Unveiling the mystery of “empty” buildings : a quantitative study of housing vacancy rates

• Main Authors: Goh, May Hui, Lim, Xin Hui, Toh, Eu Hao
• Other Authors: Tang Yang
• Format: Final Year Project
• Language: English
• Published: 2015
• Subjects: DRNTU::Social sciences::Economic theory
• Online Access: http://hdl.handle.net/10356/65553
• Institution: Nanyang Technological University

The theoretical relationship between housing price and housing vacancy rates is ambiguous. What causes housing vacancy rate to change? How does housing vacancy rate impact the housing prices? To address these questions, we develop a mathematical framework with solid micro foundation to study the det...