Practice note on producing an abstract for a Housing Studies dissertation report.

Practice note on producing an abstract for a Housing Studies dissertation report.

Let us starts with a sample of an abstract, as follows:

The article is: "Local housing prices and mortgage refinancing in US cities" Property Management

Abstract

Purpose

The purpose of this paper is to provide additional evidence that housing prices significantly impact aggregate refinancing and thus directly influence mortgage termination.

Design/methodology/approach

Regression analysis is applied to examine refinancing activity in US cities.

Findings

The evidence shows that positive appreciation in housing prices provides the borrower with positive incentives to refinance in response to the associated increased borrowing capacity when mortgage rates have declined. On the other hand, depreciation in housing prices may depress refinancing.

Research limitations/implications

Housing price movements, not only collateral constraints on refinancing but also the disincentive to engage in cash‐out refinancing caused by depreciation as well as the incentive for cash‐out refinancing brought by appreciation, should be included in modeling total termination risks of mortgage‐backed securities.

Originality/value

In contrast to previous studies, this paper provides empirical support for both the incentive and the disincentive to engage in cash‐out refinancing produced by housing price changes, in addition to support for the traditional collateral constraint effect of housing prices on refinancing.

Key words: Housing, Mortgage companies, Pricing Policy, United States of America

Purpose

This study aims to examine ... [present tense]

Design/methodology/approach

Research data was collected from ... [past tense]

Findings and recommendations

The evidence shows that .. [present tense]...  It is recommended that ... [present tense] [optional]....

Research limitations/implications

Housing price movements, ... should be included  ... [present tense]

Originality/value

... this paper provides empirical support for  ....[present tense]

***** recommendations [optional]