Peter Boelhouwer

• Delft University of Technology

The population density in megacities in China gives rise to challenges, such as traffic congestion and soaring housing prices. A trend of leaving primate cities can be observed as well as a population increase in secondary cities. These trends might point to an urbanization transition from the primate city stage to the secondary city stage. Researc...

As housing development and housing market policies involve many long-term decisions, improving house price predictions could benefit the functioning of the housing market. Therefore, in this paper, we investigate how house price predictions can be improved. In particular, the merits of Bayesian estimation techniques in enhancing house price predict...

The recent revival of the private rented sector in many regions highlights the importance of understanding the well-being of private renters. While there is a consensus that private renters are less satisfied with their life than homeowners, little attention has been given to examining the life satisfaction of private renters from different sub-sec...

In the context of skyrocketing house prices and fierce competition for talents between cities, this study explores the housing pathways of young talents and their future migration plans in Shenzhen, China. Using the housing pathways approach and Bourdieu's theory of practice with three concepts, this study uncovers how structural factors and the of...

Over the last decade, house prices have increased substantially in nearly all OECD countries. These house price increases frequently coincided with changes in mortgage credit conditions; i.e., decreases in the interest rate and increases in income. This is in line with existing literature, which finds an equilibrium relationship between mortgage cr...

In recent years, China has witnessed fierce competition for talents among cities. There is evidence that China's first-tier cities are losing their appeal for young talents due to the soaring housing prices and high living costs in first-tier cities, as well as the catch-up of next-tier cities. Therefore, uncovering what factors drive young talents...

After being neglected since the establishment of the housing market in the 1990s, China has recently shown great enthusiasm for developing the housing rental market. It is essential to understand why people choose private renting as it enables us to better identify the demands of tenants and develop policies accordingly to promote private renting....

The housing crisis in the Netherlands from an administrative perspective; backgrounds and solutions Partly as a result of major problems on the housing market and in particular the large housing shortage, there is now a lot of attention for housing in both the press and politics. After many years of focus on more market forces and decentralization,...

In recent years, Chinese housing policies have been shifting from encouraging homeownership toward developing the private rented sector, especially in the superstar cities. Nevertheless, what are the target groups and characteristics of private rental housing in Chinese superstar cities, and whether the private rental housing is capable of meeting...

The management of the public rental sector has undergone tremendous change worldwide. Especially in China, given the large supply of public rental housing (PRH) in the short term, the management of PRH (PRHM) has been faced with a series of problems. The existing PRHM is unsustainable and a new scheme has been proposed. In this study we analyze whe...

Cross‐city spillovers among housing markets are usually modelled by the classical spatial autoregressive models, which usually suffer from identification problems in practice. This paper investigates the cross‐city house price spillovers arising from city network externalities wherein a city's connections with other cities in the urban network crea...

The Dutch housing market suffered more than many other West-European housing markets from the global financial crisis. After some stimulation measures at the beginning of the crisis, the market was hit hard by several government policies in both the rented and the owner-occupied sectors. Against this background this paper pays attention to the disf...

The Netherlands is not known for the occurrence of earthquakes. This is, however, a hot topic in the province of Groningen. Because of gas extraction, this area suffered from more than 1000 earthquakes. Most of them are not very intensive, but also bigger earthquakes of between 2 and 3 on the scale of Richter have been measured. In the last few yea...

In the original publication of the article, Figure 2 was published with error. © 2018 Springer Science+Business Media B.V., part of Springer Nature

This paper applies a general spatial equilibrium model to investigate the effect that distance within urban hierarchy can have on interurban house prices. Our spatial model predicts a negative price gradient towards higher-tier cities, which can be decomposed into a ’productivity component’ and an ’amenity component’, representing respectively the...

This paper comprehensively tests the spatial interrelationships of 10 housing markets in the Pan-Pearl River Delta (Pan-PRD) in China, including the properties of spatial causality, convergence and diffusion pa

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...

The generous mortgage tax relief enjoyed in the Netherlands and the possible existence of a house price bubble cannot explain the sharp decrease of house prices in the Netherlands in the period from 2011–2013. This sharp decline can, however, be explained by the rigorous adjustments to mortgage lending criteria after 2011. Key financial institution...

This paper establishes a simple affordability model that implicitly incorporates the major Dutch market features to elucidate long-run house prices under a regulatory environment. The results reveal a long-run relationship for house prices under strict regulations. The association among house prices, income, interest rates, and inflation is verifie...

