) are polynomials during the lag operator. We could make 5 modifications to Equation (five) to capture the possibility of deviations from The easy person Value design and to incorporate the consequences of regulation and financial framework. Initial, in concept, shifts within the desire for housing expert services needs to be mirrored in lease: a favourable shift in demand from customers, as an example, would increase rents, and by means of the consumer Price romance, housing costs really should appreciate.
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