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homeownership in Japan. We find that although both rural and urban households with higher incomes are more likely to transition to … homeownership, access in rural areas is more equally distributed over various income groups. Since most of the previous empirical …, whereas in rural areas homeownership is more equally distributed. Nonetheless, given the relatively low levels of household …
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Homeownership rates are very different across European countries. They range from below 50% in Germany to over 80% in … Greece, Spain or Ireland. However the differences lie not only in the overall homeownership rates but also in its structure … significant determinant of the decision to move to homeownership in all analysed countries, while co-habitating households are …
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After three decades of being relatively constant, the homeownership rate increased over the period 1994 to 2005 to … aggregate homeownership rate ranges from 56 and 70 percent. …
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We provide explicit solutions to life-cycle utility maximization problems simultaneously involving dynamic decisions on investments in stocks and bonds, consumption of perishable goods, and the rental and the ownership of residential real estate. House prices, stock prices, interest rates, and...
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