Journal article
FINANCING AND HOUSE PRICES
The Journal of financial research, Vol.12(1), pp.83-91
1989
DOI: 10.1111/j.1475-6803.1989.tb00103.x
Abstract
Recent empirical evidence on the effect of below‐market financing on house prices has suffered from estimation and interpretation problems. In this paper, a methodology is developed to solve these problems. Using data for mortgage revenue bonds, the methodology is tested with results indicating that all financing subsidy is capitalized into house prices.
Details
- Title: Subtitle
- FINANCING AND HOUSE PRICES
- Creators
- J. Sa-Aadu - University of Florida HealthC. F. Sirmans - Louisiana State UniversityJohn D. Benjamin - Pennsylvania State University
- Resource Type
- Journal article
- Publication Details
- The Journal of financial research, Vol.12(1), pp.83-91
- DOI
- 10.1111/j.1475-6803.1989.tb00103.x
- ISSN
- 0270-2592
- eISSN
- 1475-6803
- Number of pages
- 9
- Language
- English
- Date published
- 1989
- Academic Unit
- Finance
- Record Identifier
- 9984380447302771
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