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Comment: Edelstein and Follain Papers

Published online by Cambridge University Press:  06 April 2009

Extract

The Edelstein and Follain papers are not as different as they may appear at first. The two are linked through the income elasticity of housing. Follain is concerned with this measure explicitly, while Edelstein1s analysis hinges on the value he assumes for it. Both papers are also policy papers, and their conclusions are of immediate importance for ongoing policy decisions.

Type
III. Issues in Residential Real Estate
Copyright
Copyright © School of Business Administration, University of Washington 1979

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