A rent index for the private rental sector in Flanders

Vastmans, Frank; Vries, Paul de

doi:10.1007/s10901-012-9318-1

Cited by 3 publications

(2 citation statements)

References 9 publications

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“…Based on the 2001 Census data, Vanneste et al (2008) found a spatial structure of rent prices that is highly dominated by Brussels, creating a gradient on the scale of the whole country. Vastmans and de Vries (2012) found that when corrected for quality improvements, rents in the Flemish Region increased by 3 % for the period 2000-2009, slightly more than inflation (2 %).…”

Section: The Belgian Regionsmentioning

confidence: 98%

“…Housing research is more highly developed in Flanders than in the other two Belgian regions. In international literature, apart from the thematic issue of Journal of Housing and the Build Environment of 2008 on Belgium, information regarding Belgium is therefore mainly defined by the situation in Flanders (e.g., van Dam et al 2003;De Decker and Pannecoucke 2004;Winters and Elsinga 2008;De Decker 2011;Vastmans and de Vries 2012;Heylen 2013;Winters 2013). In this article, we complement this picture with information on housing in the other two Belgian regions.…”

Section: Introductionmentioning

confidence: 99%

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How housing outcomes vary between the Belgian regions

Winters

Heylen

2013

J Hous and the Built Environ

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Section: The Belgian Regionsmentioning

confidence: 98%

Section: Introductionmentioning

confidence: 99%

How housing outcomes vary between the Belgian regions

Winters

Heylen

2013

J Hous and the Built Environ

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show abstract

Urban and Peri-Urban Residential Rental Markets in Wallonia: Similar or Different?

Kryvobokov¹,

Pradella²,

Rosiers

2019

Appl. Spatial Analysis

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Do market rents reflect user costs?

Goeyvaerts

Buyst

2019

Journal of Housing Economics

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Although in many countries more than twenty percent of all households rely on the private rental market for housing, the research concerning the fundamentals of rental prices has been limited. Standard capital investment theory states that the market rental price of capital services will equal the user cost of capital in equilibrium. The empirical evidence in support of the rent-user cost equivalence theorem is, however, scarce if not non-existent. We examine the relationship between market rents and the user cost of rental properties based on a unique micro data set on the earnings and costs of Flemish landlords. Robust regression estimates of portfolio-average rental earnings on portfolio-average user costs point to a strong correspondence at the micro-level. In some cases, we find a user cost coefficient which is not significantly different from one together with an intercept estimate which is not significantly different from zero even when we control for landlord characteristics.

show abstract

A rent index for the private rental sector in Flanders

Cited by 3 publications

References 9 publications

How housing outcomes vary between the Belgian regions

How housing outcomes vary between the Belgian regions

Urban and Peri-Urban Residential Rental Markets in Wallonia: Similar or Different?

Do market rents reflect user costs?

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