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Concern has recently been raised in the United States and Canada about a growing crisis in rental housing. Since many of the issues raised in connection with the possibility of a U. S. crisis have surfaced earlier or in magnified form in Canada, this ...
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This paper empirically investigates the impact of inflation on homeownership returns and tenure choice when the assumptions underlying the user cost of housing are modified to reflect separately the effects of unanticipated and anticipated inflation. The analysis demonstrates that when the user...
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