I am working on topic of Low Income Housing and want to study how the Speculation plays role in housing and real estate sector. If anyone has relevant literature or data regarding the above mentioned topic, which he/she can share with me. It would be really great.
I just published a paper on the governance institutions of low-income housing. Hope it may be useful to you. I also wrote a paper entitled "How can low income housing avoid becoming slum? The governance approach in China". Basically I am advocating for local government subsidy for property management fee in the context of China. That paper is available in my RG page.
Article A theoretical framework of the governance institutions of lo...
Thanks for guidance. I will, for sure, go through the article.
Regards
What does speculation due to a land market? It doesn't do just one thing. In equilibrium, less land is released for building. Prices are higher than they would be without speculation. However, in disequilibrium (when prices are rising), more land is released. As a result, the adjustment in the market is more rapid than it would otherwise be.