Evaluation of various house price models for explaining house price depreciation in the earthquake region in Groningen, The Netherlands

This paper comprehensively tests the spatial interrelationships of 10 housing markets in the Pan-Pearl River Delta (Pan-PRD) in China, including the properties of spatial causality, convergence and diffusion patterns. The pairwise Toda-Yamamoto Granger causality tests suggest widely existing leading-lag relationships between housing markets; a unid...

Purpose – The purpose of this paper is to investigate the nature and dimension of non-compliance (defiance) with lease agreement obligations in private rental housing market between managers (agents/private rental housing providers or landlords) and end-users (tenants – rental housing consumers), with a view to identifying challenges in rental hou...

The Dutch housing finance system is remarkable for its high level of national mortgage debt (110 percent of GDP), which is the result of the Dutch system of mortgage interest deduction for income tax and the guarantee fund for home owners. Another remarkable feature is the large social rental sector, which represents 32 percent of the housing stock...

This paper applies a general spatial equilibrium model to investigate the effect that distance within the urban hierarchy can have on interurban house prices. Our spatial model predicts a negative price gradient towards higher-tier cities, which can be decomposed into a ‘productivity component’ and an ‘amenity component’, representing respectively...

As a result of the poor economic climate and neo-liberal policies, the welfare state in many European countries is becoming more residual and is directing its efforts at seriously deprived households. This development is affecting the middle-income groups, who enjoy less protection than before and are therefore forced to become more self-supporting...

The Dutch social rental sector is known for its large size and its broad target group. It houses not only lower income groups, but also households with a middle or higher income. However, recent regulations have restricted access to the social rental sector for middle-income households (gross annual income above €34,229). This paper explores the ho...

The Dutch social rented sector has acquired an international reputation because of its social nature and the way it has evolved. With around 32 % of the total stock, the size of the sector is much bigger than in other western European countries. Also, the development of the sector after the Second World War is unique. The current position is determ...

At the beginning of the financial crisis in 2008, the Dutch housing associations were in the position to perform a kind of anti-cyclical housing production that could save, at least partially, the total housing production in the Netherlands. In this contribution, we give insight into the way the housing associations managed to fulfil this specific...

Housing reform : advisory board opinions come up against political realities in the Netherlands This article studies the way in which the world of politics is responding to the urgent need to reform the housing market in the Netherlands -a need acknowledged by more or less everyone -and examines the effectiveness and influence of university resear...

Despite the close relation between housing and government policy, housing policy forms quite a specific element of the welfare state. Moreover, the position of housing within the welfare state is far from obvious and has provoked a good deal of discussion. This article pays attention to the way housing could be incorporated in the welfare state the...

This article discusses the different dimensions of the concept ‘institution’ and the influence that institutions may have within the field of housing. A distinction is made between institutions as organisations, institutions as laws and rules, and institutions as values and norms. In addition to this, the drivers and impediments of the process of i...

This paper describes to what extent a more or less collective feeling of urgency to reform the Dutch housing market is addressed in the political arena. By doing that, it sheds some light on the effectiveness and influence of academic research and recommendations on the political decision making process. We conclude that the suggestion of several a...

Every few years the planning agencies in the Netherlands draw up a prognosis for the future housing needs on the basis of economic and demographic scenarios. It is our contention that, in applying this approach, the agencies neglect to take sufficient account of the influence of cultural dynamics. Against this background, a recent recommendatory re...

This paper describes to what extent a more or less collective feeling of urgency to reform the Dutch housing market is addressed in the political arena. By doing that, it sheds some light on the effectiveness and influence of academic research and recommendations on the political decision making process. We conclude that the suggestion of several a...

Although Dutch housing policies seem quite developed in terms of money and instruments, the Dutch housing market is not functioning effectively. Housing shortages are prevalent in areas of economic growth, property prices are high, and substantial segments of the population are experiencing accessibility and affordability problems. We think that th...

The goal of this article is to evaluate the effectiveness of the new housing policy in the Czech Republic as an example of a transitional society after the collapse of communism. The first part provides a brief history of the housing policy dating back to 1918. The second part presents the results of empirical tests of effectiveness (or equity) of...

Every few years the planning agencies in the Netherlands draw up a prognosis for the future housing needs on the basis of economic and demographic scenarios. It is our contention that, in applying this approach, the agencies neglect to take sufficient account of the influence of cultural dynamics. A recent recommendatory report by the Dutch Council...

