{"id":"https://openalex.org/W1544165035","doi":"https://doi.org/10.1108/17538270910939574","title":"Price bubbles in housing markets","display_name":"Price bubbles in housing markets","publication_year":2009,"publication_date":"2009-02-28","ids":{"openalex":"https://openalex.org/W1544165035","doi":"https://doi.org/10.1108/17538270910939574","mag":"1544165035"},"language":"en","primary_location":{"id":"doi:10.1108/17538270910939574","doi":"https://doi.org/10.1108/17538270910939574","is_oa":false,"landing_page_url":"https://doi.org/10.1108/17538270910939574","pdf_url":null,"source":{"id":"https://openalex.org/S194468602","display_name":"International Journal of Housing Markets and Analysis","issn_l":"1753-8270","issn":["1753-8270","1753-8289"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Housing Markets and Analysis","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5038352901","display_name":"Hans Lind","orcid":"https://orcid.org/0000-0003-3702-1502","observed_orcids":["https://orcid.org/0000-0003-3702-1502","https://orcid.org/0000-0001-6778-7467"]},"institutions":[{"id":"https://openalex.org/I86987016","display_name":"KTH Royal Institute of Technology","ror":"https://ror.org/026vcq606","country_code":"SE","type":"education","lineage":["https://openalex.org/I86987016"]}],"countries":["SE"],"is_corresponding":true,"raw_author_name":"Hans Lind","raw_affiliation_strings":["Division of Building and Real Estate Economics, Royal Institute of Technology, Stockholm, Sweden"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Division of Building and Real Estate Economics, Royal Institute of Technology, Stockholm, Sweden","institution_ids":["https://openalex.org/I86987016"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5038352901"],"corresponding_institution_ids":["https://openalex.org/I86987016"],"apc_list":null,"apc_paid":null,"fwci":6.6697,"has_fulltext":false,"cited_by_count":72,"citation_normalized_percentile":{"value":0.96110004,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":94,"max":99},"biblio":{"volume":"2","issue":"1","first_page":"78","last_page":"90"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10632","display_name":"Housing Market and Economics","score":0.9702000021934509,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10632","display_name":"Housing Market and Economics","score":0.9702000021934509,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.02019999921321869,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.002400000113993883,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/housing-bubble","display_name":"housing bubble","score":0.7170000076293945},{"id":"https://openalex.org/keywords/price-bubbles","display_name":"price bubbles","score":0.7680000066757202},{"id":"https://openalex.org/keywords/price-expectations","display_name":"price expectations","score":0.47600001096725464},{"id":"https://openalex.org/keywords/price-elasticity-of-supply","display_name":"supply elasticity","score":0.6470000147819519},{"id":"https://openalex.org/keywords/interest-expenses","display_name":"interest expenses","score":0.5130000114440918},{"id":"https://openalex.org/keywords/credit-conditions","display_name":"credit conditions","score":0.8270000219345093},{"id":"https://openalex.org/keywords/financial-stability","display_name":"financial stability","score":0.8659999966621399},{"id":"https://openalex.org/keywords/housing-prices","display_name":"housing prices","score":0.4020000100135803}],"concepts":[{"id":"https://openalex.org/C2776950860","wikidata":"https://www.wikidata.org/wiki/Q2914681","display_name":"Originality","level":3,"score":0.6488182544708252},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6244587898254395},{"id":"https://openalex.org/C201543015","wikidata":"https://www.wikidata.org/wiki/Q207781","display_name":"Economic bubble","level":2,"score":0.5170453190803528},{"id":"https://openalex.org/C157915830","wikidata":"https://www.wikidata.org/wiki/Q2928001","display_name":"Bubble","level":2,"score":0.5158457159996033},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.4420900046825409},{"id":"https://openalex.org/C177264268","wikidata":"https://www.wikidata.org/wiki/Q1514741","display_name":"Set (abstract data type)","level":2,"score":0.43301916122436523},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3858030438423157},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3655451536178589},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.34748417139053345},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.291096568107605},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.17488786578178406},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.15551531314849854},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.12430909276008606},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.09045842289924622},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.0},{"id":"https://openalex.org/C190248442","wikidata":"https://www.wikidata.org/wiki/Q839486","display_name":"Qualitative