This article presents the results of a survey carried out in spring 2012 to determine the level of housing costs … incurred by Austrian households. The housing cost survey shows that the share of housing costs borne by homeowners (loan … tenants’ income. The burden of housing costs is significant in the lowest income quartile, in particular (tenants: 51% of …

In this paper, I study the role of housing for wealth accumulation and the determination of the equilibrium real … increase in the share of housing wealth of almost 8 pp. All of these patterns are broadly in line with the empirical …

Chetty and Szeidl (2012) propose to estimate the effect of housing on portfolio choice by distinguishing between the …

The Norwegian public policy debate regularly returns to the private housing market. Housing prices have increased by … buyers face large costs to enter the housing market. In addition, maintaining the welfare state in the face of population … aging will likely involve higher tax burdens on the working population in the years to come. As housing is taxed leniently …

investors who acquire housing services by either renting or owning a home. The joint existence of these two investment vehicles …

The Taxpayer Relief Act of 1997 (TRA97) significantly changed the tax treatment of housing capital gains in the United …

job search with liquid wealth accumulation and consumption of housing that can be rented, bought on credit, or sold. In … using NLSY data from 1978 until 2005. We find that more relaxed housing lending conditions, particularly lower downpayment …

Abstract:We develop a model of the housing market that features both financial and matching frictions. In the model …, risk-averse households may save or borrow in order to smooth consumption over time and finance owner housing. Each … household either rents or owns its house. Some renter households become dissatisfied with rental housing and want to buy a house …

Using the data on maintenance expenditures and self-assessed house value, I separate the measure of individual housing … stock and house prices, and use these data for testing whether nondurable consumption and housing are characterized by … nondurable consumption and housing. I reach a similar conclusion for some separate consumption categories, such as food and …