RDP 2014-06: Is Housing Overvalued?
Equation (4)
P
*
≡
r
e
n
t
/
(
r
+
c
+
s
+
d
+
−
π
)
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamiuamaaCa aaleqabaGaaiOkaaaakiabggMi6kaadkhacaWGLbGaamOBaiaadsha caGGVaWaaeWaaeaacaWGYbGaey4kaSIaam4yaiabgUcaRiaadohacq GHRaWkcaWGKbGaey4kaSIaeyOeI0IaeqiWdahacaGLOaGaayzkaaaa aa@4974@