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In this article, we develop a model for the evolution of real estate prices. A wide range of inputs, including stochastic interest rates and changing demands for the asset,are considered. Maximizing t...
14 June 2007，Housing affordability, housing pathways (home ownership, private renting, public housing), and the future of housing research will be discussed at a Brisbane conference next week.
This paper presents and ‘estimates a model of the resale housing market. The data are a cross-section of monthly time series obtained from the multiple-listing service for a ...