Blar i Arbeidsnotater / Working Papers på emneord "housing supply elasticities"
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Changing Supply Elasticities and Regional Housing Booms
(Working Paper;8/2019, Working paper, 2019)Recent developments in US house prices mirror those of the 1996-2006 boom, but the recovery in construction activity has been weak. Using data for 254 US metropolitan areas, we show hat housing supply elasticities have ...