article thumbnail

Is UK monetary policy driving private housing rents?

BankUnderground

Daniel Albuquerque and Jamie Lenney Rent prices have risen by 9% on average in England since the Bank of England’s Monetary Policy Committee (MPC) started raising interest rates in December 2021. These results also hold across regions in England. We also plot the point estimates for each English region in grey.

Policies 129
article thumbnail

The Taste Of New Mexico In A Subscription Box

PYMNTS

There’s a kind of a tradition of going into Albuquerque and trying to load up as much as you can,” Eric said. Entrepreneurs with strong regional ties, then, aren’t only starting subscription services because of their roots: They come together to form strong bonds over their shared interest in the business model, too.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The declining elasticity of US housing supply

BankUnderground

Bruno Albuquerque, Knut Are Aastveit and André Anundsen. The housing market is seen as a collection of several markets that differ not only by geography but also by other attributes, resulting in significant differential regional house price performance. Main framework to estimate local housing supply elasticities.

US 59
article thumbnail

The eCommerce Bachelor: Which City Will Get The Rose?

PYMNTS

As New Mexico’s capital city, Albuquerque naturally put in a bid, but the state’s more southern offering may prove more interesting, as it straddles the U.S.-Mexico Proponents note that, between Doña Ana County itself and the nearby El Paso region and Juarez, the region could more than satisfy the eCommerce giant’s stated requirements.