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Accounting for changes in the homeownership rate

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Accounting for changes in the homeownership rate

Chambers, Matthew (contributor); Garriga, Carlos (contributor) - 2007

After three decades of being relatively constant, the homeownership rate increased over the period 1994 to 2005 to attain record highs. The objective of this paper is to account for the observed boom in ownership by examining the role played changes in demographic factors and innovations in the...