Description
Title: Is the price of housing being financed? Santiago, Chile, empirical data
Abstract: Given the importance of the housing crisis Chile is currently experiencing and the dearth of literature on the causal relationships between price and other variables for the case under study, this paper empirically examines the impact of financial factors on housing prices in Chile. According to the theory, a variety of financial factors significantly affect housing costs, and because housing costs are profitable, they serve as a financial investment magnet. A Granger causality test is used on a weekly data series spanning the years 2009–2018 to conduct the statistical test. The findings show that the causality hypothesis is likely to be correct. On the one hand, Chilean housing prices are impacted by the role of the global stock market. The housing prices and the Chilean Central Bank have a strong causal relationship. The article is organized so that the test’s methods and data are explained in the second section, the results are analyzed and discussed in the third section, and the concluding remarks allow for further research and policy implications of the findings. By adding financial variables, these findings are useful in complicating Chile’s housing policy.
Keywords: financialization; housing prices; Granger Causality; Chile
Paper Quality: SCOPUS / Web of Science Level Research Paper
Subject: Economics
Writer Experience: 20+ Years
Plagiarism Report: Turnitin Plagiarism Report will be less than 10%
Restriction: Only one author may purchase a single paper. The paper will then indicate that it is out of stock.
What will I get after the purchase?
A turnitin plagiarism report of less than 10% in a pdf file and a full research paper in a word document.
In case you have any questions related to this research paper, please feel free to call/ WhatsApp on +919726999915
Reviews
There are no reviews yet.