Poterba's Bubbling Housing Supply and Demand
9 Pages Posted: 5 Jun 2014
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: 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
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