Why Are Some Home Values Resistant and Others Resilient?

Gary Smith

International Real Estate Review, 2014, vol. 17, issue 2, 223-240

Abstract: Data for 116 California communities reveal considerable variation in changes in the value of owner-occupied homes during 2005-2010, variation that is related to the price/rent ratios that existed in 2005, number of rental properties in the community, increase in home values between 2000 and 2005, and a variety of socioeconomic factors.

Keywords: Housing Bubble; Home Prices; Residential Real Estate (search for similar items in EconPapers)
JEL-codes: L85 (search for similar items in EconPapers)
Date: 2014
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