Agarwal, Sumit; Seiler, Michael J.; Siebert, Ralph - 2022
property listings exert externalities in the housing market. Our study builds on a comprehensive dataset that encompasses … that distort and inflate housing prices. They increase other properties’ list prices on average by $40,180 (5.5 percent … homes with specific housing and neighborhood attributes (such as large house size, high-income areas, and close proximity to …