论文信息 - Explaining metropolitan housing price differences

Explaining metropolitan housing price differences

Abstract Housing prices differ substantially among metropolitan areas. The rent and house price indexes used here measure this variation among 54 metropolitan areas. A model of metropolitan housing price determination is presented and used to identify the sources of intermetropolitan price variation. Reduced-form equations explain close to 90% of the variation in rental prices and close to 60% of the variation in house prices.

Larry Ozanne | T. Thibodeau | Thomas G. Thibodeau | L. Ozanne

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