In this paper we investigate the effect of labour income uncertainty on the probability of homeownership in Germany and … that highlights the pivotal role of risk attitudes in the housing tenure decisions that also allow us to introduce the … preference for renting while those located in a positively skewed income distribution show a greater propensity for homeownership …

Barriers to homeownership have traditionally been an important research and policy issue. In particular, the role of …-occupancy propensities is driven by risk aversion, as it is assumed in most of the theoretical models, or on the contrary it is driven by … Italian Survey of Household Income and Wealth carried out by the Bank of Italy. Our results confirm that in Italy both labor …

I show that individuals whose unemployment risk tends to increase more when local home prices fall optimally invest …