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Marriage Market Signals and Homeownership for the Never Married
Mundra, Kusum - 2018
There is a growing trend of buying homes among the single population in the U.S. This trend has been referred to as "Going Solo" and is particularly evident among women who are the focus of our study. In this paper we investigate the hypothesis that homeownership probabilities can be affected by...
Persistent link: https://www.econbiz.de/10012908894
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Housing Decision with Divorce Risk
Fischer, Marcel - 2019
precautionary savings enables households to buy homes earlier, whereas the presence of transaction costs leads to reduced … homeownership for middle-aged and older households when divorce risk goes up …
Persistent link: https://www.econbiz.de/10012897409
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Does the housing market react to new information on school quality?
Fiva, Jon H.; Kirkebøen, Lars J. - 2008
quality indicators, suggesting that households care about school quality, and may be willing to pay for better schools. The …
Persistent link: https://www.econbiz.de/10010264360
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Income taxes, property values and migration
Glazer, Amihai; Kanniainen, Vesa; Poutvaara, Panu - 2005
We consider taxation by a utilitarian government in the presence of heterogeneous locations within a country. We show that a utilitarian government never equalizes after-tax incomes, even when it can impose group-specific lump-sum taxes. If migration is impossible, a utilitarian government may...
Persistent link: https://www.econbiz.de/10010267489
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The capitalization of non-market attributes into regional housing rents and wages : evidence on German functional labor market areas
Hiller, Norbert; Lerbs, Oliver - 2014
This paper extends existing research on regional quality of life in Germany by newly estimating the role of region-specific (dis-)amenities in the determination of regional housing rents and wages. Different from previous studies, the empirical analysis draws on functional labor market areas...
Persistent link: https://www.econbiz.de/10010367141
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Income taxes, property values, and migration
Glazer, Amihai; Kanniainen, Vesa; Poutvaara, Panu - 2003
We consider taxation by a Leviathan government and by a utilitarian government in the presence of heterogeneous locations within a country, when migration from one country to another is and is not possible. In a closed economy, a utilitarian government may transfer income from the poor to the...
Persistent link: https://www.econbiz.de/10011511078
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Homeownership : low household mobility, volatile housing prices, high income dispersion
Ortalo-Magné, François; Rady, Sven - 2002
We develop a dynamic stochastic equilibrium model of two locations within a city where heterogeneous households make … joint location and tenure mode decisions. To investigate the effect of homeownership on equilibrium prices and allocations … three results. First, homeownership enables more households to remain in the more desirable location at the expense of …
Persistent link: https://www.econbiz.de/10011514075
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Distributional price effects of rent controls in Berlin : when expectation meets reality
Thomschke, Lorenz - 2016 - This version: November 1, 2016
An enormous increase of initial rents in many German cities over the last decade has prompted the current grand coalition to implement a new rent control called "Mietpreisbremse" in 2015 (literally a brake on rental prices). This reform aims to stop exploding rents and to provide particularly...
Persistent link: https://www.econbiz.de/10011557784
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Income taxes, property values and migration
Glazer, Amihai (contributor); Kanniainen, Vesa (contributor) - 2005
We consider taxation by a utilitarian government in the presence of heterogeneous locations within a country. We show that a utilitarian government never equalizes after-tax incomes, even when it can impose group-specific lump-sum taxes. If migration is impossible, a utilitarian government may...
Persistent link: https://www.econbiz.de/10003227212
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House Price Fluctuations and Residential Sorting
Haavio, Markus - 2009
Empirical evidence suggests that local jurisdictions are internally more heterogeneous than standard sorting models predict. We develop a dynamic multi-region model, with fluctuating regional house prices, where an owner-occupying household's location choice depends on its current wealth and its...
Persistent link: https://www.econbiz.de/10013158359