Thank you. My mistake. Either way http://www.nber.org/papers/w22816 http://www.nber.org/papers/w22816 shows statistically significant demand inelasticity with t

Thank you. My mistake. Either way http://www.nber.org/papers/w22816 http://www.nber.org/papers/w22816 shows statistically significant demand inelasticity with the relevant section being > a simple regression of the log median rental share on the rental price index, recovering a median expenditure share, sy, of 22.5 percent, and an implied price elasticity, εy,p of -0.83. ... The regression line has slope β1 = −β2 in equation (5b), with β3 = β4 = 0 imposed. Both slopes are positive and statistically significant, indicating demand is price-inelastic