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How rising and falling house prices spill over into other nearby regions.

Pijnenburg, Katharina (2015) How rising and falling house prices spill over into other nearby regions. USApp - American Politics and Policy Blog (17 Nov 2015). Website.

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Abstract

Changes in house prices have a tendency to spill over from one region into another in a ripple effect. In new research Katharina Pijnenburg analyses whether these spill overs are uniform across space and time. Using data for 319 metropolitan statistical areas, she finds that house prices spill over more when house prices are increasing than when house prices are declining. She finds that this may be down to homeowners’ different behaviour when selling in times of falling house prices compared to times when they are increasing.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/usappblog/
Additional Information: © 2015 The Author(s) CC BY-NC 3.0; Online
Divisions: LSE
Subjects: H Social Sciences > HB Economic Theory
J Political Science > JK Political institutions (United States)
Sets: Collections > LSE American Politics and Policy (USAPP) Blog
Date Deposited: 08 May 2017 10:27
Last Modified: 12 Aug 2020 23:15
URI: http://eprints.lse.ac.uk/id/eprint/75866

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