Showing 1 - 10 of 24
The homeownership rate in the United States was essentially stagnant during the 1980's. This stagnation should be a … changing demographic conditions or preferences. Using a series of affordability measures, we find that homeownership … found that while homeownership opportunities improved during the 1980's, the ex ante use cost of owning a home increased …
Persistent link: https://www.econbiz.de/10011251824
households leave homeownership to become renters. Because of the richness of the data, this analysis is able to control for life …
Persistent link: https://www.econbiz.de/10011252735
This paper examines index revision in measuring the prices for owner-occupied housing. We consider the context of equityinsurance and the settlement of futures contracts. In addition to other desirable characteristics for aggregate price indexes, their usefulness in these contexts requires...
Persistent link: https://www.econbiz.de/10011252760
socioeconomic status comparable to that of native-born whites soon after arrival, as measured by their homeownership rates (Painter … ethnic communities described in Alba et al (2002) than ethnic enclaves Borjas (2000). Chinese homeownership rates adjusted by … other hand, the cultural influence of homeowning peers may have partially contributed to the higher homeownership of Chinese …
Persistent link: https://www.econbiz.de/10011252764
parents who made no down payment have similar outcomes to children of renters. The effect of homeownership holds up under …
Persistent link: https://www.econbiz.de/10011252780
microdata in both 2000 and 2005. The results suggest that immigrants are less successful in achieving homeownership and more … homeownership differs by geography and by immigrant group. Finally, we find evidence that immigrant networks increase the likelihood …
Persistent link: https://www.econbiz.de/10011252782
homeownership choice may influence wealth accumulation, labormarket outcomes, and even children's educational outcomes. Racial …
Persistent link: https://www.econbiz.de/10011252784
This study evaluates the effects of GSE mortgage purchase activity on homeownership and housingconditions among …
Persistent link: https://www.econbiz.de/10011252788
Changes in the Internal Revenue Code create and remove tax-induced trading constraints on homeowners. The Taxpayer Relief Act of 1997 replaced a one-time, post- age 55 capital gain exclusion with a larger gain exclusion option that could be exercised every two years. We develop a simple...
Persistent link: https://www.econbiz.de/10011252792
equilibrium, which results in reduced loan volumes. On balance, these effects can offset and make credit supply and homeownership …
Persistent link: https://www.econbiz.de/10011252795