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Essay

Bubbles On Real Estate Market

Essay specific features

 

Issue:

Business

 

Written by:

Melinda D

 

Date added:

March 17, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1495

 

Was viewed:

7870 times

 

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Essay content:

The first is that asset prices are driven by market fundamentals, which they call the fundamental price, Ptf. The second is that there are times when asset prices deviate away from market fundamentals, which they call the non-fundamental price, Ptnf. Pt = Ptf + Ptnf There are two models, which observe non-fundamental part in housing prices in literature, which are fad’s model and the stochastic bubble’s model...
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The second is that there are times when asset prices deviate away from market fundamentals, which they call the non-fundamental price, Ptnf. Pt = Ptf + Ptnf There are two models, which observe non-fundamental part in housing prices in literature, which are fad’s model and the stochastic bubble’s model...
displayed 300 characters

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