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://lecoureures.shop/product-category/course-a-pied-femme-vetements-short-5-6/