Estimating Demands and Residential Property
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In order for me to estimate the demand for residential property, and residential property being my dependent variable what independent or explanatory variables should I include in my regression equation?
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This solution helps with a problem involving estimating demands and residential property.
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Usually CPI is not used as an explanatory variable. Instead, it is treated as a "GDP deflator", or measurement of price levels. Because the price level of ...
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