“…Of these, 3,477,000 were used for vacation purposes. shott, 1993Capozza et al, 2004;Case and Shiller, 1987, 2003Krainer and Wei, 2004;Malpezzi and Wachter, 2005); and (3) estimates of housing supply elasticities (Muth, 1960;Follain, 1979;Poterba, 1984;DiPasquale and Wheaton, 1994;Malpezzi and Maclennan, 2001;Green et al, 2005;Goodman, 2005aGoodman, ,b, 2006. Ozanne and Thibodeau (OT, 1983) model spatial variation in house prices using data from the first three waves of the metropolitan American Housing Survey (AHS).…”