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://www.ealisboa.com/bargain-1984-2001-Jeep-Cherokee-XJ-Front-Suspension-Lift-Kit-Bilstein-Shocks-2WD-4WD-flash-choice/