Changes in Urban Housing Supplies Through Conversion Or Retirement |
Common terms and phrases
apartment units asymptotic standard errors 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 60 effect of price elasticity of conversion-retirement endogenous estimated coefficients evaluated existing housing units existing units geographic zones housing stock housing supply implies incremental indirect effect linear functions lot size zoning minimum lot nonland inputs nonresidential number of 1960 number of housing number of multifamily old multifamily units OLD SINGLE 60 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 Q₁ residential retirement returns to scale single family units structure type subcategories supply curve TIGHT total coefficient U.S. Bureau units built unzoned old singles VAC RATE 60 vacancy rate change vacant acre vacant land