RAESS, Pascal; UNGERN-STERNBERG, Thomas VON - Départment d'économétrie et d'économie politique … - 1999
the following specific features of the housing market : product heterogeneity plays an important role, search costs are …This paper develops a theoretical model to study the effects of regulation on the housing market. Our model emphasises … an unregulated housing market rents will increase at the time of renegotiation as a result of the "hold-up" problem. A …