Construct · 1 fields · 1 citations

misinformed speculators: a standalone construct

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

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Real estate economics

distant second-home buyers who speculate in a housing market with poorer local information and earn lower returns, contributing to overpricing in booms.

In real estate economics, misinformed speculators refers to distant second-home buyers who speculate in a housing market with poorer local information and earn lower returns, contributing to overpricing in booms. This meaning comes from Chinco (2015) in Review of Financial Studies.[1]

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Nearby constructs

estate2 fields · 2 citationsjingle · one word, two carriers information4 fields · 5 citationsjingle · one word, four constructs market3 fields · 5 citationsjingle · one word, three constructs

References

Chinco, A., & Mayer, C. (2015). Misinformed Speculators and Mispricing in the Housing Market. Review of Financial Studies, 29(2), 486-522. https://doi.org/10.1093/rfs/hhv061

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