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Using models from the happiness and the behavioural economics literature, we develop an analytical framework to investigate the relationship between housing wealth and residential satisfaction. Two hypotheses, i.e., social comparison and adaptation, are tested by using household panel survey...
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At 34%, Switzerland has the lowest home ownership rate in Western Europe. This is a puzzle given the economic strength …. We also measure mortgage underwriting criteria and consider rent control and other policies affecting rental housing. By …
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At less than 34%, Switzerland has the lowest home ownership rate in Western Europe. This may seem odd given the … things, We also measure mortgage underwriting criteria and consider rent control and other policies affecting rental housing …-relative to household incomes and wealth-and the tax on imputed rent are the most important causes of Switzerland's low ownerhip …
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