Fisher, Jonas D. M.; Gervais, Martin - Federal Reserve Bank of Chicago - 2009
We document that home ownership of households with "heads" aged 25 - 44 years fell substantially between 1980 and 2000 … and recovered only partially during the 2001-2005 housing boom. The 1980-2000 decline in young home ownership occurred as … calibrated to micro and macro evidence to understand why young home ownership fell over a period when it became easier to own a …