| Předmět: |
|
| Zdroj: |
Working Papers: U.S. Federal Reserve Board's Finance & Economic Discussion Series; 2012, p1-63, 64p |
| Abstrakt: |
The article discusses how housing market dynamics is affected by supply constraints in the U.S. It is said that constraints on housing supply have significant and little-studied implications for housing dynamics, although the volatility of house prices is often ascribed to demand-side factors. Regulation and geographic constraints play key roles in decreasing the responsiveness of investment to demand shocks. |
| Databáze: |
Complementary Index |
| Externí odkaz: |
|
