Wu, Sun-Tien; Wang, Chieh-Hsuan - In: Applied Economics Letters 18 (2011) 12, pp. 1145-1148
The value of Rent Multiplier (RM) for the city of Taipei has been in extraordinary magnitudes and remains to be a myth to most housing economists. Why does the RM in Taipei exhibit such a peculiarity? Is it because the populace there are so peculiar in their housing behaviours that can be held...