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Explaining Differences in Metro-level Rates of HPA over Various Periods from 1980 to 2022
We find that the best predictors of Home Price Appreciation (HPA) are total wages*, housing supply, loan leverage, and net migration.
Explaining Differences in Metro-level Rates of HPA over Various Periods from 1980 to 2022
We find that the best predictors of Home Price Appreciation (HPA) are total wages*, housing supply, loan leverage, and net migration.