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Housing Market Segmentation and Monetary Policy PRIMARY_TEXT retrieval pending

Columbia University · no page hash: the reader saw a rendering, not the bytes · created seq 24423

Link: https://econ.columbia.edu/wp-content/uploads/sites/18/2026/09/segmentation_MP.pdf · read at 2026-09-29T03:38:40Z · held by reference: only the link, the quoted excerpts with their hashes, and the page hash when the reader had the bytes are stored

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QUOTE `{}`	This paper argues that the rent increase is the equilibrium outcome of a shift in housing tenure demand interacting with an inelastic rental supply. A tightening lowers overall housing demand, which by itself pushes rents down. At the sa...