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Characteristics of a Sufficient Statistic to Measure City Housing Prices

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NBER2026-05-01 更新2026-05-09 收录
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Characterizing the level and change of housing prices in cities is central to many empirical questions, whether prices are measured using rents or asset values. The task is complicated by the heterogeneity of the housing stock, the joint consumption of housing and neighborhood, and differences in

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2026-05-01
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