Block 4: Compensation, Prices, Costs

Predicting Housing Price Changes in States and MSAs Using Area Specific Price Elasticities

This paper presents new state and MSA-specific housing price elasticities in the REMI Policy Insight Version 9.5 model.

New Estimates of Compensation Rate Elasticities for U.S. Models

Description of our new estimates of the Compensation Rate Elasticities, first implemented for PI+ v1.1