research","level":2,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0},{"id":"https://openalex.org/C173608175","wikidata":"https://www.wikidata.org/wiki/Q232661","display_name":"Parallel computing","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1108/17538270910939574","doi":"https://doi.org/10.1108/17538270910939574","is_oa":false,"landing_page_url":"https://doi.org/10.1108/17538270910939574","pdf_url":null,"source":{"id":"https://openalex.org/S194468602","display_name":"International Journal of Housing Markets and Analysis","issn_l":"1753-8270","issn":["1753-8270","1753-8289"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Housing Markets and Analysis","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":27,"referenced_works":["https://openalex.org/W1497909648","https://openalex.org/W1562088699","https://openalex.org/W1744301115","https://openalex.org/W1973064750","https://openalex.org/W1973473204","https://openalex.org/W1996270497","https://openalex.org/W2039137647","https://openalex.org/W2049743915","https://openalex.org/W2063760617","https://openalex.org/W2064585333","https://openalex.org/W2068120155","https://openalex.org/W2076585926","https://openalex.org/W2082577868","https://openalex.org/W2098283264","https://openalex.org/W2103905988","https://openalex.org/W2113877806","https://openalex.org/W2115814298","https://openalex.org/W2138918663","https://openalex.org/W2146649587","https://openalex.org/W2154264367","https://openalex.org/W2769320280","https://openalex.org/W3121127434","https://openalex.org/W3122156058","https://openalex.org/W3123076868","https://openalex.org/W3123475679","https://openalex.org/W3126054673","https://openalex.org/W4231282061"],"related_works":["https://openalex.org/W7097761161","https://openalex.org/W2609776272","https://openalex.org/W2604071571","https://openalex.org/W2946002783","https://openalex.org/W3122156058","https://openalex.org/W2281074439","https://openalex.org/W3175154269","https://openalex.org/W2003293937","https://openalex.org/W2612553055","https://openalex.org/W7100463302"],"abstract_inverted_index":{"Purpose":[0],"The":[1,28,71,113,142,216,242],"purpose":[2],"of":[3,11,24,60,76,105,108,111,123,157,173,195,204,225,230,245],"this":[4],"paper":[5,29],"is":[6,30,82,89,102,218],"to":[7,16,40,57,119,152],"clarify":[8],"the":[9,44,58,86,103,106,155,167,171,181,231],"concept":[10,87,224],"bubble,":[12,226],"what":[13],"it":[14],"means":[15],"explain":[17],"a":[18,22,33,62,68,98,109,121,130,139,202,219,227],"bubble":[19,25,50,92,196],"and":[20,36,161,170,180,208,221,236],"propose":[21],"list":[23,143,172,194,244],"indicators.":[26,251],"Design/methodology/approach":[27],"based":[31],"on":[32],"literature":[34],"review":[35],"some":[37],"philosophical":[38],"ideas":[39],"derive":[41,120],"conclusions":[42],"for":[43,146,184,201,211],"problems":[45],"studied.":[46],"Findings":[47],"A":[48,91,192],"price":[49,159],"should":[51,175,239],"be":[52,95,136,176,199,240],"defined":[53],"only":[54],"in":[55,74,133,150],"relation":[56,151],"development":[59,186],"prices:":[61],"dramatic":[63,69,131,140],"increase":[64,132],"immediately":[65],"followed":[66,137],"by":[67,80,97,138],"fall.":[70,141],"traditional":[72],"definition":[73],"terms":[75],"prices":[77,134],"not":[78],"determined":[79],"fundamentals":[81],"problematic":[83],"primarily":[84],"because":[85],"\u201cfundamentals\u201d":[88],"vague.":[90],"can":[93],"never":[94],"explained":[96],"single":[99],"factor,":[100],"but":[101],"result":[104],"interaction":[107],"number":[110,203],"factors.":[112],"explanatory":[114,168],"factors":[115],"proposed":[116,243],"are":[117],"used":[118],"set":[122],"indicators":[124,174,197,246],"working":[125],"as":[126,178],"warning":[127],"signals":[128],"whether":[129,233],"will":[135],"developed":[144,193],"covers,":[145],"example,":[147],"interest":[148],"costs":[149],"household":[153],"incomes,":[154],"elasticity":[156],"supply,":[158],"expectations":[160],"credit":[162],"conditions.":[163],"Research":[164],"limitations/implications":[165],"Both":[166],"framework":[169],"seen":[177],"preliminary":[179],"starting":[182],"point":[183],"further":[185],"through":[187],"empirical":[188],"testing.":[189],"Practical":[190],"implications":[191],"could":[198],"useful":[200,223],"actors,":[205],"e.g.":[206],"banks":[207],"authorities":[209],"responsible":[210],"monitoring":[212],"financial":[213],"stability.":[214],"Originality/value":[215],"contribution":[217],"clearer":[220,228],"more":[222],"separation":[229],"question":[232],"bubbles":[234],"exist":[235],"how":[237],"they":[238],"explained.":[241],"goes":[247],"far":[248],"beyond":[249],"earlier":[250]},"counts_by_year":[{"year":2026,"cited_by_count":4},{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":8},{"year":2021,"cited_by_count":8},{"year":2020,"cited_by_count":6},{"year":2019,"cited_by_count":5},{"year":2018,"cited_by_count":5},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":5},{"year":2015,"cited_by_count":5},{"year":2014,"cited_by_count":3},{"year":2012,"cited_by_count":2}],"updated_date":"2026-11-03T10:50:19.383937","created_date":"2016-06-24T00:00:00"}