Mark Andrew

Dr. Mark Andrew joined the real estate group at Cass in January 2007. He was previously a Lecturer in Economics at the University of Reading. Mark's research interests are in the fields of housing economics, micro-econometrics and panel data analysis. Dr. Andrew has published in journals such as Real Estate Economics, Regional Science & Urban Economics, Housing Economics and the Scottish Journal of Political Economy. He has also been involved in a number of government funded projects for the DCLG and Office of the Deputy Prime Minister as well as a number of ESRC funded projects.

Qualifications

PhD in Economics (Reading).

Memberships of Professional Organisations

academic, Investment Property Forum, Dec 2012 – present academic, American Real Estate and Urban Economics Association (AREUEA), Jan 2001 – present academic, Royal Economic Society, Jan 2001 – present

Expertise

Primary Topics

• Econometrics
• Economics
• Real Estate
• Real Estate Economics

Industries/Professions

• non-profit & voluntary sector
• public sector
• real estate

Research

My research interests over the last three years involved looking at (i) the changes in young adult household formation and home ownership rates in the UK, (ii) the spatial distribution of housing affordability, (iii) house price formation. The first strand of research identifies the tightening of credit market constraints and slower earnings growth brought about by structural change in the labour market as significant factors in explaining declines of home ownership rates among the young. The second strand explores whether the mechanisms of New Economic Geography can explain the disparities in housing affordability in the UK.

Research Topics

Household Formation and Housing Tenure Choice

Explaining Falls in Young Adult Homeownership Rates

House Price Formation

Explaining how individuals form expectations

Housing Tenure Choices in the Future

Impact of Student Debt

Spatial Analysis of Housing Affordability

Theoretical and Empirical Analysis Based on Local Authority District/Housing Markets

Chapters (2)

• Andrew, M. (2012). Neoclassical models of the housing market. International Encyclopedia of Housing and Home (pp. 96–102). ISBN 978-0-08-047171-6.
• Andrew, M. and Meen, G. (2004). The Role of Housing in City Economic Performance in City Matters: Competitiveness , Cohesion and Urban Governance. In Boddy, M. and Parkinson, M. (Eds.), City matters: Competitiveness, cohesion and urban governance The Policy Press. ISBN 1-86134-444-9.

Conference Papers and Proceedings (10)

• Andrew, M., Bramely, G., Leishman, C. and White, M. (2010). Modelling Housing Affordability at the Subregional Level. 50th ERSA Congress (European Regional Science Association) 19-23 August, Jönköping, Sweden.
• Andrew, M., Bramely, G., Leishman, C. and White, M. (2010). Final Report. NHPAU Steering Group Meeting and Expert Panel London.
• Andrew, M. and Evans, A. (2009). An Anatomy of Speculation in a Housing Market Boom. 15th Pacific Rim Real Estate Society (PREES) Annual Conference 18-21 January, Sydney, Australia.
• Andrew, M., Bramely, G., Leishman, C. and White, M. (2009). Findings for Modelling Housing Affordability at the Subregional Level. NHPAU Steering Group Meeting and Expert Panel London.
• Andrew, M. (2008). The Changing Route to Owner Occupation: The Impact of Household Formation and Borrowing Constraints on Young Adult Homeownership in Britain. IREBS Symposium Regensburg, Germany.
• Andrew, M. (2008). The Homeownership Market. Property Upturns and Downturns London.
• Andrew, M. and Evans, A. (2007). The Anatomy of Speculation: A National Analysis. ERES London.
• Andrew, M. and White, M. (2006). Explaining the Route to Owner Occupation: The Role of Transactions Costs. International AREUEA/ASRES Vancouver.
• Andrew, M. and Evans, A. (2006). An Anatomy of Speculation in a Housing Market Boom. 3th Annual European Real Estate Society Conference Weimar, Germany.
• Lee, S., Andrew, M. and Devaney, S. (2003). Another Look at the Relative Importance of Sectors and Regions in Determining Property Returns. Dublin Research Symposium Dublin.

Journal Articles (12)

• Andrew, M. (2012). Regional market size and the housing market: Insights from a new economic geography model. Journal of Property Research, 29(4), pp. 298–323. doi:10.1080/09599916.2012.717101.
• Andrew, M. (2012). The changing route to owner-occupation: The impact of borrowing constraints on young adult homeownership transitions in Britain in the 1990s. Urban Studies, 49(8), pp. 1659–1678. doi:10.1177/0042098011417905.
• Mark, A., Bramley, L., White, and Andrew, M. (2012). Sub-Regional Housing Market Modelling: Spatial Dimensions of Housing and Labour Market Interactions. Urban Studies .
• Andrew, M. (2010). The changing route to owner occupation: The impact of student debt. Housing Studies, 25(1), pp. 39–62. doi:10.1080/02673030903361656.
• Meen, G. and Andrew, M. (2008). Planning for housing in the post-Barker era: Affordability, household formation, and tenure choice. Oxford Review of Economic Policy, 24(1), pp. 79–98. doi:10.1093/oxrep/grn010.
• Andrew, M. and Meen, G. (2006). Population structure and location choice: A study of London and South East England. Papers in Regional Science, 85(3), pp. 401–419.
• Andrew, M., Haurin, D. and Munasib, A. (2006). Explaining the Route to Owner Occupation: A Transatlantic Comparison. Journal of Housing Economics, 15(3), pp. 189–216.
• Andrew, M. (2004). A permanent change in the route to owner occupation? Scottish Journal of Political Economy, 51(1), pp. 24–48.
• Andrew, M. and Meen, G. (2004). On the use of policy to reduce housing market segmentation. Regional Science and Urban Economics, 34(6), pp. 727–751.
• Andrew, M. and Meen, G. (2003). House Price Appreciation, Transactions and Structural Change in the British Housing Market: A Macroeconomic Perspective. Real Estate Economics, 31(1), pp. 99–116.
• Andrew, M. and Meen, G. (2003). Housing Transactions and the Changing Decisions of Young Households in Britain: The Microeconomic Evidence. Real Estate Economics, 31(1), pp. 117–138.
• Andrew, M. and Meen, G. (1998). On the Aggregate Housing Market Implications of Labour Market Change. Scottish Journal of Political Economy, 45(4), pp. 393–419.

Course Directorship

• 2014 - present, MSc Real Estate, Course Director -2016 - present MSc Real Estate Admissions Tutor

Editorial Activities (10)

• Turkish Central Bank Discussion Paper Series, Referee, 2012.
• Journal of Urban Affairs, Referee, 2011 – present.
• Spatial Economic Analysis, Referee, 2010 – present.
• Papers in Regional Science, Referee, 2008 – present.
• Oxford Economic Papers, Referee, 2007 – present.
• Housing Studies, Referee, 2005 – present.
• Urban Studies, Referee, 2002 – present.
• Real Estate Finance and Economics, Referee, 2002 – present.
• Journal of Housing Economics, Referee, 2001 – present.
• Real Estate Economics, Referee, 2001 – present.