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Dynamic housing expenditures and household welfare
Blow, Laura; Nesheim, Lars - 2009
In this paper we develop a measure of current "expenditures" on housing services for owner-occupiers. Having such a measure is important for measuring the relative welfare of households, especially when comparing renters and owners and for measuring inflation. From a theoretical perspective...
Persistent link: https://www.econbiz.de/10003817248
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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...
Persistent link: https://www.econbiz.de/10003871276
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Dynamic housing expenditures and household welfare
Blow, Laura; Nesheim, Lars - 2009
In this paper we develop a measure of current expenditures on housing services for owner-occupiers. Having such a measure is important for measuring the relative welfare of households, especially when comparing renters and owners and for measuring inflation. From a theoretical perspective...
Persistent link: https://www.econbiz.de/10010288450
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Is Energy Efficiency Priced in the Housing Market? Some Evidence from the United Kingdom
Fuerst, Franz; McAllister, Patrick M.; Nanda, Anupam; … - 2013
This paper investigates whether energy performance ratings, as measured by mandatory Energy Performance Certificates (EPCs), are reflected in the sale prices of residential properties. This is the first large-scale empirical study of this topic in the UK involving approximately 400,000 dwellings...
Persistent link: https://www.econbiz.de/10014160447
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Mortgage market maturity and homeownership inequality among young households: a five-country perspective
Bicakova, Alena; Sierminska, Eva M. - 2008
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
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Imputed rent and income inequality : a decomposition analysis for Great Britain, West Germany and the USA
Frick, Joachim R.; Grabka, Markus M. - 2003
This article deals with income advantages derived from owner-occupied housing and their impact on the personal income distribution. Using micro-data from the British Household Panel Study (BHPS), the German Socio-Economic Panel (SOEP), and the US Panel Study of Income Dynamics (PSID) we find...
Persistent link: https://www.econbiz.de/10009660374
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A retail price index including the shadow price of owner occupied housing
Blow, Laura; Nesheim, Lars - 2009
How do house price changes affect the cost of living? The retail price index in the UK does not directly incorporate house price changes. Instead it uses mortgage interest to capture the cost of owning a home. This is a useful method from many perspectives. However, from a consumer welfare...
Persistent link: https://www.econbiz.de/10003817246
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Do Long Distance Moves Discourage Homeownership? Evidence from England
Ha, Sejeong - 2014
We hypothesize that as the distance of a residential move increases, the cost of collecting information on the destination housing market rises, the amount and quality of information collected fall, and the chances of making an ill-informed housing purchase decision increases, reducing the...
Persistent link: https://www.econbiz.de/10013057930
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Age at Arrival and Immigrants' Housing Tenure : Evidence from the UK
Oladiran, Olayiwola; Schmidt, Carolin; Sunmoni, Adesola - 2022
We study the effect of age at arrival on immigrants' homeownership probability using a dataset representative of the …
Persistent link: https://www.econbiz.de/10013323107
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The effect of house prices on fertility : evidence from Canada
Clark, Jeremy; Ferrer, Ana M. - 2016
To the extent that families' fertility decisions respond to economic factors, the price of housing is an important and relatively neglected candidate for consideration in fertility decisions. In theory, the effect of changes in housing prices on family size will depend on the quantity of housing...
Persistent link: https://www.econbiz.de/10012064008