Vol. 20, No. 3, Autumn 2017

All articles listed here are available for download in portable document format (PDF).

A Dynamic Housing Affordability Index
An Anatomy of the Interrelationship between Equity and Mortgage REITs
Did Increased Large Bank Concentration of US Mortgage Loan Originations Explain Rising Originator Profits?
Do Economies of Scale Exist? : Evidence from Korean REITs

Market and Policy Paper
Policy-Driven Housing Cycle: The Hong Kong Case of Supply Intervention