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When studying the dynamics of the housing market (that is, taking account of demand and supply as well as the evolution the stock of housing)
When studying the dynamics of the housing market (that is, taking account of demand and supply as well as the evolution the stock of housing) it appears that the housing market: Question 14 options: That only the price of housing is stable in the sense that following a transitory shock it will return to equilibrium but not house investment Is stable in the sense that following a transitory shock house prices and the stock of housing will return to equilibrium That only the stock of housing is stable in the sense that following a transitory shock it will return to equilibrium but not house prices Is unstable in the sense that following a transitory shock it will not return to equilibrium
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