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Exceso de oferta de viviendas entre 1998 y 2008: una estimación provincial a partir de variables demográficas
[Oversupply of housing between 1998 and 2008: a regional estimate from demographic variables]

Author

Listed:
  • Fuentes Castro, Daniel

Abstract

The following work is to estimate the theoretical demand for housing in Spain given the demographic trends and the preferences of investors between 2001 and 2008. The paper shows how much of the demand does not respond to demographic factors. The stock of unsold new houses is estimated and it is placed in relation to the total stock of housing so as to have a figure of the importance of housing oversupply. The analysis is developped for each of the Spanish provinces, trying to identify main patterns at the regional level.

Suggested Citation

  • Fuentes Castro, Daniel, 2010. "Exceso de oferta de viviendas entre 1998 y 2008: una estimación provincial a partir de variables demográficas [Oversupply of housing between 1998 and 2008: a regional estimate from demographic vari," MPRA Paper 51826, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:51826
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    File URL: https://mpra.ub.uni-muenchen.de/51826/1/MPRA_paper_51826.pdf
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    References listed on IDEAS

    as
    1. Fuentes Castro, Daniel, 2009. "Una nota sobre el exceso de oferta de viviendas y la duración del ajuste del sector [A note on housing supply excess and the duration of the sector adjustment]," MPRA Paper 51609, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

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    1. Fuentes Castro, Daniel, 2010. "Una nota sobre la relevancia del sistema de amortización en el mercado hipotecario español entre 1998 y 2008 [A note of the importance of depreciation systems in the Spanish mortgage market between," MPRA Paper 51613, University Library of Munich, Germany.
    2. Fuentes Castro, Daniel, 2009. "Rentabilidad de la inversión en vivienda, apalancamiento y especulación (1996-2008) [Returns on housing investment,leverage and speculation (1996-2008)]," MPRA Paper 51607, University Library of Munich, Germany.

    More about this item

    Keywords

    Vivienda; burbuja; economía regional; mercado inmobiliario;
    All these keywords.

    JEL classification:

    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets

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