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Independent.IE (Ireland):
Capital needs cheaper homes, not higher debts

7 July 2016

There is another house price bubble under way in the Dublin area. Notwithstanding the efforts by the Central Bank to keep mortgage credit under control, some extraordinary prices have been quoted recently for the small parcels of land that become available. ...
Two researchers at the London School of Economics, Christian Hilber and Wouter Vermeulen, have just released a paper in The Economic Journal looking at the development of house prices in the United Kingdom in recent decades and the role played by planning restrictions.

This article was re-published online by the Independent.ie (Ireland) on July 7, 2016. It was originally published on 17/04/2016.
Link to article here

Related article
April 10, 2016
Vox
Regulation is to blame for England's surge in house prices, Christian Hilber and Wouter Vermeulen

Related publications
The Impact of Supply Constraints on House Prices in England, C. A. L. Hilber and Wouter Vermeulen, Economic Journal 126(591): 358–405, March 2016.
The Impact of Supply Constraints on House Prices in England, Christian A. L. Hilber and Wouter Vermeulen, Urban Programme [SERC] Discussion Paper No.119, September 2012

Related links
Christian Hilber webpage
Urban Programme webpage

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