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apartment units APRICE asymptotic standard errors AVAC RATE Boston metropolitan area built between 1960 construction per vacant CONV MULTI CONV SINGLE conversion of old conversion supply conversion-retirement activity conversion-retirement supply decade demolition DETER SINGLE effect of price elasticity of conversion-retirement endogenous estimated coefficients evaluated existing housing units existing units housing supply implies incremental indirect effect land per unit linear functions lot size zoning minimum lot nonland inputs nonresidential number of 1960 number of housing number of multifamily OLD MULTI old multifamily units old single family old units origin stock types origin type output price owner pairwise price and vacancy price change price coefficients price elasticity price or vacancy price variable PS1M residential retirement returns to scale sample mean values single family units structure type subcategories supply curve total coefficient U.S. Bureau units built UNZONED OLD SINGLE vacancy rate change vacant acre vacant land