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Unraveling housing price inflation.
- Format:
- Book
- Thesis/Dissertation
- Author/Creator:
- Feng, Manhong.
- Language:
- English
- Subjects (All):
- Demography.
- Economics.
- 0501.
- 0938.
- Penn dissertations--Economics.
- Economics--Penn dissertations.
- Local Subjects:
- Penn dissertations--Economics.
- Economics--Penn dissertations.
- 0501.
- 0938.
- Physical Description:
- 164 pages
- Contained In:
- Dissertation Abstracts International 70-06A.
- System Details:
- Mode of access: World Wide Web.
- text file
- Summary:
- Housing prices have increased at a historically fast pace since the late 1990s in most developed nations, puzzling many observers. The fluctuations in housing markets attract the attention of both researchers and consumers, as real estate is a very important sector of the economy as well as a major factor in the acquisition of wealth. Is this a "bubble" phenomenon or just supply and demand at work? The aim of this paper is to uncover the dynamics of housing prices during the period of the mid-1990s to 2006, especially from 2003 to 2006, and to understand the determinants of the remarkably fast-growing housing markets. To that end, economic fundamentals for the U.S. national market, top 200 U.S. metropolitan areas, and different overseas markets will be investigated; in addition, supply and demand models and various econometric models will be used.
- Notes:
- Thesis (Ph.D. in Economics) -- University of Pennsylvania, 2009.
- Source: Dissertation Abstracts International, Volume: 70-06, Section: A, page: 2153.
- Advisers: Peter Linneman; Jere Behrman.
- Local Notes:
- School code: 0175.
- ISBN:
- 9781109227895
- Access Restriction:
- Restricted for use by site license.
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