Browsing University of Missouri-Columbia by Title "Working papers (Department of Economics);WP 10-15"
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Estimating Estate-Specific Price-to-Rent Ratios in Shanghai and Shenzhen: A Bayesian Approach
(Department of Economics, 2010)The price-to-rent ratio, a common yardstick for the value of housing, is difficult to estimate when rental properties are poor substitutes of owner-occupied homes. In this study we estimate price-to-rent ratios of residential ...