INFLATION AND THE HOUSING MARKET: PROBLEMS AND POTENTIAL SOLUTIONS

Donald R. Lessard, Franco Modigliani

RePEc: Research Papers in Economics · 1975 · 40 citations · 1 references

Concepts

Abstract

Recent years have witnessed increasing rates of inflation accompanied by high and volatile interest rates. Although these factors have affected the entire economy, their most drastic effect has been on housing as shown by wide swings in construction activity and in the turnover of the

References

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