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Housing prices, government policy, and urban decay: a tentative hypothesis, a possible connection, and a policy suggestion

The development of significantly different housing prices in Canada and the United States was an issue of popular concern in recent years when Canadian housing prices were undergoing almost unprecedented price increases. The purpose of this paper was to determine the underlying causes of the differential in housing prices in Canada and the United States.
The research methodology followed in the preparation of this paper involved the analysis of the housing markets of Seattle and Vancouver to determine what factors might have influenced prices in these two cities. The factors considered include housing stocks and starts, population, income, credit conditions, and the impact of the state.
In general the findings suggest that the price differential has evolved because of a comparatively higher level of housing demand in the Vancouver housing market. / Business, Sauder School of / Real Estate Division / Graduate

Identiferoai:union.ndltd.org:UBC/oai:circle.library.ubc.ca:2429/20741
Date January 1978
CreatorsCox, James Clayton
Source SetsUniversity of British Columbia
LanguageEnglish
Detected LanguageEnglish
TypeText, Thesis/Dissertation
RightsFor non-commercial purposes only, such as research, private study and education. Additional conditions apply, see Terms of Use https://open.library.ubc.ca/terms_of_use.

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