The primary contribution of this paper is to establish that the long-swings behavior observed in the market price of Danish housing since the 1970s can be understood by studying the interplay between short-term expectation formation and long-run equilibrium conditions. We introduce an asset market model for housing based on uncertainty rather than risk. which under mild assumptions al... https://www.spidertattooz.com/Kaiser-Copy-Stand-RS-1-with-RA-1-Arm-40-Counterbalanced-Column-and-18-x-20-Baseboard/