Dear all, we kindly invite you to our next Economic Theory & Policy talk on Mon, 26th of January 2026, 4:00 PM - TU Wien, Seminarroom: Zeichensaal 1 (Freihaus building, green area, 8th floor) "Heterogeneity in Expectations and House Price Dynamics" Jochen Mankart (National Bank of Slovakia) https://mankart.net/ Expectations are central for housing decisions and heterogeneity in expectations is a robust feature of survey data. We study the implications of heterogeneity in house price growth expectations for the level of house prices. We feed the joint empirical distributions of income, wealth and expectations into a calibrated heterogeneous agents housing model. We find that eliminating heterogeneity in house price growth expectations would raise average house prices and amplify house price fluctuations thereby reducing the fit of the model. Without heterogeneity, average house prices would. Further events and details: https://www.tuwien.at/en/mg/econ/events Best, Julia Julia Hutter TU Wien Institute of Statistics and Mathematical Methods in Economics Research Group Economics Phone: +43 1 58801 10531 Mail: julia.hutter@tuwien.ac.at<mailto:julia.hutter@tuwien.ac.at> https://econ.tuwien.ac.at/