Oswald hypothesizes that regions and countries with high homeownership rates will experience higher natural rates of … unemployment and that rising homeownership in OECD countries since the 1960s provides a key explanation for the rise in the natural … have significantly slower exits from unemployment. Overall, homeownership does not increase unemployment. Finally, in line …

about their political leaders, joining non-professional organizations and even gardening. Homeownership may encourage these … investments because homeownership gives individuals an incentive to improve their community and because homeownership creates … conclusive, we find evidence that a large portion of the effect of homeownership on these investments may come from lower …