Print Email Facebook Twitter The mismatch between conventional house price modeling and regulated markets Title The mismatch between conventional house price modeling and regulated markets: insights from The Netherlands Author Tu, Q. (TU Delft OLD Housing Systems) de Haan, J. (TU Delft OLD Housing Systems; Statistics Netherlands (CBS)) Boelhouwer, P.J. (TU Delft OLD Housing Systems; TU Delft OLD OTB – Research for the Built Environment) Department OLD OTB – Research for the Built Environment Date 2016 Abstract House price modeling has been frequently used to investigate the dynamics of housing markets, especially competitive markets; yet less attention has been given to markets that have experienced considerable interventions. The aim of this study is to demonstrate a mismatch between conventional house price models and the case of the Netherlands and to provide reasons of such mismatch. We first describe and classify the conventional house price models into asset-pricing house price model, stock-flow model, multi-period utility model, and repayment model. These models are subsequently applied to the Netherlands, where considerable government interventions took place. As expected, the empirical results are unsatisfactory to explain the Dutch house price development. The degree of mismatch of the repayment model and the multi-period utility model, however, seems to be fairly limited. Subject House pricesInterventionMismatchModelingThe Netherlands To reference this document use: http://resolver.tudelft.nl/uuid:a58666f0-d924-486f-9fc3-d192537024e7 DOI https://doi.org/10.1007/s10901-016-9529-y ISSN 1566-4910 Source Journal of Housing and the Built Environment, 32 (2017) (3), 599-619 Part of collection Institutional Repository Document type journal article Rights © 2016 Q. Tu, J. de Haan, P.J. Boelhouwer Files PDF art_10.1007_s10901_016_9529_y.pdf 727.29 KB Close viewer /islandora/object/uuid:a58666f0-d924-486f-9fc3-d192537024e7/datastream/OBJ/view