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 …

Homeownership rates are very different across European countries. They range from below 50% in Germany to over 80% in … Greece, Spain or Ireland. However the differences lie not only in the overall homeownership rates but also in its structure … significant determinant of the decision to move to homeownership in all analysed countries, while co-habitating households are …

chronic problem in urban areas. Governments try to alleviate it by stimulating homeownership among middle-income households … conclude from our empirical analysis that governmental policy indeed positively affects homeownership rates and social housing …