Realization utility and real estate
Using unique real estate data that allows for accurately-measured capital gains, we examine whether sell propensities and selling prices depend on an owner's capital gain. We find that sell propensities are higher and selling prices are lower for properties with a capital gain, with the sell pr...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2016
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/5212 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=6211&context=lkcsb_research |
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| Institution: | Singapore Management University |
| Language: | English |