Financial Constraints and Inflated Home Prices During the Real-Estate Boom

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DOI:10.1257/APP.3.3.55
作者：Itzhak Ben-David
文献类型：期刊论文
补充材料：只需要正文

American Economic Association (AEA)

Abstract：During the housing boom, financially constrained home buyers artificially inflated transaction prices in order to draw larger mortgages. Using transaction data from Illinois that includes se

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