The literature on housing markets suggests that house prices in almost all western economies can be explained by short-run demand-oriented variables and a long-run term. The basic principles of the theory are that the short-run fluctuations, which are based on recent price developments (shocks), occur due to market imperfection, while over the long...

The tradeoff between risk and return in equity markets is well established. This paper examines the existence of the same tradeoff in the single-family housing market. For home buyers, who constitute about two-thirds of U.S. households, the choice about how much housing and which house to buy is a joint consumption/investment decision. Does this co...

This paper discusses the future of the social rented sector in the Netherlands. There are several reasons why the position of this sector is currently under close scrutiny. Whereas attention to social rented housing had lapsed by the start of this century, the growing housing shortage and stagnation in the restructuring of older urban areas brought...

Housing allowances aim to make rental housing affordable for the recipients. Whether affordability for tenants is achieved in an economically efficient way is the question that is discussed in this essay. Three aspects of efficiency are focused on: disincentives to work, over-consumption of housing and horizontal inefficiency. These topics are tack...

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This paper examines the stagnation of the Dutch housing production in the late 1990s and identifies possibilities for raising production in the near future. Dutch housing production is placed in a theoretical and historical context. Special attention is devoted to the relationship between housing production, price developments, the economic cycle a...

Since the Second World War, the Dutch rental market has been subject to close government regulation. In the 1970s, however, landlords started to gain greater freedom in setting the initial rental price and in determining the level of annual rent increases. In late 2004, the government announced plans whereby the hitherto cautious liberalization of...

De woningcorporaties staan volop in de schijnwerpers. Over het bestaansrecht en functioneren van woningcorporaties worden veel discussies gevoerd. Waaraan ontlenen corporaties hun bestaansrecht en wat is dan hun rol? Voor wie zijn ze op aarde? Het zijn maatschappelijke ondernemingen, maar hoe is de verhouding tussen “maatschappelijk” en “ondernemen...

This paper discusses the future of the social rented sector in the Netherlands. There are several reasons why the position of this sector is currently under close scrutiny. Whereas attention to social rented housing had lapsed by the start of this century, the growing housing shortage and stagnation in the restructuring of older urban areas brought...

This paper addresses the coordination problems in the liberalized housing market in the Netherlands during the 1990–2004 period. In particular, the mismatch between the explosion in house prices and the stagnation in house-building activities during the past six years is under investigation. It is argued that there is still a marked discrepancy bet...

Purpose In this paper, we identify the relationship between (local) housing supply and (local) house price developments, especially in The Netherlands. Design/methodology/approach We measure the influence of new building on house prices by comparing areas designated for concentrated new building (main Dutch cities) with areas where no large housin...

A sharp drop in prices on the home owner market is not only hard to predict but also the reason why many politicians would prefer to implement any tax changes gradually, if at all. Against this backdrop, the present study explores the relationship between a change in the personal income tax treatment of home ownership and a change in house prices....

The housing system of the Netherlands has acquired an international reputation, because of its special nature and the way in which it has evolved. Scholars from abroad are particularly intrigued by the strong position of Dutch social housing: in 2003, this sector still accounted for 35% of the total housing stock. In this respect the Netherlands cl...

Housing choice and tenure choice have beenstudied from many different theoreticalperspectives and with a great variety ofmethodological approaches. In explaininghousing choice, researchers have shown theinfluence of both macrolevel (housing market,economic situation) and microlevel (age,income) factors. Relatively little attentionhas been given to...

Speculative development is significant as a way of providing new owner occupied housing in Europe. Yet because this sector of supply is developed under very different policy conditions, the relationships between new build output, housing markets and the wider economy can vary considerably. Previous research, which has sought to understand the deter...

Segregation-or, more specifically, the spatial sorting of population categories and the problems resulting from this phenomenon—has been an important policy issue in the Netherlands since the early 1990s, particularly with regard to the four biggest Dutch cities: Amsterdam, Rotterdam, The Hague, and Utrecht. This article offers some insight into wh...

In this contribution, the possibilities of capital accumulation via homeownership in the Dutch context are described. We conclude that there is dichotomy in the Dutch housing market, where in particular households owning their own house before 1992 have seen their capital grow strongly and have profited from this development both in and outside the...

