Essays on Local Housing Risk and Return
<p> Local returns to housing investment across the U.S. cities are estimated and applied to explain the stockholding puzzle, i.e. the tendency for US homeowners to hold only housing and risk free assets in their portfolios. Several empirical problems exist in the previous studies: first, renta...
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| Language: | EN |
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The George Washington University
2015
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| Online Access: | http://pqdtopen.proquest.com/#viewpdf?dispub=3716188 |