Shut Out: How a Housing Shortage Caused the Great Recession and Crippled Our Economy.

• Autores: Declan Trott
• Localización: Economic record, ISSN 0013-0249, Vol. 95, Nº. 311, 2019, págs. 525-527
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • He also uses a simple house price model to show that, if you accept his contention that price-rent ratios should rise with rent, 2005 prices could have been justified with rent inflation only moderately above core inflation going forward. Mian and Sufi ([1]) found that "subprime" zip codes with lower credit scores experienced both greater credit growth and greater house price appreciation, despite lower income growth. [Extracted from the article]