Can More Housing Supply Solve the Affordability Crisis? Evidence from a Neighborhood Choice Model
We estimate a neighborhood choice model using 2014 American Community Survey data to investigate the degree to which new housing supply can improve housing affordability. In the model, equilibrium rental rates are determined so that the number of households choosing each neighborhood is equal to the...
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Veröffentlicht in: | Finance and economics discussion series 2018-05, Vol.2018 (35) |
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Format: | Artikel |
Sprache: | eng |
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