Housing Return and Construction Cycles
نویسندگان
چکیده
منابع مشابه
“Housing Return And Construction Cycles”
This paper presents a model of a mature city that depends upon the rehabilitation of old home sites for new housing. Within the model housing returns, housing construction, mortgage loan terms, and household maintenance behavior are all endogenous. The model’s premise is that the value of a home, unlike the value of many other financial assets, depends upon the care its owner exerts on upkeep. ...
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ژورنال
عنوان ژورنال: Real Estate Economics
سال: 2001
ISSN: 1080-8620,1540-6229
DOI: 10.1111/1080-8620.00021