We explore long-term patterns of the house price-income relationship across the 70 largest U.S. metropolitan areas. In … line with a standard spatial equilibrium model, our empirical findings indicate that house price-income ratios are … income and allow for regional heterogeneity yield stationary long-term relationships in most areas. The relationship between …

interdependency of housing prices, rental prices, building land prices and income via one simultaneous equilibrium analysis. Using … structural and reduced form. The results show significantly positive interaction effects of income and real estate prices … population development seem to be among the most important determinants of price and income disparities between regions in the …

interdependency of housing prices, rental prices, building land prices and income via one simultaneous equilibrium analysis. Using … structural and reduced form. The results show significantly positive interaction effects of income and real estate prices … population development seem to be among the most important determinants of price and income disparities between regions in the …

year in each city or, on average, 1.5% of household income. The results demonstrate the important role cities paly as …