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The belief that it is fairer if communities are ``mixed'' can be traced at least to the late nineteenth century and the founders of the Garden City Movement. The idea is now firmly established in Organization for Economic Cooperation and Development (OECD) and national policies. This article...
Persistent link: https://www.econbiz.de/10010745367
In this paper we adopt a theory of class positions based on employment relations to assess what implications individuals¿ class positions have for their economic life. In particular we consider economic security (the risk of unemployment), economic stability (the variability component in...
Persistent link: https://www.econbiz.de/10011125923
are controlled for. However, the black-white homeownership gap disappears if differences in own and parental wealth and in …
Persistent link: https://www.econbiz.de/10010745486
’ indeed actively support restrictive measures. Yet, US metro area level homeownership rates are strongly negatively related to … predict outcomes which are consistent with the presented stylized facts. Generally, our model predicts that the homeownership …
Persistent link: https://www.econbiz.de/10010745559
Homeownership is heavily subsidized in many countries mainly through the tax code. The adverse effects of lenient tax … instrumental variables we find no evidence of positive externalities from neighbourhood homeownership rate. This result is robust …
Persistent link: https://www.econbiz.de/10011125920
House price capitalization – the adjustment of house prices to changes in local public service and tax levels – has long been thought to be a means of testing for efficiency in the local public sector. In this article I argue that the extent of house price capitalization itself may have...
Persistent link: https://www.econbiz.de/10011126064
We study the link between homeownership and entrepreneurship by exploiting the longitudinal dimension of the British … after entering homeownership. The negative link can be rationalized by portfolio considerations: leveraged housing …
Persistent link: https://www.econbiz.de/10011126138
homeownership attainment, using data from 1984 to 2007 and exploiting variation in the subsidy arising from changes in the MID … on homeownership. We find that the MID boosts homeownership attainment only of higher income households in less tightly … homeownership and improve social welfare. …
Persistent link: https://www.econbiz.de/10011126437
We hypothesize that as the distance of a residential move increases, the cost of collecting information on the destination housing market rises, the amount and quality of information collected fall, and the chances of making an ill-informed housing purchase decision increases, reducing the...
Persistent link: https://www.econbiz.de/10011126634
(i) homeowners are more likely to invest in social capital than renters and (ii) the positive link between homeownership …
Persistent link: https://www.econbiz.de/10010928759