Glaeser, Edward L.; Gyourko, Joseph E. - National Bureau of Economic Research <New York, NY> / …; … - 2003
[...]In this paper, after first surveying housing costs in theUnited States, we examine why the expensive places have suchhigh housing costs. High-cost places generally have either veryattractive local amenities (great weather or good schools) orstrong labor markets. The Rosen (1979) and Roback...
