Price Rigidity and Vacancy Rates: The Framing Effect on Rental Housing Markets |
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Authors: | Tsai I-Chun |
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Institution: | 1.Department of Finance, National University of Kaohsiung, No. 700, Kaohsiung University Rd., Nanzih District, 811, Kaohsiung, Taiwan, Republic of China ; |
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Abstract: | The Journal of Real Estate Finance and Economics - This paper proposes a new explanation for housing rent price rigidity. When high inflation or low inflation occurs, the bargaining process for new... |
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