Adjustment in Property Space Markets: Estimates from the Stockholm Office Market
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https://www.nber.org/papers/w11345
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资源简介：
Markets for property space adjust only gradually because tenants are constrained by long-term leases and landlords and tenants face transactions and information costs. Not only do rents adjust slowly, but space occupancy may differ from demand at current rent, giving rise to "hidden vacancies". We
提供机构：
美国国家经济研究局
创建时间：
2005-05-01
