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after entering homeownership. The negative link can be rationalized by portfolio considerations: leveraged housing …
Persistent link: https://www.econbiz.de/10011126138
A reduction in inflation can fuel run-ups in housing prices if people suffer from money illusion. For example …
Persistent link: https://www.econbiz.de/10011071404
Using the proprietary dataset of a real estate agency, I analyse tens of thousands of housing sale and rental …
Persistent link: https://www.econbiz.de/10010744927
This paper investigates the impact of immigration on the probability of being in social housing in the UK. In recent … years immigrant households are slightly more likely than natives to be in social housing but once one controls for relevant … household characteristics immigrants are significantly less likely to be in social housing than natives. However, there has been …
Persistent link: https://www.econbiz.de/10011126582
This paper shows, from the consumer’s budget constraint, that expected future labor income growth rates and the residuals of the cointegration relation among log consumption, log asset wealth and log current labor income (summarized by the variable cay of Lettau and Ludvigson (2001a)), should...
Persistent link: https://www.econbiz.de/10011071442