Haurin, Donald; Munasib, Abdul; Rosenthal, Stuart S. - Spears School of Business, Oklahoma State University - 2007
The clich¨¦ ¡°once a homeowner, always a homeowner¡± is not true. We study the causes of terminations of spells of first-time homeownership.Using a national panel data set, we find that the likelihood of a household terminating a spell of homeownership is predictable at the time of...