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correlations between rent-to-price ratios and homeownership rates. We interpret this as strong evidence in favor of contracting …
Persistent link: https://www.econbiz.de/10011400709
joint location and tenure mode decisions. To investigate the effect of homeownership on equilibrium prices and allocations … three results. First, homeownership enables more households to remain in the more desirable location at the expense of … newcomers. Second, homeownership adds to the volatility of the housing market. Third, homeownership may amplify the dispersion …
Persistent link: https://www.econbiz.de/10011514075
joint location and tenure mode decisions. To investigate the effect of homeownership on equilibrium prices and allocations … three results. First, homeownership enables more households to remain in the more desirable location at the expense of … newcomers. Second, homeownership adds to the volatility of the housing market. Third, homeownership may amplify the dispersion …
Persistent link: https://www.econbiz.de/10001739593
Conventional wisdom holds that one of the riskiest aspects of owning a house is the uncertainty surrounding its sale price, especially if one moves to another housing market. However, households who sell a house typically buy another house, whose purchase price is also uncertain. We show that...
Persistent link: https://www.econbiz.de/10013134244
In this article, we study tradeoffs associated with homeownership and renting. We consider a model in which housing …
Persistent link: https://www.econbiz.de/10013096359
Conventional wisdom holds that one of the riskiest aspects of owning a house is the uncertainty surrounding its sale price, especially if one moves to another housing market. However, households who sell a house typically buy another house, whose purchase price is also uncertain. We show that...
Persistent link: https://www.econbiz.de/10013150431
Over the past two years, the cost of housing and community amenities has been growing at a moderate rate. Due to financial problems, one in every ten households delayed paying its bills, or paid them only in part. The volume of housing and community amenities payments in arrears remained the...
Persistent link: https://www.econbiz.de/10012955637
Housing data are available for most large metropolitan regions in the Atlanta Fed's Southeast region. However, many midsized metropolitan, micropolitan, and nonmetro areas lack detailed data on rental housing affordability and housing supply needs by income level. These data are important for...
Persistent link: https://www.econbiz.de/10012851544