Construct · 1 fields · 1 citations

hot and cold housing markets: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
hot and coldhousing markets1 CONSTRUCTHot and cold housingNOVY-MARX · REAL ESTATE

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Real estate economics

the amplification of demand shocks in search markets, where buyer arrivals raise market tightness and seller bargaining power so prices and sales move together.

In real estate economics, hot and cold housing markets refers to the amplification of demand shocks in search markets, where buyer arrivals raise market tightness and seller bargaining power so prices and sales move together. This meaning comes from Novy‐Marx (2009) in Real Estate Economics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

amplification4 fields · 4 citationsjingle · one word, four constructsbargaining power1 fields · 1 citationsanchor · a standalone constructbargaining1 fields · 2 citationsanchor · game theory

References

  1. Novy‐Marx, R. (2009). Hot and Cold Markets. Real Estate Economics, 37(1), 1-22. https://doi.org/10.1111/j.1540-6229.2009.00232.x

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