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Housing demand in the developing metropolis : estimates from Bogota and Cali, Colombia (英语)

This paper presents estimates of housing demand equation parameters separately for owners and renters in Bogota and Cali, Colombia in 1978, and for Bogota renters only in 1972. The demand estimation procedure uses a workplace based stratification to introduce price variation in the equations. The demand equations estimated using this procedure give very significant results for the income elasticity of the demand for housing. Other household characteristics...
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