Heterogeneous expectations and housing market
This thesis studies the boom-bust housing price dynamics under heterogeneous expectations. I mainly focus on three key questions: (1) Why some housing prices form an exponential pattern and others follow a linear trend? (2) How to provide an explanation not only for the formation but also for the su...
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| Format: | Theses and Dissertations |
| Language: | English |
| Published: |
2017
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| Online Access: | http://hdl.handle.net/10356/72318 |
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| Institution: | Nanyang Technological University |
| Language: | English |