Data and Graphical Analysis

The blue line is the estimated non-fundamental component of the log price-rent ratios of housing, and the red shaded areas are the identified bubble periods. The original data of these two series are provided in the .csv files.

The blue line is the estimated non-fundamental component of the log price-rent ratios of housing, and the red shaded areas are the identified bubble periods. The original data of these two series are provided in the .csv files.