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and rising mortgage interest rates on household mobility. We find that both factors lead to lower, not higher, mobility … misplaced. It does indicate that, in the past, the mortgage lock-in effects of these two factors were dominant over time …. Policymakers may wish to begin considering the consequences of mortgage lock-in and reduced household mobility because they are …
Persistent link: https://www.econbiz.de/10003781789
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This paper provides updated estimates of the impact of three financial frictions - negative equity, mortgage lock … percent, and $1,000 of additional mortgage or property tax costs reduces household mobility by 10 to 16 percent. Schulhofer …
Persistent link: https://www.econbiz.de/10009380271
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This paper provides updated estimates of the impact of three financial frictions — negative equity, mortgage lock … percent, and $1,000 of additional mortgage or property tax costs reduces household mobility by 10 to 16 percent. Schulhofer …
Persistent link: https://www.econbiz.de/10013113535
This paper provides updated estimates of the impact of three financial frictions - negative equity, mortgage lock … household mobility by 30 percent, and $1,000 of additional mortgage or property tax costs reduces household mobility by 10 …
Persistent link: https://www.econbiz.de/10013120305
owners having negative equity in their homes and of rising mortgage interest rates. We find that both lead to lower, not …
Persistent link: https://www.econbiz.de/10012464339
This paper provides updated estimates of the impact of three financial frictions - negative equity, mortgage lock … household mobility by 30 percent, and $1,000 of additional mortgage or property tax costs reduces household mobility by 10 …
Persistent link: https://www.econbiz.de/10012461253
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