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2 House prices when interest payments are tax deductible (50%) Households choose between housing (H) and consumption (C) as represented by the following utility function,
2 House prices when interest payments are tax deductible (50%) Households choose between housing (H) and consumption (C) as represented by the following utility function, written in terms of natural logs: U = ninH + (1-n)InC, 0<>
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