How economists (should) think about the housing market

Ian Mulheirn
Apr 13, 2018 · 5 min read

“No understanding of how housing markets work”?

Standard housing theory framework

Why does this matter?

Popular consensus versus theoretical consensus

Ian Mulheirn

Written by

Director of Consulting at Oxford Economics. Former think-tanker and HM Treasury economist. These are personal ramblings.

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