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How do changes in population structure such as population aging affect housing markets? This paper exploits historical demographic changes to identify the effect of urban demographic change on housing costs, building on half a millennium of data on house prices, rents, and demographics. We show...
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While there is a great deal of literature focusing on the relationship between income and fertility, little is known … about how wealth affects fertility decisions of the household. This paper fills this gap in the literature by investigating … how changes in housing wealth affect fertility. In particular, we use the wealth variation supplied by the recent housing …
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