Using data on 50 million home sales from the recent US housing cycle, we document that
much of the variation in volume came from the rise and fall in short-term speculation. Cities …

This paper examines the impact of a policy change in transaction tax on speculators. The
policy intervention took place in Singapore's housing market; it effectively raised the …

With the data of housing transaction records of Shanghai during 2004–2015, this paper
comprehensively analyzes the housing market in this metropolis, and pays special attention …

Some real estate investors engage in short-term trading in spite of the high transaction costs
that this involves. While previous studies have identified various incentives that encourage …

Features trading strategies for a variety of asset classes and trading styles including stocks,
options, fixed income, futures, ETFs, indexes, commodities, foreign exchange, convertibles …

This paper examines the impacts of local housing sentiments on the housing price dynamics
of China. With a massive second-hand transaction dataset, we construct monthly local …

To date, no empirical study has examined the impact of negative gearing and other factors
on residential investors' decisions using quantitative analysis. We applied a structural vector …

China's housing purchase restriction (HPR) policy imposes administrative restrictions on
households' home purchase eligibility to curb speculative demand. We quantify households' …

Real estate markets are known to be less-than-efficient for many reasons, but what roles
short-term trading plays are unclear. Do short-term investors bring additional risk to the …

This study probably marks the first attempt to differentiate between investment and owner-
occupancy when measuring real estate price bubbles. The housing tenure and leverage …