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Persistent link: https://www.econbiz.de/10010385218
I show that individuals whose unemployment risk tends to increase more when local home prices fall optimally invest less in owner-occupied housing. Using a unique, Swedish register-based database, I find that a one standard deviation increase in the covariance between individually estimated...
Persistent link: https://www.econbiz.de/10010203021
& Development Board (HDB) and homeownership financed through Central Provident Fund (CPF) savings. As a result, the country …'s homeownership rate of 90% is one of the highest among market economies. At different stages of its economic development, the …
Persistent link: https://www.econbiz.de/10011441135
In this paper we shall examine homeownership trends over the past 3 to 4 decades and discuss differences related to the … homeownership gap for women and men, with a focus on most recent trends. We shall compare differences in the US to those in … for women remains for younger cohorts in the face of risking homeownership. The latest crisis did not change the general …
Persistent link: https://www.econbiz.de/10011442308
economic crisis. Spain is also a country which is characterised by a very high percentage of homeownership, with more than 83 …% of households being owner-occupiers. Both regional levels of unemployment and homeownership are known to be important … (2001 and 2011) to study the effect of homeownership and regional unemployment levels on both short and long distance …
Persistent link: https://www.econbiz.de/10011543200
In this paper we shall examine homeownership trends over the past 3 to 4 decades and discuss differences related to the … homeownership gap for women and men, with a focus on most recent trends. We shall compare differences in the US to those in … for women remains for younger cohorts in the face of risking homeownership. The latest crisis did not change the general …
Persistent link: https://www.econbiz.de/10011453975
Persistent link: https://www.econbiz.de/10011538114
Persistent link: https://www.econbiz.de/10010420108
In this paper we investigate Oswald's hypothesis according to which higher homeownership rates increase aggregate … following an (exogenous) increase in homeownership rates. We show that (1) Oswald's hypothesis does not always hold as it … depends crucially on the importance of mobility costs; (2) while higher homeownership may harm macroeconomic labour market …
Persistent link: https://www.econbiz.de/10010423759
We study the link between homeownership, mortgage debt, and entrepreneurship using a model of occupational choice and …
Persistent link: https://www.econbiz.de/10010425992