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Booms and Busts in House Prices Explained by Constraints in Housing Supply
Bulusu, Narayan ; Duarte, Jefferson ; Vergara-Alert, Carles
We study the importance of supply constraints in explaining the heterogeneity in house price cycles across geographies in the United States. Comparing the equilibrium hou[...]
2013 | Text | Staff Working Paper - Document de travail du personnel |
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