Houdini: a system dynamics model for housing market reforms

Publication

This paper describes work in progress on Houdini: a system dynamics model of the Dutch housing market focused on explaining institutional structures leading to high price increases and obstructing new supply and on proposed reforms.

The model is largely based on extensive literature on the woes of the Dutch housing market and was reviewed by a well-established expert panel, consisting of representatives of universities, ministries and national research and policy analysis institutes. The core model structure has its foundation in the diPasquale and Wheaton real estate markets model, an implicit system dynamics model. We report on the Houdini model structure, validation, base run, policy experiments and follow up activities.

PBL working paper 1

Authors

Martijn Eskinasi, Etienne Rouwette and Jac Vennix

Specifications

Publication title
Houdini: a system dynamics model for housing market reforms
Publication date
29 November 2011
Publication type
Publication
Publication language
English
Product number
92639