Hwang, Sungsoon; Thill, Jean-Claude - In: Environment and Planning B: Planning and Design 36 (2009) 5, pp. 865-882
It has long been argued that the housing market is spatially compartmentalized within a metropolitan area. The argument has important implications for explaining how the housing market works—should the status quo be seen as an equilibrium state? Or if no equilibrium is reached, how do loosely...