Open research questions in Housing Market and Economics
364 unresolved questions extracted from the limitations and future-work sections of 3,715 Housing Market and Economics papers in our library. Each links back to the study that raised it.
What the literature leaves open
Further research could examine the impact of teleworking on the housing market in other cities or regions. Future studies could investigate the effects of teleworking on other aspects of the housing market, such as housing prices or construction activity. Additional research could explore the relationship between teleworking and other economic or social outcomes, such as productivity or work-life balance.
The impact of the COVID-19 pandemic on the rental housing market in Tokyo is not well understood. Prior studies have not examined the effect of teleworking on housing rent gradients.
The need to incorporate housing market conditions into flood risk analysis. The lack of a risk metric that identifies whether a house enters a sub-replacement condition within a given time horizon. The importance of considering the economic viability of maintaining homes in flood-prone areas.
When Recovery Becomes Infeasible: A Markov Model of Housing Abandonment Risk in Flood‐Prone Areas · 2026 · DOIThe effects of pedestrianisation on property values remain, however, under-researched.
Reconquering the city: a difference-in-differences estimation of the effect of pedestrianisation on the attractiveness of urban areas · 2026 · DOIIn fertility research, its role has traditionally been examined through homeownership, yet the impact of housing expenditure—including mortgage payments, rent, bills, and maintenance expenses—remains underexplored.
It remains an open question whether experts’ denial of the use of reflects a lack of listing price as a consideration awareness of their use of listing price as a consideration, or simply an unwillingness to acknowledge publicly their dependence on an admittedly inappropriate piece of information.
Experts, amateurs, and real estate: An anchoring-and-adjustment perspective on property pricing decisions · 1987 · DOIThe study acknowledges the limitations of AVM when applied in contexts with high urban heterogeneity, scarcity of reliable transactional data, and limited submarket segmentation. The study notes that the accuracy of AI-powered platforms depends on the quality of the data and the complexity of the market. The study suggests that the use of AI in real estate valuation requires technical supervision, methodological traceability, and regulatory frameworks.
The study identifies a research gap in the understanding of the application of AI in real estate valuation, particularly in emerging markets. The paper notes that there is a need for further research on the technical, ethical, and regulatory challenges associated with the use of AI in real estate valuation. The study suggests that there is a need for more research on the potential of AI to improve the efficiency of the valuation process.
The traditional collateral value theory does not fully explain the impact of housing price fluctuations on credit spreads. There is a lack of understanding of the transmission mechanisms of the impact of housing price fluctuations on credit spreads.
A Study on the Mechanism of Housing Price Fluctuations Affecting Credit Spreads of Urban Investment Bonds · 2026 · DOIFurther study on the capitalization of interest rate premiums into home prices. Examination of the macro-financial effects of transferability in a mostly fixed-rate mortgage market.
Assumable Mortgages in the U.S.: Borrower Incentives, Adoption Barriers, and Market-Level Implications · 2026 · DOIThe lack of study on assumable mortgages in the context of rising rates. The need to examine the impact of administrative frictions on the adoption of assumable mortgages.
Assumable Mortgages in the U.S.: Borrower Incentives, Adoption Barriers, and Market-Level Implications · 2026 · DOIThe literature has yet to adequately map the dual nature of REITs to specific crisis typologies. There is a lack of understanding of how institutional transparency affects cross-border tail-risk contagion in REIT markets.
Institutional transparency and left-tail risk spillovers in global REIT markets: evidence from COVID-19 and U.S.–China trade shocks · 2026 · DOIThe complexity of the factors that affect real estate prices. The limited availability of data on streetscapes and real estate prices. The difficulty of analyzing the contribution of streetscapes to real estate prices on a broader scale.
The study was conducted in only a limited area of Onomichi, so the findings cannot be generalized. The road type categories used in this analysis may correlate with livability and disaster risk. The data cannot be released to the public due to privacy concerns.
There is a need to compare the risk-return performances of real estate investment funds and housing prices in Türkiye. The existing research does not provide a comprehensive analysis of the real estate investment fund industry in Türkiye.
There is a lack of studies examining the relationship between wildfires and residential property prices in Europe. The literature on wildfires and residential property prices is limited and primarily focuses on events in North America.
Assessing the Impact of Wildfires on the Swedish Housing Market: a Case Study of the 2014 Västmanland Wildfire · 2026 · DOIThe study identifies a gap in existing research on the Anchoring Effect in property valuation - Prior studies have not fully explored the implications of anchoring for valuation accuracy and reliability
ANCHORING THE EFFECTS IN PROPERTY VALUATION: A BEHAVIOURAL PERSPECTIVE IN REAL ESTATE MARKETS IN ENUGU METROPOLIS, NIGERIA · 2026 · DOIBased on the findings that anchoring significantly influences property valuation outcomes, the following recommendations are proposed: 1. Valuation firms and professionals should adopt structured and standardized valuation frameworks that emphasize objective data analysis, reduce reliance on subjective judgment and ensure consistency across valuation assignments. 2. Valuers should, where possible, conduct blind valuations by avoid exposure to listing prices, previous valuations, or client-suggested figures at the initial stage. 3. Valuers should place greater emphasis on verified comparable sales, market trends, rental and income data.
