| With a total value of around 1.4 trillion euros the Dutch housing market represents one of the largest wealth components of our national economic system. Although these numbers and amounts are massive, a lot of insights on how the housing market functions are still lacking today. In this research project we will employ a unique data set of over 5 million Dutch house transactions, which allow us to examine the drivers of house prices on both the national and local level. Since the housing market is a collection of very heterogeneous goods we will focus on how to disentangle the various attributes of individual houses, which enables us to isolate genuine price dynamics from changes in the overall quality standards over time. Once we gather sufficient insights in the functioning of house price dynamics we will focus on how to manage on these insights, both from a corporate and policy viewpoint. |
