Ji, Philip Inyeob; Bogati Bhandari, Seema - In: International Journal of Housing Markets and Analysis 15 (2021) 3, pp. 504-520
Purpose: The aim of this paper is to examine dynamic linkages between price and rent and between property types. Intuition suggests that housing market segments experience different market cycles in response to macroeconomic shocks. However, they may be dynamically interlinked in urban areas...