B-K conditions are not satisfied

[Rannie]

Hello everyone,

I faced a problem when run a DSGE model with housing in dynare, the error is "Blanchard Kahn conditions are not satisfied: indeterminacy".
I already check the timing about the first-oder-conditon and it seems all ok.
Can anybody help me to find out what's the problem that i missed? I'll very very appreciate about that. Thank you.

Attachment is my code and the error message that dynare shows:

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There are 12 eigenvalue(s) larger than 1 in modulus
for 14 forward-looking variable(s)

The rank condition ISN'T verified!

Error using print_info (line 45)
Blanchard Kahn conditions are not satisfied: indeterminacy

Error in stoch_simul (line 98)
print_info(info, options_.noprint, options_);

Error in housing (line 562)
info = stoch_simul(var_list_);

Error in dynare (line 180)
evalin('base',fname) ;
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[jpfeifer]

Having two agents with stocks (housing or capital) in the economy is tricky in terms of timing. Please check whether that is the source of the problem, see e.g. http://www.dynare.org/phpBB3/viewtopic.php?f=1&t=3564