RT info:eu-repo/semantics/article
T1 Local political power and housing bubble in Spain
T2 Política local y burbuja Inmobiliaria en España
A1 Esteban Galarza, Marisol
A1 Altuzarra Artola, Amaia
K1 Empty dwellings
K1 Housing bubble
K1 Local power
K1 Viviendas vacías
K1 Burbuja inmobiliaria
K1 Partidos políticos locales
K1 Economía
K1 Economics
K1 Geografía
K1 Geography
K1 Sociología
K1 Sociology
AB This paper provides empirical evidence of the role of local politiciansin the development of the housing bubble in Spain. It intends to determine empirically whether different political ideologies matter and whether municipalities run by different political parties show housing bubbles of different intensity. We work with all municipalities over 25,000 inhabitants. We measure political ideology according to the political party to which the mayor of a municipality belongs. The housing bubble is proxied by the stock of unsold new dwellings. Theresults suggest an association between the local political ideology and existing unsold new dwellings. Municipalities governed by right-wing mayors have a higher number and share of unsold new dwellings than those governed by centre-left and left-wing mayors.
PB Asociación Española de Ciencia Regional (AECR)
SN 2340-2717
YR 2016
FD 2016
LK http://hdl.handle.net/10017/27120
UL http://hdl.handle.net/10017/27120
LA eng
DS MINDS@UW
RD 20-abr-2024