Residential building permits in urban counties: 1990-1997

Citation
Jf. Mcdonald et Dp. Mcmillen, Residential building permits in urban counties: 1990-1997, J HOUS ECON, 9(3), 2000, pp. 175-186
Citations number
21
Categorie Soggetti
Economics
Journal title
JOURNAL OF HOUSING ECONOMICS
ISSN journal
10511377 → ACNP
Volume
9
Issue
3
Year of publication
2000
Pages
175 - 186
Database
ISI
SICI code
1051-1377(200009)9:3<175:RBPIUC>2.0.ZU;2-A
Abstract
This paper presents simple empirical models of residential building permits for urban counties in the United States for the period 1990-1997. Building permits, as a percentage of the housing stock, are greater the larger are population growth, the proportion of units that are old (built before 1940) , and the proportion of units that are new. A higher initial vacancy rate r educes building permits. (C) 2000 Academic Press.