A General Equilibrium Model of Housing, Taxes, and Portfolio Choice
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We describe a model in which rental and owner housing are risky assets, tenure choice is endogenous, and each household is constrained to consume the same amount of owner housing as it has in its investment portfolio. At each iteration in the search for an equilibrium, we determine the new taxable
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美国国家经济研究局创建时间：
1990-11-01
