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FINANCING AND HOUSE PRICES

 

作者: J. Sa‐Aadu,   C. F. Sirmans,   John D. Benjamin,  

 

期刊: Journal of Financial Research  （WILEY Available online 1989）
卷期: Volume 12, issue 1  

页码: 83-91

 

ISSN:0270-2592

 

年代: 1989

 

DOI:10.1111/j.1475-6803.1989.tb00103.x

 

数据来源: WILEY

 

摘要:

AbstractRecent 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 price

 

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