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Filtering model of housing markets

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Reference no: EM132336441

Question

Using the filtering model of housing markets, describe what will happen to the apartment market in a city when a large amount of "high-quality" apartments are built.

Explain the short-term real estate market model. What does it suggest will be the primary determinants of rents in an urban area in the short-run?

Reference no: EM132336441

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