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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...
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chronic problem in urban areas. Governments try to alleviate it by stimulating homeownership among middle-income households … conclude from our empirical analysis that governmental policy indeed positively affects homeownership rates and social housing …
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tenant to home-owner, to investigate the secular decline in homeownership over the past several decades, wholly attributable …
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