What Have They Been Thinking? Home Buyer Behavior in Hot and Cold Markets

Questionnaire surveys undertaken in 1988 and annually from 2003 through 2014 of recent homebuyers in each of four U.S. metropolitan areas shed light on their expectations and reasons for buying during the recent housing boom and subsequent collapse. They also provide insight into the reasons for the1988年以及2003年至2014年每年开展的针对美国四个大都市区（metropolitan areas）新晋购房者的问卷调查，揭示了他们在本轮房地产繁荣及后续崩盘阶段的购房预期与购房动因；同时也为相关原因提供了深入见解。