Testing for Information Asymmetries in Real Estate Markets
NBER Working Paper No. 19875
---- Acknowledgments ----
This paper was previously circulated as "Knowing your neighborhood: Asymmetric Information and Real Estate Markets." We thank Viral Acharya, Yakov Amihud, Aurel Hizmo, Andreas Fuster, Stefano Giglio, Theresa Kuchler, Stijn van Nieuwerburgh, Matteo Maggiori, Holger Mueller, Monika Piazzesi, Florian Scheuer and Amit Seru, our discussant Chris Parsons, as well as seminar participants at Stanford University, Chicago Booth, Berkeley Haas, New York University and the 2013 Summer Real Estate Symposium. We thank Trulia for providing data. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.