Skip to content
RDP 2014-06: Is Housing Overvalued?
Equation (A1)
R
=
r
m
P
(
1
−
e
)
+
r
a
l
t
(
1
−
t
)
P
e
,
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamOuaiabg2 da9iaadkhadaahaaWcbeqaaiaad2gaaaGccaWGqbWaaeWaaeaacaaI XaGaeyOeI0IaamyzaaGaayjkaiaawMcaaiabgUcaRiaadkhadaahaa WcbeqaaiaadggacaWGSbGaamiDaaaakmaabmaabaGaaGymaiabgkHi TiaadshaaiaawIcacaGLPaaacaWGqbGaamyzaiaacYcaaaa@4A5C@