The focus of this paper is on the demand for housing in urban India. Using rental data, the paper finds that income elasticities of housing demand are high and elastic across time. Hedonic pricing regressions confirm that this high elasticity is driven by high demand for improved water and sanitation amenities that are attached to the consumption of housing. Further, the demand estimations show that rental markets in urban India and in megacities...
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INFORMATION
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2022/05/02
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Document de travail de recherche sur les politiques
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WPS10031
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1
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2022/05/02
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Disclosed
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Housing Demand and Affordability in India : Implications for Housing Policy
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