Home ownership is the most desired form of housing tenure around the world for reasons of security and certainty. Owning a house presents a struggle for families virtually everywhere: for example, in Tokyo a typical house can cost around five to six times the yearly earnings of a family. Many...

Purpose: Homeownership has been the main focus of housing policies in most countries. Typical means that households use to achieve homeownership is to take out a loan and supplement this with accumulated wealth for a downpayment. This paper aims to analyze the mortgage demand behavior of...

Home ownership is the most desired form of housing tenure around the world for reasons of security and certainty. Owning a house presents a struggle for families virtually everywhere: for example, in Tokyo a typical house can cost around five to six times the yearly earnings of a family. Many...