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tenant to homeowner, to investigate the secular decline in homeownership over the past several decades, wholly attributable …, highly educated women placing greater value on homeownership …
Persistent link: https://www.econbiz.de/10012867231
The article discusses the relatively large share of owner-occupied housing in the housing stock in selected European countries with relatively low per capita income and describes the underlying causes of this phenomenon. We identify the economic implications of the growing number of...
Persistent link: https://www.econbiz.de/10013006922
In this article, we test whether tenure choice influences employment. This influence might arise through a number of channels, including transaction costs, lock-in effects, wealth effects, externalities and commuting times. These factors could collectively have either a positive or negative...
Persistent link: https://www.econbiz.de/10013019702
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In recent years, Ireland has experienced a notable decline in homeownership and a rise in the proportion of households … to retirement with ongoing rent payments. This transition historically in Ireland has been smoothed by high homeownership … for many households in Ireland, the drop in the homeownership rate layers an additional complication in terms of the …
Persistent link: https://www.econbiz.de/10013279269
expansion of U.S. homeownership using an equilibrium model of tenure choice. In the model, home buyers have access to a menu of ….S. economy and is capable of accounting for the boom in homeownership in 1960. The decomposition suggests that government … taxation of housing services can have significant effects on homeownership …
Persistent link: https://www.econbiz.de/10013035927
Persistent link: https://www.econbiz.de/10009316251
This paper develops a model that shows why high-skilled workers move more and are therefore unemployed less than low-skilled workers. The model can explain the paradoxical empirical regularity that higher owner-occupation rates are associated with higher levels of unemployment although...
Persistent link: https://www.econbiz.de/10013321225