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Housing, home ownership, tenure choice, first-time home-buyers, marriage, income risk

Fisher, Jonas D. M. (contributor); … - 2009

We document that home ownership of households with "heads" aged 25-44 years fell substantially between 1980 and 2000 and recovered only partially during the 2001{2005 housing boom. The 1980{2000 decline in young home ownership occurred as improvements in mortgage opportunities made it easier to...