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Supply Response in an Uncertain Market: Assessing Future Implications for Activity Levels in the Irish Housing Sector

Diarmaid Addison-Smyth et al.

International Journal of Housing Policy2009https://doi.org/10.1080/14616710903138767article
ABDC B
Weight
0.43

Abstract

After ten years of unprecedented increases in both prices and activity levels, the Irish housing market has entered a period of significant decline. In 2007, Irish house prices, for the first time in recent history, experienced negative growth rates. Similarly, rates of house building began to slow appreciably and leading indicators within the housing sector suggest that house building will contract significantly in the years ahead to levels well below the record level of construction in 2006. The sustained increase in housing construction prompted by the rapid increase in prices resulted in the Irish construction sector assuming a position of considerable importance within the overall economy. A significant slowdown in housing activity could have far-reaching domestic consequences. In this paper, we use a recently developed model of the housing sector to gauge what the likely future supply levels of housing will be in response to the slowdown in demand-side pressures.

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https://doi.org/https://doi.org/10.1080/14616710903138767

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@article{diarmaid2009,
  title        = {{Supply Response in an Uncertain Market: Assessing Future Implications for Activity Levels in the Irish Housing Sector}},
  author       = {Diarmaid Addison-Smyth et al.},
  journal      = {International Journal of Housing Policy},
  year         = {2009},
  doi          = {https://doi.org/https://doi.org/10.1080/14616710903138767},
}

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Supply Response in an Uncertain Market: Assessing Future Implications for Activity Levels in the Irish Housing Sector

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Evidence weight

0.43

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.44 × 0.4 = 0.18
M · momentum0.20 × 0.15 = 0.03
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.