The Housing Cycle and Prospects for Technical Progress
NBER Working Paper No. 15971
---- Acknowledgements -----
First draft January 2009. I appreciate comments and suggestions from Ed Glaeser, Andreas Lehnert, Kevin Murphy, Jesse Shapiro, and seminar participants at the University of Chicago and the Federal Reserve Board. I will provide updates on this matter on my blog www.panic2008.net. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.