Poterba's Bubbling Housing Supply and Demand

9 Pages Posted: 5 Jun 2014

See all articles by Hak Choi

Hak Choi

Chienkuo Technology University - Department of International Business; Chung-Hua Institution for Economic Research

Date Written: June 4, 2014

Abstract

This paper shows how Poterba, like many others, tries to use a non-existing demand and supply model to explain housing price. Instead, this paper derives the housing demand and supply functions without combining them into one single graph. The ungrouped functions offer clearer picture with balanced explanations of the housing problem.

Keywords: Housing Demand, Housing Supply

JEL Classification: R21, R31

Suggested Citation

Choi, Hak, Poterba's Bubbling Housing Supply and Demand (June 4, 2014). Available at SSRN: https://ssrn.com/abstract=2445838 or http://dx.doi.org/10.2139/ssrn.2445838

Hak Choi (Contact Author)

Chienkuo Technology University - Department of International Business ( email )

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Chung-Hua Institution for Economic Research ( email )

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