.S. metropolitan areas shed light on their expectations and reasons for buying during the recent housing boom and subsequent collapse …. They also provide insight into the reasons for the housing crisis that initiated the current financial malaise. We find …-to-year change in actual home prices. More of the root causes of the housing bubble can be seen in their long-term (10-year) home …

.S. cities shed light on their expectations and reasons for buying and selling during the recent housing boom and subsequent … collapse, and on the reasons for the housing crisis that initiated the current financial malaise. We find that homebuyers were … bubbles …

.S. cities shed light on their expectations and reasons for buying and selling during the recent housing boom and subsequent … collapse, and on the reasons for the housing crisis that initiated the current financial malaise. We find that homebuyers were … bubbles …

.S. metropolitan areas shed light on their expectations and reasons for buying during the recent housing boom and subsequent collapse …. They also provide insight into the reasons for the housing crisis that initiated the current financial malaise. We find …-to-year change in actual home prices. More of the root causes of the housing bubble can be seen in their long-term (10-year) home …

We analytically characterize optimal monetary policy for an augmented New Keynesian model with a housing sector. With … rational private sector expectations about housing prices and inflation, optimal monetary policy can be characterized by a … standard 'target criterion' that refers to inflation and the output gap, without making reference to housing prices. When the …

.S. metropolitan areas shed light on their expectations and reasons for buying during the recent housing boom and subsequent collapse …. They also provide insight into the reasons for the housing crisis that initiated the current financial malaise. We find …-to-year change in actual home prices. More of the root causes of the housing bubble can be seen in their long-term (10-year) home …