We study whether the positive effects of homeownership on political participation and social capital, found in developed market economies, extend to post-communist countries. We use the privatization of publicly-owned housing in post-communist countries as an exogenous source of variation of...

Homeownership is believed to cause higher unemployment. This is because homeowners face higher mobility costs that limit their job search to local labor markets. Empirical tests of this prediction have yielded mixed results so far, possibly due to the endogeneity of homeownership. This paper...