The Relationship Between Housing Prices and Urban Competitiveness: A Theoretical Framework
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Housing is a necessity for human’s living and development. In the urban world, housing has multiple impacts. Accordingly, the housing price that involves benefits and costs has an important influence on market agents. As far as cities are concerned, the housing price and its volatility are closely related to the rise and fall of cities, the volatility of the world’s economy, as well as the evolution of economic space and pattern.