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来源类型Working Paper
规范类型报告
DOI10.3386/w4332
来源IDWorking Paper 4332
Demographic Factors and Real House Prices
Richard K. Green; Patric H. Hendershott
发表日期1993-04-01
出版年1993
语种英语
摘要Real house prices are directly determined by the willingness of households to pay for (and willingness of builders to supply) a constant-quality house. Changes in the quantity of housing demanded will affect real prices only to the extent that the long-run housing supply schedule is positively sloped. In this paper we use 1980 census data to measure the impact of the age structure and real income per household on the willingness of households to pay for a constant quality house. Extrapolating these variables forward to 2010, we conclude that evolving demographic forces are likely to raise real house prices. not lower them.
主题Regional and Urban Economics
URLhttps://www.nber.org/papers/w4332
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/561695
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GB/T 7714
Richard K. Green,Patric H. Hendershott. Demographic Factors and Real House Prices. 1993.
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