This paper studies the effects of private real estate collateral on entrepreneurial lending and entrepreneurial activity in the Netherlands. The residential collateral channel is especially relevant for sole-proprietors who own a business with unlimited liability. We used administrative data on...

Using a nationally representative panel of consumer credit records for the US from 1999 to 2021, we document a positive correlation between child and parent homeownership. We propose a new causal mechanism behind this relationship based on parents extracting home equity to help finance their...

1. Introduction : financialization and houseing studies -- 2. Centring housing in political economy / with Brett Christophers -- 3. The financialization of home and the mortgage market crisis -- 4. The great moderation, the great excess and the global housing crisis -- 5. Financialization and...

Expectations of housing prices play an important role in real estate research. Despite their importance, obtaining a reasonable proxy for such expectations is a challenge. The existing literature on mortgage research either does not include housing expectation proxies in empirical models, or...

The amount of housing equity withdrawal (HEW) has swung from being significantly positive before the financial crisis and recession, to negative over the past few years. The net effect of a chain of housing transactions is typically a large equity withdrawal. The fall in the number of housing...

Expectations in housing prices play an important role in real estate research. Despite its importance, obtaining a reasonable proxy for such expectation is a challenge. The existing literature in mortgage research either does not include proxies of housing expectations in empirical models or...