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Persistent link: https://www.econbiz.de/10009355417
We study sources and consequences of fluctuations in the housing market. The upward trend in real housing prices of the last 40 years can be explained by slow technological progress in the housing sector. Over the business cycle, housing demand and housing technology shocks explain one-quarter...
Persistent link: https://www.econbiz.de/10011506666
Persistent link: https://www.econbiz.de/10003837674
Persistent link: https://www.econbiz.de/10003996175
We study sources and consequences of fluctuations in the housing market. The upward trend in real housing prices of the last 40 years can be explained by slow technological progress in the housing sector. Over the business cycle, housing demand and housing technology shocks explain one-quarter...
Persistent link: https://www.econbiz.de/10013137636
Persistent link: https://www.econbiz.de/10013443433
Persistent link: https://www.econbiz.de/10003769132
We study sources and consequences of fluctuations in the housing market. The upward trend in real housing prices of the last 40 years can be explained by slow technological progress in the housing sector. Over the business cycle, housing demand and housing technology shocks explain one-quarter...
Persistent link: https://www.econbiz.de/10011599231