Price Expectations and the U.S. Housing Boom

Price Expectations and the U.S. Housing Boom
Between 1996 and 2006 the U.S. has experienced an unprecedented boom in house prices. As it has proven to be difficult to explain the large price increase by observable fundamentals, many observers have emphasized the role of speculation, i.e. expectations about future price developments. The argument is, however, often indirect: speculation is... READ MORE...

Publication date: July 2015
ISBN 9781513596235
$18.00

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