Do large gains make willing sellers?
Using unique real estate data that allow for accurately-measured capital gains, we examine whether sell propensities depend on the magnitude of a seller's capital gain. We find that short-term sell propensities are flat over losses and increasing in gains. Consistent with their higher sell prop...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2022
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/5234 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6233/viewcontent/do_large_gains_make_willing_sellers.pdf |
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| Institution: | Singapore Management University |
| Language: | English |