ANCHORING THE EFFECTS IN PROPERTY VALUATION: A BEHAVIOURAL PERSPECTIVE IN REAL ESTATE MARKETS IN ENUGU METROPOLIS, NIGERIA · 2026 · DOIThe huge difference between noisy real market data and ideal data. The nonlinear influence of some variables on others and low correlation between explanatory variables and the dependent variable. The presence of outliers and the need for robust methods to deal with problematic datasets.
Modern approaches to building interpretable models of the property market using machine learning on the base of mass cadastral valuation · 2026 · DOIfurther systematic study is needed - further research to better reflect the real situation and capture not only the development of road network but also public transport availability - incorporating temporal price dynamics into the modeling process
Modern approaches to building interpretable models of the property market using machine learning on the base of mass cadastral valuation · 2026 · DOITo examine the interpretability of tabular transformer models - To apply the study's framework to various contexts - To compare the performance of different tabular transformer models
Nevertheless, this study remains practical if the contribution is not understood as the ‘final word’ on the best architecture, but rather as robust evidence that tabular transformer-based models (i) work in the given urban analytical setup, (ii) can satisfactorily map patterns in spatial data sets, and (iii) can be embedded in modular AGILE: GIScience Series, 7, 15, 2026 | https://doi.
The study identifies the challenge of addressing inequality and improving housing affordability in New York City. The research highlights the need for policies to reduce the demand for luxury units and increase the supply of affordable housing. The paper notes the challenge of balancing the needs of different stakeholders, including investors, developers, and local communities.
The paper identifies a gap in the understanding of the impact of luxury units functioning as pied-à-terre on housing and wealth metrics in New York City. The study highlights the need for more research on the relationship between luxury housing and urban prosperity.
The study identifies a gap in the understanding of the relationship between market expansion and real estate investment performance in Nairobi County, Kenya.
Spatial Market Expansion and Real Estate Investment Performance in Nairobi County, Kenya · 2026 · DOI
Most-cited papers in Housing Market and Economics
- Wages, Rents, and the Quality of Life · Journal of Political Economy · 1982 · 2,169 citations
- The Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis* · The Quarterly Journal of Economics · 2009 · 1,442 citations
- Household Balance Sheets, Consumption, and the Economic Slump* · The Quarterly Journal of Economics · 2013 · 1,029 citations
- Does Air Quality Matter? Evidence from the Housing Market · Journal of Political Economy · 2005 · 933 citations
- The Effects of Property Taxes and Local Public Spending on Property Values: An Empirical Study of Tax Capitalization and the Tiebout Hypothesis · Journal of Political Economy · 1969 · 898 citations
- The Collateral Channel: How Real Estate Shocks Affect Corporate Investment · American Economic Review · 2012 · 879 citations
- Tax Subsidies to Owner-Occupied Housing: An Asset-Market Approach · The Quarterly Journal of Economics · 1984 · 818 citations
- Is There a Bubble in the Housing Market? · Brookings Papers on Economic Activity · 2003 · 814 citations
- Experts, amateurs, and real estate: An anchoring-and-adjustment perspective on property pricing decisions · Organizational Behavior and Human Decision Processes · 1987 · 727 citations
- Assessing High House Prices: Bubbles, Fundamentals and Misperceptions · The Journal of Economic Perspectives · 2005 · 679 citations
Most recent work
- Inter-city housing price causality in Fujian: contemporaneous analysis via vector error-correction and directed acyclic graph models · Quality & Quantity · 2026
- Work from Home and the Office Real Estate Apocalypse · American Economic Review · 2026
- Disentangling spatial and structural drivers of housing prices through Bayesian networks: A case study of Madrid, Barcelona, and Valencia · Cities · 2026
- Transaction Sequencing and House Price Pressures · Management Science · 2026
- The Equilibrium Effects of Eviction Policies · The Journal of Finance · 2026
- Does industrial digital transition improve urban land use efficiency? Evidence from Chinese cities · Applied Geography · 2026
- Transportation and housing markets in cities · Regional Science and Urban Economics · 2026
- Exploring barriers to valuation technology adoption in property valuation: insights from practitioners · Journal of Property Investment and Finance · 2026
- Construction and Opening Effects of a Large‐Scale Bridge Project on Real Estate Prices: Evidence From the Mumbai Trans Harbour Link · Asian Economic Policy Review · 2026
- Real Estate Price Measurement Since the Global Financial Crisis: Methods, Data and Policy Developments · Review of Income and Wealth · 2026
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