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Which housing characteristics are important for understanding homeownership rates? How are housing characteristics … theories of homeownership? Using the English Housing Survey, we estimate a selection model of the allocation of properties to … correlations between rent-to-price ratios and homeownership rates. These patterns are consistent with, among others, hypotheses of …
Persistent link: https://www.econbiz.de/10012621082
commonly believed, lead to a substantial increase in homeownership by minorities but instead generated turnover in properties …
Persistent link: https://www.econbiz.de/10010292355
We explore the pattern of elderly homeownership using microeconomic surveys of 15 OECD countries, merging 60 national …
Persistent link: https://www.econbiz.de/10010298403
causal relationship from homeownership to unemployment. The literature confirms a decreasing effect of homeownership on …, there are clear indications that there is also an effect of homeownership on the search for jobs on the local labour market …
Persistent link: https://www.econbiz.de/10010325367
towards multi-story building structure, low homeownership rates and lower securitization levels in the twentieth century. A …
Persistent link: https://www.econbiz.de/10011612913
Barriers to homeownership have traditionally been an important research and policy issue. In particular, the role of … income uncertainty and credit constraints exert a significant negative effect on the probability of homeownership. Our main …
Persistent link: https://www.econbiz.de/10010261962
We investigate the socio-economic determinants of mortgage delinquency in 12 EU countries and observe that income volatility significantly increases the mortgage delinquency risk. This pattern even holds for borrowers with higher-income profiles if volatility in income is high enough. From this...
Persistent link: https://www.econbiz.de/10010262138
A wide range of aggregate data is used to examine the spatial variation in homeownership rates among a cross-section of … spatial dependence in homeownership levels. In addition to familiar demographic and socioeconomic variables, the regional … disparities in homeownership rates between eastern and western Germany as well as between rural, urbanized and agglomerated …
Persistent link: https://www.econbiz.de/10010274774
This paper uses the newly constructed Luxembourg Wealth Study data to document cross-country variation in homeownership … rates and the homeownership-income inequality among young households in Finland, Germany, Italy, the UK and the US, and … relate it to cross-country differences in mortgage market maturity. We find that aside from Italy, homeownership rates and …
Persistent link: https://www.econbiz.de/10010276611
cultural divides, this paper introduces the idea of housing cleavages, i.e., homeownership versus tenancy and high-price versus … homeownership rate and conservative house price development, Germany represents a least-likely case for housing to be of importance …, and homeownership are positively associated with voting for center-right parties and voter turnout, while social tenancy …
Persistent link: https://www.econbiz.de/10012218954