Showing 1 - 10 of 43
We investigate the employment effects of living in affordable housing. We develop a unique administrative data set of … labor market biographies linked to affordable housing projects in five German cities. This allows us to follow individuals … in affordable housing over almost 20 years. The funding scheme is similar to the American LIHTC program, so the results …
Persistent link: https://www.econbiz.de/10015165541
Using a quantitative spatial model as a data-generating process, we explore how spatial frictions affect the measurement of quality of life. We find that under a canonical parameterization, mobility frictions - generated by idiosyncratic tastes and local ties - dominate trade frictions -...
Persistent link: https://www.econbiz.de/10015210983
-run SOEP panel data and consider the impact of all housing transitions, whether or not they involve a change in housing tenure … or geographical movement, on both life satisfaction and housing satisfaction. Controlling for individual characteristics … housing satisfaction. This latter is particularly large for renters who become homeowners and move geographically, and for …
Persistent link: https://www.econbiz.de/10013351807
the importance of familial wealth for household wealth accumulation and housing wealth in particular. A back …-of-the-envelope calculation suggests that dynastic home equity increases housing wealth inequality among young adults by 20%. …
Persistent link: https://www.econbiz.de/10013351968
Following popular discourse, we abuse economic terminology by defining the “housing shortage” in the United States as … of homes. The magnitude of the housing shortage is important to policymakers, who use it to measure the scope of the … housing supply problem and the extent to which proposed policies would solve it. However, previous studies understate the …
Persistent link: https://www.econbiz.de/10013351986
Participants to an online study in Luxembourg are presented with fictitious real-estate advertisements and tasked to make an offer for each of them. A random subset is also shown sellers' names that are strongly framed to signal their origins. Our randomised procedure allows us to conclude that,...
Persistent link: https://www.econbiz.de/10014377321
"golden visas" impact real estate housing markets. Using the population of transactions records from 2007 to 2019, we analyse … average of around €38,000 at the investment threshold, indicating a more than 10% price increase in high-end housing prices …
Persistent link: https://www.econbiz.de/10014533889
, and housing conditions. The program, known as Integro, was introduced in 2018 by the Compagnia di San Paolo, one of Italy … of the four target outcomes considered, with only the fourth (housing conditions) not being affected. We also sought to …
Persistent link: https://www.econbiz.de/10014533897
investigations reveal that the gap in housing outcomes is much more pronounced for the probability of home ownership than for home … value or home equity. Once households have entered the housing market, differences across gender, race and family type are …
Persistent link: https://www.econbiz.de/10010262140
higher levels of unemployment although home-owners tend to be unemployed less. The choice of housing tenure affects moving … mobility and unemployment, and discusses effects of government intervention in the housing market. In addition, it is shown …
Persistent link: https://www.econbiz.de/10010262416