A theory of housing demand shocks

DOI10.1016/J.JET.2022.105484zbMath1497.91163OpenAlexW4280541768MaRDI QIDQ2155248

Zheng Liu, Ding Dong, Tao Zha, Peng-fei Wang

Publication date: 15 July 2022

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2022.105484

zbMATH Keywords

heterogeneous beliefscredit constraintshouse priceshousing demandprice-rent ratio

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) Heterogeneous agent models (91B69)

Related Items (1)

Collateral quality and house prices

Cites Work

• Information, trade and common knowledge
• Agreeing to disagree
• SHOULD THE CENTRAL BANK BE CONCERNED ABOUT HOUSING PRICES?
• Land-Price Dynamics and Macroeconomic Fluctuations
• On the Possibility of Speculation under Rational Expectations
• House Price Beliefs And Mortgage Leverage Choice
• The Rate of Return on Everything, 1870–2015*
• Housing Market Dynamics: On the Contribution of Income Shocks and Credit Constraints*

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