Physical Review Letters
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Diffusive Nature of Housing Prices
Author(s): Antoine-Cyrus Becharat, Michael Benzaquen, and Jean-Philippe Bouchaud
We analyze the French housing market prices in the period 1970–2022, with high-resolution data from 2018 to 2022. The spatial correlation of the observed price field exhibits logarithmic decay characteristic of the two-dimensional random diffusion equation—local interactions may create long-range co… [Phys. Rev. Lett. 135, 107401] Published Tue Sep 02, 2025
