Abstract
Housing demand parameters are not known in Pakistan, This paper estimates the value of the housing stock (and flow of service 0 from 1960-01 to 1987-88 and Rena up a model of lagged adjustment to desired demand to estimate these parameters. Long-run income and price elasticities are revealed to be low. The absolute magnitudes do not differ significantly from 0,5. However, corresponding elasticities of housing investment appear to be high, indicating the potential volatility of building activity in the country.
Hafiz A. PASHA, Aisha GHAUS. (1988) THE DEMAND FOR HOUSING IN PAKISTAN, Pakistan Journal of Applied Economics, Volume-07, Issue-2.
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