Sensitivity of Rural Housing Values to Aggregate Economic Policy
This paper has a two-fold contribution, 1) Examine the importance of aggregate economic policy on housing prices and rural housing prices, and 2) delineate factors resulting in divergent housing prices between urban and rural markets. Empirical application to US state level data from 1975-2006 indicates general economic variables are consistently influencing both urban and rural housing prices. While the farm economic variables do have differential influences on the housing and rural housing prices, their effects are transitory. Finally regional effects have greater impact on differential effects on urban rural housing price indexes than national farm programs.
|Date of creation:||2009|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: (414) 918-3190
Fax: (414) 276-3349
Web page: http://www.aaea.org
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ags:aaea09:49515. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If references are entirely missing, you can add them using this form.