The housing system of the Netherlands has acquired an international reputation because of its special nature and the way it has evolved. In this contribution, we explain how the Dutch social rented sector came to have this specific character. We establish that the position of the social rented sector is strongly influenced by developments in societ...

Veranderingen in de fiscale behandeling van het eigen-woningbezit zijn in Nederland beperkt gebleven: een beperking van de hypotheekrenteaftrek tot maximaal 30 jaar en alleen voor het hoofdverblijf. De tariefsverlagingen van de belastingherzieningen uit 1988 en 2001 leidden weliswaar tot een relatieve verzwaring van de hypotheeklasten voor de eigen...

This article deals with the questionwhether it is plausible to assume, on the basis ofexperiences in other countries and general insightsinto the operation of the market for owner-occupiedhousing, that a price correction will take place inthe market for owner-occupied dwellings in theNetherlands or rather that it is reasonable toexpect that the ris...

This introduction to the special issueon putting comparative housing research intopractice elaborates on how and why internationalcomparative housing research should be conducted. Aclassification made by Oxley is used as a frameworkfor introducing the four contributions about thefinancial aspects of housing to this special issue.

This article provides an overview of social housing management in seven West-European countries. In order to place the concept of housing management in context and allow comparison, housing management is classified according to technical, social and financial aspects of management. Housing management has become increasingly independent and the fina...

The central topic of this contribution is the financing of the social rented sector in seven countries in western Europe: the Netherlands, Belgium, Denmark, Germany, Great Britain, France and Sweden. Since 1975, the macro housing quota has increased in all seven countries, but most of all in the Netherlands. Property subsidies have been reduced; ho...

The degree to which the non-profit rented sector in Western Europe has had to adjust itself toward privatization is the subject of this article. Specifically, we examine how private financing in the non-profit rented sector is implemented in Western Europe. We also trace how these practices affect the way the sector performs in various countries. I...

The pre‐war growth and development of the social rented housing sector in Western Europe was related to substantial quantitative housing shortages, and was largely supported and controlled by central governments. However, since the 1970s there have been reductions in government subsidies for this sector and a shift away from government regulation t...

Dit onderzoek is uitgevoerd in opdracht van: Gemeente Den Haag

This contribution concerns the development of prices in the owneroccupied sector in the Netherlands. The analysis focuses on the development over two decades, from 1975 to 1995. That period may be divided into a number of phases of growth and stagnation, as defined by fluctuating house prices. Some explanations for these fluctuations are offered he...

In the period after the Second World War, the dominant position of the private rental sector in the housing market in many West European countries came to an end. Economic developments and government policy both contributed to the greatly deteriorating competitive position of the private rental sector in many countries. Although there have been com...

Deze rapportage doet verslag van een korte studie naar de prijsontwikkeling op de markt van koopwoningen. Aanleiding hiervoor vormt een onderzoeksvraag van MAB bv. Omdat deze organisatie in toenemende mate betrokken is bij de ontwikkeling van koopwoningen, wenst zij inzicht te hebben in de prijsontwikkeling van koopwoningen. Centraal in de analyses...

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Vanaf het midden van de jaren zeventig vormden discussies over de hoogte van de woonuitgaven van bewoners een belangrijk onderdeel van het volkshuisvestingsdebat. Ook voor de politiek was dit een gevoelig thema, waarnaar veel aandacht uitging. Rond het midden van de jaren tachtig verdween deze belangstelling grotendeels. Het Rijk concentreerde zich...

Medio oktober 1993 bracht het Onderzoeksinstituut OTB het rapport De woonuitgaven van huurders in vijf groeikernen uit. In het rapport werd verslag gedaan van een onderzoek naar de woonuitgaven van de huurders in vijf groeikernen: Alkmaar, Almere, Lelystad, Spijkenisse en Zoetemeer. De studie werd uitgevoerd als voorbereiding op een mogelijk SEV -e...

The foregoing article illuminated the housing policy waged for two decades in seven West European countries. That review drew attention to the ubiquitous departure from production-oriented policy (stages 1 and 2). These countries have moved ahead to deal with distributive issues and specific target groups (stage 3). At the same time, government eve...

In 1989, OTB Research Institute for Policy Sciences and Technology initiated a study of housing systems in several West European countries. Before determining the approach and design of the research project, an inventory was made of previous international comparative studies. This contribution centers on the results of this inventory. It discusses...

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Onderzoek in opdracht van het ministerie van Volkshuisvesting, Ruimtelijke Ordening en Milieubeheer.