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Learning about Housing Cost: Survey Evidence from the German House Price Boom

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NBER2021-06-01 更新2025-01-04 收录
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This paper uses new household survey data to study expectation formation during the recent housing boom in Germany. The cross section of forecasts depends on only two household characteristics: location and tenure. The average household in a region responds to local conditions but underpredicts

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2021-06-01
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