homeownership rates. The probability of becoming a homeowner is a function of the relative cost of owning and renting, borrowing … supply is inelastic. homeownership ; tax policy ; prices …

greater chance of getting a mortgage to buy a home. As a result, the positive correlation between the homeownership and …

higher LTV ratio substantially increases an elderly homeowner’s likelihood of exiting homeownership. In particular, elderly … homeowners with an LTV ratio greater than 80% are more than four times likely to exit homeownership than their debt … less likely to depart from homeownership if they recently extracted equity from their homes. In addition, we find both …

This study investigates homeownership decisions of young adult children who experienced parental foreclosure. The … and 2011 had the strongest negative effects; yet, young adults appeared to postpone rather than giving up homeownership … foreclosure effects exceeded the positive effects of savings, making homeownership less likely among foreclosure witnesses who …

After three decades of being relatively constant, the homeownership rate increased over the period 1994 to 2005 to … aggregate homeownership rate ranges from 56 and 70 percent. …