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: HONG, Dong, LOH, Kiat Roger, WARACHKA, Mitch
格式: text
語言:English
出版: Institutional Knowledge at Singapore Management University 2016
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在線閱讀: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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