How to shop
Delivery
Shopping guide
Inefficiencies in the Real Estate Market
English
137 b
30-day return policy
You might also be interested in
/
Paperback
70.25
€
The economic literature suggests that institutional §characteristics of the real estate market produce §inefficiencies that contribute to price volatility. §However, no study has attempted to test the relative §contribution of the competing hypotheses to §inefficiency in regional real estate markets, and §their implications for price dynamics. This book, §based on my Ph.D. dissertation, identifies §volatility in housing prices by testing for market §inefficiency, quantifies those characteristics of §local real estate markets which contribute to price §volatility, and tests a model for the US housing §market which incorporates local market §characteristics and speculative behavior. The §results show that prices in U.S. real estate markets §have been volatile, and suggests that price bubbles §have been present in a number of US cities from the §mid-1980s through 2000.
About the book
English
Categories
