How do UK regional commercial rents move?
Peijie Wang and
Applied Economics Letters, 1994, vol. 1, issue 1, 19-23
An investigation of UK rent movements and adjustment mechanisms shows London as unique in contrast with other regions in the country and distinguishes retail from office and industrial property markets. Two kinds of Granger causality of long run equilibrium and short term dynamics have been scrutinized to establish the evidence for our statement.
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