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In this paper, we explore the drivers of house prices in Norway, using a cross-country panel framework. Empirical … Norway are principally driven by market fundamentals – high household incomes, wealth, low interest rates and a growing … prices suggests that house prices in Norway have been overvalued to a degree since the global financial crisis. Some …
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Increasing supply is frequently proposed as a solution to rising housing costs. However, there is little evidence on how new market-rate construction-which is typically expensive-affects the market for lower quality housing in the short run. I begin by using address history data to identify...
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