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We study the impact of borrowing constraints on home ownership and housing demand by comparing the tenure choice and housing quality of consumers who receive intra-family wealth transfers to those that do not. Our analysis is based on household-level panel data providing information on the...
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inheritances) contribute to social stratification in the transition to homeownership. Utilizing discrete-time survival analysis on …. Anticipated future transfers also increase homeownership probability before transfer receipt. Anticipated and received together … transfers explain up to 56% of the variation in homeownership transition rates by parental socio-economic status but the …
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