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 …

homeownership and declining unemployment are linked and that the causality runs from high homeownership leading to high unemployment … and mortgaged homeownership. Generally, the evidence that a declining homeownership rate contributes to a lower …

In this paper we investigate Oswald's hypothesis according to which higher homeownership rates increase aggregate … following an (exogenous) increase in homeownership rates. We show that (1) Oswald's hypothesis does not always hold as it … depends crucially on the importance of mobility costs; (2) while higher homeownership may harm macroeconomic labour market …

The paper investigates the links between homeownership, employment and earnings for which no consensus exists in the …