Misinformed Speculators and Mispricing in the Housing Market

213 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Quantifying Sentiment with News Media across Local Housing Markets (2018, methodology): “Chinco and Mayer (2016) document the presence of second home buyers across local housing markets from 2000 to 2007, and find that nonlocal investors not only behave as speculators but also do not appear particularly well informed.”
Speculative dynamics of prices and volume (2017, methodology): “Our approach adapts core insights from Cutler et al. (1990) , De Long et al. (1990) , and Hong and Stein (1999) to study the housing market.”