@article{li2026understanding,
  title        = {Understanding Rationality and Disagreement in House Price Expectations},
  author       = {Li, Zigang and {Van Nieuwerburgh}, Stijn and Wang, Renxuan},
  journal      = {The Review of Financial Studies},
  year         = {2026},
  volume       = {39},
  number       = {2},
  pages        = {297--342},
  month        = {February},
  doi          = {10.1093/rfs/hhaf073},
  url          = {https://doi.org/10.1093/rfs/hhaf073},
  note         = {Published online 18 September 2025}
}