nova oportunidade para que novas leis sejam implementadas de facto. Esta pesquisa parte do modelo de Tabner (2008) que analisa seis hipotéticos perfis de adquirentes usando o Modelo de Crescimento de Gordon. O mesmo modelo, com as devidas alterações, é aplicado no contexto Português em três períodos distintos: no início dos anos 90; presentemente, antes do novo RAU ser aplicado; e após alguns anos, quando o novo RAU já estiver em vigor. Os seus resultados demonstrarão os impactos na decisão financeira de comprar ou arrendar uma habitação dependendo se é para o próprio ou para investimento.2013-06-20T15:27:42Z2012-01-01T00:00:00Z20122012-03info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfapplication/octet-streamhttp://hdl.handle.net/10071/5182porManha, Ana Carolina Henriquesinfo: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:RCAAP2023-11-09T18:00:40Zoai:repositorio.iscte-iul.pt:10071/5182Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:32:13.371827Repositório 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 To buy? To rent? To each its own
title To buy? To rent? To each its own
spellingShingle To buy? To rent? To each its own
Manha, Ana Carolina Henriques
Lease versus buy
Residential real estate
Housing
Household finance
Arrendar versus comprar
Imobiliário residencial
Habitação
Finanças domésticas
title_short To buy? To rent? To each its own
title_full To buy? To rent? To each its own
title_fullStr To buy? To rent? To each its own
title_full_unstemmed To buy? To rent? To each its own
title_sort To buy? To rent? To each its own
author Manha, Ana Carolina Henriques
author_facet Manha, Ana Carolina Henriques
author_role author
dc.contributor.author.fl_str_mv Manha, Ana Carolina Henriques
dc.subject.por.fl_str_mv Lease versus buy
Residential real estate
Housing
Household finance
Arrendar versus comprar
Imobiliário residencial
Habitação
Finanças domésticas
topic Lease versus buy
Residential real estate
Housing
Household finance
Arrendar versus comprar
Imobiliário residencial
Habitação
Finanças domésticas
description Buying a house is one of the most important economic decisions made by many households over their life (Arce and López-Salido, 2006) and has important consequences to the economy as a whole. Portugal is a country featured by the strong own home purchase demand, as consequence of incentives to home acquisition, namely the easily accessible mortgage loans and the numerous failures on the Urban Lease Act (ULA). After successive failures on the implementation of reforms in the ULA, with the managing and financial assistance program in Portugal appears a new opportunity to new laws made in effect. This research departs from Tabner (2008) paper which analyses six hypothetical housing purchasers using the Gordon Growth Model. The same model, with the properly changes, will be applied in the Portuguese context in three distinct periods: in the early 90s; at the present time, before the expected new law; and a few years from now, when the new ULA is in effect. Its conclusions will illustrate the impacts on the financial decision of buying or renting a house depending if it is to own or to let.
publishDate 2012
dc.date.none.fl_str_mv 2012-01-01T00:00:00Z
2012
2012-03
2013-06-20T15:27:42Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
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status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10071/5182
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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
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reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
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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
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