Abstract
This study uses 1989–2005 data for the Seattle metropolitan areato test the natural vacancy rate hypothesis for rental housingmarkets using a new methodology. Findings support theexistence of a natural vacancy rate for apartments that varies overtime, and in some cases across apartment submarkets. Resultsshow a decline in the natural vacancy rate in the time periodfollowing the introduction and growth of the Web. Results alsoshow significant differences in natural vacancy rates for differentgeographic subareas. No significant differences in the naturalvacancy rate are found for different apartment types.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
