Bubbles and house price dispersion in the United States during 1975–2017

We investigate the rapid growth in the dispersion of housing prices across metropolitan statistical areas (MSAs) in the United States during 1975–2017. We first examine several explanations for this pattern, and find that it is difficult to fully explain it. Our econometric analyses show that the lo...

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Bibliographic Details
Main Authors: Tang, Yang, Zeng, Ting, Zhu, Shenghao
Other Authors: School of Social Sciences
Format: Journal Article
Language:English
Published: 2022
Subjects:
Online Access:https://hdl.handle.net/10356/154883