Misinformed Speculators and Mispricing in the Housing Market
收藏NBER2014-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w19817
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This paper uses transactions-level deeds records to examine how out-of-town second house buyers contributed to mispricing in the housing market. We document that out-of-town second house buyers behaved like misinformed speculators and drove up both house price and implied-to-actual rent ratio (IAR)
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美国国家经济研究局创建时间：
2014-01-01
