Canadian Inter‐City House Price Differentials
研究了加拿大城市间房价差异的来源，发现收入增长、预期通胀率以及非家庭住户比例是推高房价的关键因素。
The purpose of this paper is to identify the sources of intercity house price differentials in Canada. The results indicate that demand factors are important explanatory variables; a 1% increase in the income of households raises house prices by 1.11%; higher rates of anticipated inflation result in higher house prices as households increase their demand for real assets such as housing during inflationary periods; and finally, the fraction of households that are non‐family households is positively associated with house prices. These results are in agreement with those of other countries.