Bounds Testing Approaches to Housing Demand in Turkey: Is There a Real Estate Bubble?
In this study, housing demand in Turkey was examined with Bounds Testing Approaches Stove Clock Knob for the period of 1964-2014.The total square meters of houses sold was taken as housing demand.The explanatory variables of the study are the real price of one square meter of housing, real income level, and urban population.Firstly, stationary prop