Understanding the cross-section of the U.S. housing bubble: The roles of lending, transaction costs, and rent growth
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DOI: 10.1016/j.jfs.2014.08.002
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More about this item
Keywords
Housing price bubble; Consumption CAPM; Subprime; Transaction costs; Rent-growth cyclicality;All these keywords.
JEL classification:
- G01 - Financial Economics - - General - - - Financial Crises
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
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